AMDA
Supernovae, still maturing. See my previous comments, possible fade.
SDPI
Supernovae, still maturing. See my previous comments for a possible short.
GOL
First red day Supernovae. Finished red over 17% last time, so more down side might not be in the cards. If it had fallen much Less than 10% then more could be expected as plausible. Always watch day 2 of a busted one. The plan is to play for more reddening on day 2. Conditional entry. A flat, nominally green or red open that immediately sells off on heavy volume or sports traditional confirmed weakness cues is a fade entry. Keep flat on high volume greening or strength, especially early. This is fairly likely given the sizable red result of Tuesday. Avoid entries as a short on big gaps up or down, but down is probably worse. Keep flat on consistently strong price action, like trading above the opening price level after the noise candle. Avoid spike up long scalps, too. Selling volume was large, range moderate. Suspicious short signals at best on those counts, but watch it.
EYEG
Another initial red session Supernovae. See my comments for the above stock, similar for this one.
ADTM
Another initial red session Supernovae. See my comments for GOL above, similar for this one.
NMBL
B/O scan. I like it long back over 7.08 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. Modest volume on the rise, a fair sign for new buys. Exiting below 6.75 on fails after trigger entry is possibly advisable. Early r/g buy?
MOC
Bullish Engulfing. I like this long over 2.50/holds. Modest volume on the rise, which is a acceptable 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 2.40 on pull backs to remain viable as a long if it triggers. No big gaps or shorts.
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Supernovae, still maturing. See my previous comments, possible fade.
SDPI
Supernovae, still maturing. See my previous comments for a possible short.
GOL
First red day Supernovae. Finished red over 17% last time, so more down side might not be in the cards. If it had fallen much Less than 10% then more could be expected as plausible. Always watch day 2 of a busted one. The plan is to play for more reddening on day 2. Conditional entry. A flat, nominally green or red open that immediately sells off on heavy volume or sports traditional confirmed weakness cues is a fade entry. Keep flat on high volume greening or strength, especially early. This is fairly likely given the sizable red result of Tuesday. Avoid entries as a short on big gaps up or down, but down is probably worse. Keep flat on consistently strong price action, like trading above the opening price level after the noise candle. Avoid spike up long scalps, too. Selling volume was large, range moderate. Suspicious short signals at best on those counts, but watch it.
EYEG
Another initial red session Supernovae. See my comments for the above stock, similar for this one.
ADTM
Another initial red session Supernovae. See my comments for GOL above, similar for this one.
NMBL
B/O scan. I like it long back over 7.08 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. Modest volume on the rise, a fair sign for new buys. Exiting below 6.75 on fails after trigger entry is possibly advisable. Early r/g buy?
MOC
Bullish Engulfing. I like this long over 2.50/holds. Modest volume on the rise, which is a acceptable 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 2.40 on pull backs to remain viable as a long if it triggers. No big gaps or shorts.
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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