HDSN
New 52's. Short term, these yearly high stocks usually go higher. Consistently strong price action, like trading above the opening price level after the first 5 minutes, is a long. Or, if it gaps down a bit to debut or opens flat and falls briefly, a red to green and hold with strong volume. Also long on spiking up at or near the gun as a scalp. This might be an EOD exit, depending on how it holds up. Also long on a break above to new yearly highs (over 4.10) and holds. Avoid shorts/big gaps keep flat on true weakness. Volume modest Wednesday, a decent sign for new buys. Needs to keep above the Wednesday close or at least over 4 on pull backs to remain viable as a long, aside from any early noise. 4 test pivotal, scale in option on holds.
ATTUF
Red floater scan return. Idea is to play for more down side on day 2. Ended unchanged on Wednesday via a gap up debut that closed below the open after several mostly up days. Stops just above 1.29 tops to cap losses on head fake fade entries. I'm only into the shorting possibility if it surfaces, keeping flat on strength. Also a short on heavy volume dumps/confirmed weakness cues. Modest sell volume Wednesday which means it may have possible chances for shorts. Avoid all big gaps, especially large gap downs. No longs.
CVGI
Bullish Engulfing. I like this long over the high (11.05) of Wednesday. Modest volume on the rise, which is a fair sign for new buyers. Keep flat on real weakness aside from a typical red to green move, etc. Stops just under the low last time or the initial 30 minute one on Thursday. More conservatively a stop placed under Wednesday's close, too. The low on that day is not too far away to use for stops. Ideally stays above 10.75 on pull backs to remain viable as a long if it triggers. No big gaps/shorts. No A/H quote.
SIAF
Bearish Engulfing. I like it short below the low (0.75) of Wednesday. Modest volume on the drop, which is a fair sign for new sellers. Keep flat on real strength aside from a typical green to red move, etc. Stops just above the high last time or the initial 30 minute one on Thursday. More conservatively a stop placed above Wednesday's close, too. The high on that day is too far away to use for risk control via stops. Ideally keeps under 0.83ish on any pull ups to remain viable as a short. Avoid all big gaps/longs.
STRI
B/O scan. I like it long back over 5.04 and holds. Ideal to stay over that on tests aside from early noise if it triggers. Stops also possible just under the close on Wednesday or the 1st 30 minute low of Thursday. Avoid all shorts and all big gaps. The low on Wednesday is too far away to use for risk managing stops. Also a long on spiking up at or near the gun as a scalp. Large volume on the rise, a weak sign for new buys. Exiting below 5 on fails after trigger entering might be prudent. Early r/g? No A/H quote. 5.14+/holds ideal.
SYNC
I like this short on over extension on a gap and crap top fish or better a fall fail back under 10/holds. Or back under 10.50/holds since A/H it's up over that a bit almost +5%. Avoid big gap downs. Also short on confirmed weakness cues or panic dumps at any time, possibly scalping. Keep in mind many plays like this go on to become Supernovae scans; it would not surprise me if it overtakes 10.50 and keeps going a bit. Stops above today's high at worst. More conservatively a bit over 10.50ish. Watch EMMS off record, too.
CALX
I like this long on a continuation (of momentum) play above 9 and holds. Obviously, aside from early noise or a typical red to green move this needs to take/hold 9 if tested to remain/be viable as a long. Also a long on spiking up at or near the bell for a long scalp. Keep flat on real weakness or trigger fail. Avoid all big gaps, as usual. No A/H quotes. A weak open with reversal? Scale in possible 2nd 1/2 over 9.34/holds.
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New 52's. Short term, these yearly high stocks usually go higher. Consistently strong price action, like trading above the opening price level after the first 5 minutes, is a long. Or, if it gaps down a bit to debut or opens flat and falls briefly, a red to green and hold with strong volume. Also long on spiking up at or near the gun as a scalp. This might be an EOD exit, depending on how it holds up. Also long on a break above to new yearly highs (over 4.10) and holds. Avoid shorts/big gaps keep flat on true weakness. Volume modest Wednesday, a decent sign for new buys. Needs to keep above the Wednesday close or at least over 4 on pull backs to remain viable as a long, aside from any early noise. 4 test pivotal, scale in option on holds.
ATTUF
Red floater scan return. Idea is to play for more down side on day 2. Ended unchanged on Wednesday via a gap up debut that closed below the open after several mostly up days. Stops just above 1.29 tops to cap losses on head fake fade entries. I'm only into the shorting possibility if it surfaces, keeping flat on strength. Also a short on heavy volume dumps/confirmed weakness cues. Modest sell volume Wednesday which means it may have possible chances for shorts. Avoid all big gaps, especially large gap downs. No longs.
CVGI
Bullish Engulfing. I like this long over the high (11.05) of Wednesday. Modest volume on the rise, which is a fair sign for new buyers. Keep flat on real weakness aside from a typical red to green move, etc. Stops just under the low last time or the initial 30 minute one on Thursday. More conservatively a stop placed under Wednesday's close, too. The low on that day is not too far away to use for stops. Ideally stays above 10.75 on pull backs to remain viable as a long if it triggers. No big gaps/shorts. No A/H quote.
SIAF
Bearish Engulfing. I like it short below the low (0.75) of Wednesday. Modest volume on the drop, which is a fair sign for new sellers. Keep flat on real strength aside from a typical green to red move, etc. Stops just above the high last time or the initial 30 minute one on Thursday. More conservatively a stop placed above Wednesday's close, too. The high on that day is too far away to use for risk control via stops. Ideally keeps under 0.83ish on any pull ups to remain viable as a short. Avoid all big gaps/longs.
STRI
B/O scan. I like it long back over 5.04 and holds. Ideal to stay over that on tests aside from early noise if it triggers. Stops also possible just under the close on Wednesday or the 1st 30 minute low of Thursday. Avoid all shorts and all big gaps. The low on Wednesday is too far away to use for risk managing stops. Also a long on spiking up at or near the gun as a scalp. Large volume on the rise, a weak sign for new buys. Exiting below 5 on fails after trigger entering might be prudent. Early r/g? No A/H quote. 5.14+/holds ideal.
SYNC
I like this short on over extension on a gap and crap top fish or better a fall fail back under 10/holds. Or back under 10.50/holds since A/H it's up over that a bit almost +5%. Avoid big gap downs. Also short on confirmed weakness cues or panic dumps at any time, possibly scalping. Keep in mind many plays like this go on to become Supernovae scans; it would not surprise me if it overtakes 10.50 and keeps going a bit. Stops above today's high at worst. More conservatively a bit over 10.50ish. Watch EMMS off record, too.
CALX
I like this long on a continuation (of momentum) play above 9 and holds. Obviously, aside from early noise or a typical red to green move this needs to take/hold 9 if tested to remain/be viable as a long. Also a long on spiking up at or near the bell for a long scalp. Keep flat on real weakness or trigger fail. Avoid all big gaps, as usual. No A/H quotes. A weak open with reversal? Scale in possible 2nd 1/2 over 9.34/holds.
New users: Read my trading guide for my play set-ups!
Review my blog at Investimonials:
Follow me now on Twitter:
Watch my instructional trading videos on YouTube:
Subscribe to Big T by e-mail:
Subscribe to Big T in a news reader:
The blog has a terms of service. Be sure to read it at:
http://traderbigt.blogspot.com/2010/02/please-read-my-terms-of-service-i.html
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