DRWI
Supernovae, still maturing. Ended below the debut, see my previous comments. Potential fade on weakness.
WLL
B/O scan. I like it long back over 8.70 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 perhaps not too far away to use for risk managing stops. Also a long on spiking up at or near the gun as a scalp. Moderate volume on the rise, a tepid sign for new buys. Exiting below 8.50 on fails after trigger entry is possibly advisable. Early r/g buy?
EVHC
Bullish Engulfing. I like this long over 20.15/holds. Moderate volume on the rise, which is a middling 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 too far away to use for stops. Ideally stays above 19.50 on pull backs to remain viable as a long if it triggers. No big gaps or shorts.
TKAI
In play both ways. As a long on continuation of momentum above 8.18/holds. Or as a scalp up at or near the gun for a scalp buy. Or, as a short on a fall fail of 7.75/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 8. The fade is more likely given the price action on Wednesday, but keep an open mind.
MOS
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 25.50/holds. Avoid all big gaps, especially down ones. If it gaps over the trigger or 25.40 let it test/hold/perk 1st before entering. No shorts, keep flat on redness. Modest buy volume, which may mean overt buy interest is just developing, suggesting reversal upwards is not here yet.
VSLR
I like this long on a break out over 3.17/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. Big volume gap up debut sizable rise on Wednesday. Requires constant monitoring. Stops just under 3 is one risk managing approach, since a fail back under indicates failure on the buy.
AQMS
Red floater candle scan return. Idea is to play for more down side on day 2. Closed down a bit under 1% on Wednesday off a gap up open that ended below the debut. Stop just above the Wednesday session high (8.49) to cap losses on head fake fade entries. I'm only into the shorting possibility if it surfaces, keeping flat on strength. Also a short on heavy volume dumps/confirmed weakness cues. Decent sell volume on Wednesday means it may have suspect chances to work. An 8 fail may be ideal. Avoid big gaps/longs. Panic dump?
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Supernovae, still maturing. Ended below the debut, see my previous comments. Potential fade on weakness.
WLL
B/O scan. I like it long back over 8.70 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 perhaps not too far away to use for risk managing stops. Also a long on spiking up at or near the gun as a scalp. Moderate volume on the rise, a tepid sign for new buys. Exiting below 8.50 on fails after trigger entry is possibly advisable. Early r/g buy?
EVHC
Bullish Engulfing. I like this long over 20.15/holds. Moderate volume on the rise, which is a middling 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 too far away to use for stops. Ideally stays above 19.50 on pull backs to remain viable as a long if it triggers. No big gaps or shorts.
TKAI
In play both ways. As a long on continuation of momentum above 8.18/holds. Or as a scalp up at or near the gun for a scalp buy. Or, as a short on a fall fail of 7.75/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 8. The fade is more likely given the price action on Wednesday, but keep an open mind.
MOS
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 25.50/holds. Avoid all big gaps, especially down ones. If it gaps over the trigger or 25.40 let it test/hold/perk 1st before entering. No shorts, keep flat on redness. Modest buy volume, which may mean overt buy interest is just developing, suggesting reversal upwards is not here yet.
VSLR
I like this long on a break out over 3.17/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. Big volume gap up debut sizable rise on Wednesday. Requires constant monitoring. Stops just under 3 is one risk managing approach, since a fail back under indicates failure on the buy.
AQMS
Red floater candle scan return. Idea is to play for more down side on day 2. Closed down a bit under 1% on Wednesday off a gap up open that ended below the debut. Stop just above the Wednesday session high (8.49) to cap losses on head fake fade entries. I'm only into the shorting possibility if it surfaces, keeping flat on strength. Also a short on heavy volume dumps/confirmed weakness cues. Decent sell volume on Wednesday means it may have suspect chances to work. An 8 fail may be ideal. Avoid big gaps/longs. Panic dump?
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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