HART
Watch once more, but be careful if shorting despite it still being up so much. It fell a lot Monday finally. Treat as an initial red day Supernovae, with caution on any reversal in direction.
KBIO
Supernovae, still maturing. See my previous comments, still in effect. Rose on peak volume over 116% off a huge gap up Monday.
MCUR
Supernovae, still maturing. See my previous comments. Rose almost 16% Monday.
IO
New Supernovae scan return. A 5 day move up which closed under the highs and above the open. Volume near recent peak Monday. Eventually this can be shorted since it is up so absurdly. I suspect like many such plays it can go further than anyone expects, though. Conditional entry. On a higher open, it might yield a rapid green to red on Tuesday and spike down for a short scalp. This might even be a gap and crap. A fade on confirmed weakness cues anytime or heavy dumping on volume from or near the bell. Ideal is a flat or barely green or red open, followed by a big move down on volume to short into. Avoid big gaps, especially downward ones. Do not short into initial strength or greening. Box and drop to wait for the distribution print, if desired and avoid top fish timing fades. Keep flat on positive price action, no scalps.
AEZS
Another new Supernovae, see my comments for the above stock for general tips. 2 day riser.
GENE
In play both ways. As a long on continuation of momentum above 3.25/holds. Or as a scalp up at or near the gun for a scalp buy. Or, as a short on a fall fail of 3/and holds. Or as a scalp sell on a pop down at or near the bell. Avoid all big gaps. Be careful maintaining a short on a reversal back over 3. The fade is more likely given the price action on Monday, but keep an open mind.
VSTM
B/O scan. I like it long back over 2.27 and holds. Ideal to stay over that on tests aside from early noise if it triggers. Stops also possible just under the close on Monday or the 1st 30 minute low of Tuesday. Avoid all shorts and all big gaps. The low on Monday is too far away to use for risk managing stops. Also a long on spiking up at or near the gun as a scalp. Low volume on the rise, a good sign for new buys. Exiting below 2.10 on fails after trigger entry is possibly advisable. Early r/g buy?
New users: Read my trading guide for my play set-ups!
Review my blog at Investimonials:
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Watch my instructional trading videos on YouTube:
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The blog has a terms of service. Be sure to read it at:
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Watch once more, but be careful if shorting despite it still being up so much. It fell a lot Monday finally. Treat as an initial red day Supernovae, with caution on any reversal in direction.
KBIO
Supernovae, still maturing. See my previous comments, still in effect. Rose on peak volume over 116% off a huge gap up Monday.
MCUR
Supernovae, still maturing. See my previous comments. Rose almost 16% Monday.
IO
New Supernovae scan return. A 5 day move up which closed under the highs and above the open. Volume near recent peak Monday. Eventually this can be shorted since it is up so absurdly. I suspect like many such plays it can go further than anyone expects, though. Conditional entry. On a higher open, it might yield a rapid green to red on Tuesday and spike down for a short scalp. This might even be a gap and crap. A fade on confirmed weakness cues anytime or heavy dumping on volume from or near the bell. Ideal is a flat or barely green or red open, followed by a big move down on volume to short into. Avoid big gaps, especially downward ones. Do not short into initial strength or greening. Box and drop to wait for the distribution print, if desired and avoid top fish timing fades. Keep flat on positive price action, no scalps.
AEZS
Another new Supernovae, see my comments for the above stock for general tips. 2 day riser.
GENE
In play both ways. As a long on continuation of momentum above 3.25/holds. Or as a scalp up at or near the gun for a scalp buy. Or, as a short on a fall fail of 3/and holds. Or as a scalp sell on a pop down at or near the bell. Avoid all big gaps. Be careful maintaining a short on a reversal back over 3. The fade is more likely given the price action on Monday, but keep an open mind.
VSTM
B/O scan. I like it long back over 2.27 and holds. Ideal to stay over that on tests aside from early noise if it triggers. Stops also possible just under the close on Monday or the 1st 30 minute low of Tuesday. Avoid all shorts and all big gaps. The low on Monday is too far away to use for risk managing stops. Also a long on spiking up at or near the gun as a scalp. Low volume on the rise, a good sign for new buys. Exiting below 2.10 on fails after trigger entry is possibly advisable. Early r/g buy?
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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