TFER
Supernovae, still maturing. See my previous comments, mostly still applicable. Rose 5%ish on a gap up that closed below the open with peak volume. OTC stock, may not be done yet. Potential short.
RGS
New 52's. Short term, these potential 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 19.57) and holds. Avoid shorts/big gaps keep flat on true weakness. Volume modest Tuesday, a fair sign for new buys. Needs to keep above the Tuesday close or at least over 19 on pull backs to remain viable as a long, aside from any early noise.
GWYRF
Red floater scan return. Idea is to play for more down side on day 2. Closed red over 0.5% on Tuesday off a gap up that ended below the debut. Stop above the previous day session high (2.21) to cap losses on head fake fade entries. More conservatively, stop above the close on Tuesday if it starts off net negative. I'm only into the shorting possibility if it surfaces, keeping flat on strength. Also a short on heavy volume dumps/confirmed weakness cues. Low sell volume on Tuesday means it might have unclear chances to work. Pinkie. A 2.17 fail would be ideal. Avoid all big gaps/longs. 2.17 fail or gate dump?
RSH
B/O scan. I like it long back over 2.71 and holds. Ideal to stay over that on tests aside from early noise if it triggers. Stops also possible just under the close on Tuesday or the 1st 30 minute low of Wednesday. Avoid all shorts and all big gaps. The low on Tuesday is too far away to use for risk managing stops. Also a long on spiking up at or near the gun as a scalp. Medium volume on the rise, a neutral sign for new buys. No A/H quote shift. Exiting below 2.50 on fails after trigger entry is advisable. Early r/g buy?
BRCD
Bullish Engulfing. I like this long over 5.42/holds. Medium volume on the rise, which is a neutral 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 Wednesday. More conservatively a stop placed under Tuesday's close, too. The low on that day is not too far away to use for stops. Ideally stays above 5.35 on pull backs to remain viable as a long if it triggers. No big gaps/shorts. Down a little over 1% A/H.
NIHD
Hammer scan long. The tail is too long to use the low as a stop level unless the position is very modest. Use the previous session close alternatively instead. Trigger is above the high of last time, here above 7.04/holds. Avoid all big gaps, especially up ones. 7+ is the ticket. Down a tad A/H. If it gaps over the trigger or 7 let it test/hold/perk 1st before entering. No shorts, keep flat on redness.
ARI
Parabolic Sar scan. I like it long over 16.68 and holds. Small volume on the rise today, a good sign for new longs. Place a stop under the close today or the 1st 30 minute low tomorrow. Keep flat on all big gaps and avoid shorts. Long too on spiking up at or near the gun as a scalp. No A/H quote. If it gaps over the trigger a bit, wait for a test/hold/perk to enter.
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Supernovae, still maturing. See my previous comments, mostly still applicable. Rose 5%ish on a gap up that closed below the open with peak volume. OTC stock, may not be done yet. Potential short.
RGS
New 52's. Short term, these potential 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 19.57) and holds. Avoid shorts/big gaps keep flat on true weakness. Volume modest Tuesday, a fair sign for new buys. Needs to keep above the Tuesday close or at least over 19 on pull backs to remain viable as a long, aside from any early noise.
GWYRF
Red floater scan return. Idea is to play for more down side on day 2. Closed red over 0.5% on Tuesday off a gap up that ended below the debut. Stop above the previous day session high (2.21) to cap losses on head fake fade entries. More conservatively, stop above the close on Tuesday if it starts off net negative. I'm only into the shorting possibility if it surfaces, keeping flat on strength. Also a short on heavy volume dumps/confirmed weakness cues. Low sell volume on Tuesday means it might have unclear chances to work. Pinkie. A 2.17 fail would be ideal. Avoid all big gaps/longs. 2.17 fail or gate dump?
RSH
B/O scan. I like it long back over 2.71 and holds. Ideal to stay over that on tests aside from early noise if it triggers. Stops also possible just under the close on Tuesday or the 1st 30 minute low of Wednesday. Avoid all shorts and all big gaps. The low on Tuesday is too far away to use for risk managing stops. Also a long on spiking up at or near the gun as a scalp. Medium volume on the rise, a neutral sign for new buys. No A/H quote shift. Exiting below 2.50 on fails after trigger entry is advisable. Early r/g buy?
BRCD
Bullish Engulfing. I like this long over 5.42/holds. Medium volume on the rise, which is a neutral 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 Wednesday. More conservatively a stop placed under Tuesday's close, too. The low on that day is not too far away to use for stops. Ideally stays above 5.35 on pull backs to remain viable as a long if it triggers. No big gaps/shorts. Down a little over 1% A/H.
NIHD
Hammer scan long. The tail is too long to use the low as a stop level unless the position is very modest. Use the previous session close alternatively instead. Trigger is above the high of last time, here above 7.04/holds. Avoid all big gaps, especially up ones. 7+ is the ticket. Down a tad A/H. If it gaps over the trigger or 7 let it test/hold/perk 1st before entering. No shorts, keep flat on redness.
ARI
Parabolic Sar scan. I like it long over 16.68 and holds. Small volume on the rise today, a good sign for new longs. Place a stop under the close today or the 1st 30 minute low tomorrow. Keep flat on all big gaps and avoid shorts. Long too on spiking up at or near the gun as a scalp. No A/H quote. If it gaps over the trigger a bit, wait for a test/hold/perk to enter.
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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