CPXX
Recent initial red session Supernovae. Watch again. Fell hard today. Gravy fade on weakness.
CBDS
Again watch this recent red session Supernovae. Rose over 55.5% and might have more on weakness. Up a lot.
ADMP
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 6.25) and holds. Avoid shorts, keep flat on true weakness. Nice move above 6.25. Needs to keep above the Thursday close, or at least above 6.50 on pull backs to remain viable as a long, aside from any early noise. Early sustained prices over 6.63 are ideal for aggressive entry.
COG
Bullish Engulfing. I like this long over 22.14/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 Friday. More conservatively a stop placed under Thursday's close, too. The low on that day is too far away to use for stops. Ideally stays above 21.50 on pull backs to remain viable as a long if it triggers. No big gaps or shorts.
ICLD
B/O scan. I like it long back over 0.92 and holds. Ideal to stay over that on tests aside from early noise if it triggers. Stops also possible just under the close on Thursday or the 1st 30 minute low of Friday. Avoid all shorts and all big gaps. The low on Thursday 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 0.80 on fails after trigger entry is possibly advisable. Early r/g buy?
JCP
Hammer scan long. The tail is not too long to use the low as a stop level unless the position is very large. Use the previous session open alternatively instead. Trigger is above the high of last time, here above 10.93/holds. Avoid all big gaps, especially down ones. If it gaps over the trigger or 10.91 let it test/hold/perk 1st before entering. No shorts, keep flat on redness. Low buy volume, which may mean overt buy interest is just developing, suggesting reversal upwards is not clear yet.
VCEL
I like this long on a break out over 6.14/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. Low volume gap down debut sizable rise on Thursday. Requires constant monitoring. Stops just under 5.75 is one risk managing approach, since a fail back under indicates failure on the buy.
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Recent initial red session Supernovae. Watch again. Fell hard today. Gravy fade on weakness.
CBDS
Again watch this recent red session Supernovae. Rose over 55.5% and might have more on weakness. Up a lot.
ADMP
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 6.25) and holds. Avoid shorts, keep flat on true weakness. Nice move above 6.25. Needs to keep above the Thursday close, or at least above 6.50 on pull backs to remain viable as a long, aside from any early noise. Early sustained prices over 6.63 are ideal for aggressive entry.
COG
Bullish Engulfing. I like this long over 22.14/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 Friday. More conservatively a stop placed under Thursday's close, too. The low on that day is too far away to use for stops. Ideally stays above 21.50 on pull backs to remain viable as a long if it triggers. No big gaps or shorts.
ICLD
B/O scan. I like it long back over 0.92 and holds. Ideal to stay over that on tests aside from early noise if it triggers. Stops also possible just under the close on Thursday or the 1st 30 minute low of Friday. Avoid all shorts and all big gaps. The low on Thursday 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 0.80 on fails after trigger entry is possibly advisable. Early r/g buy?
JCP
Hammer scan long. The tail is not too long to use the low as a stop level unless the position is very large. Use the previous session open alternatively instead. Trigger is above the high of last time, here above 10.93/holds. Avoid all big gaps, especially down ones. If it gaps over the trigger or 10.91 let it test/hold/perk 1st before entering. No shorts, keep flat on redness. Low buy volume, which may mean overt buy interest is just developing, suggesting reversal upwards is not clear yet.
VCEL
I like this long on a break out over 6.14/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. Low volume gap down debut sizable rise on Thursday. Requires constant monitoring. Stops just under 5.75 is one risk managing approach, since a fail back under indicates failure on the 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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