Thursday, February 04, 2016

Watchers for the 2-5-16 trading session

AMDA

Watch again for another fade chance. Recent initial red session Supernovae that rose over 4% today.


SDPI

Watch again for fade on weakness. Recent initial red session Supernovae. Rose almost 6.5% today.


GOL

Another rise day. See my previous comments for another possible fade option.


ADTM

Once again look to fade and see my previous comments.


AOSL

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 11.38) and holds. Avoid shorts, keep flat on true weakness. Nice move above 11. Needs to keep above the Thursday close, or at least above 10.50 on pull backs to remain viable as a long, aside from any early noise. Early sustained prices over 11.26 are ideal for aggressive entry.



CJES

I like this long on a break out over 2.90/holds. Or on a spike up at or near the gun as a scalp buy. Keep flat on after the noise candle bearish price action or on morning panic dumps. Watch for a early pseudo weakness with a a red to green move to purchase into. Avoid all big gaps and shorts. Possible short squeeze over the trigger. Medium volume gap down debut sizable rise on Thursday. Requires constant monitoring. Stops just under 2.75 is one risk managing approach, since a fail back under indicates failure on the buy.



MS

Bullish Engulfing. I like this long over 25.19/holds. Moderate 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 Friday. More conservatively a stop placed under Thursday's close, too. The low on that day is arguably too far away to use for stops. Ideally stays above 24.50 on pull backs to remain viable as a long if it triggers. No big gaps or shorts.



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