Wednesday, December 30, 2015

Watchers for the 12-31-15 trading session

RWLK

Still up plenty. See my previous comments. Possible short. Recent Supernovae.



RLOC

Still up a lot. Watch again for a possible fade, see my previous comments. Recent Supernovae.



VPCO

Supernovae, still maturing. See my previous comments. Potential fade. Ended up over 9% on strong but not peak volume.



VUZI

New 52's. Short term, these yearly high stocks often 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 8.56) and holds. Avoid shorts, keep flat on true weakness. Nice move above 7.50. Needs to keep above the Wednesday close, or at least above 8 on pull backs to remain viable as a long, aside from any early noise. Early sustained prices over 8.51 are ideal for aggressive entry.



CDZI

In play both ways. As a long on continuation of momentum above 5.50/holds. Or as a scalp up at or near the gun for a scalp buy. Or, as a short on a fall fail of 5/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 5.15. The fade is more likely given the price action on Wednesday, but keep an open mind.


VICL

B/O scan. I like it long back over 0.42 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. Big volume on the rise, a poor sign for new buys. Exiting below 0.40 on fails after trigger entry is possibly advisable. Early r/g buy?



GNL

Bullish Engulfing. I like this long over 7.98/holds. Low volume on the rise, which is a good 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 7.87 on pull backs to remain viable as a long if it triggers. No big gaps or shorts.



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