AMMJ
Watch again and see my previous comments. Still up a lot possible fade on weakness. Rose again Thursday, surpassing recent highs.
HADV
Also again overtaking recent highs and a possible fade on weakness.
CNAB
Once more, still up a lot and rose again today. Possible gravy short.
VNRBP
Supernovae, still maturing. Possible fade on weakness. See my previous comments. Volume decline which might be a promising sign.
AXTA
Bullish Engulfing. I like this long over 26.43/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 not too far away to use for stops. Ideally stays above 26 on pull backs to remain viable as a long if it triggers. No big gaps or shorts.
WIT
B/O scan. I like it long back over 9.93 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 not too far away to use for risk managing stops. Also a long on spiking up at or near the gun as a scalp. Large volume on the rise, a weak sign for new buys. Exiting below 9.75 on fails after trigger entry is possibly advisable. Early r/g buy?
ECT
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 2.59) and holds. Avoid shorts, keep flat on true weakness. Nice move above 2.40. Needs to keep above the Thursday close, or at least above 2.40 on pull backs to remain viable as a long, aside from any early noise. Early sustained prices over 2.59 are ideal for aggressive entry.
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Watch again and see my previous comments. Still up a lot possible fade on weakness. Rose again Thursday, surpassing recent highs.
HADV
Also again overtaking recent highs and a possible fade on weakness.
CNAB
Once more, still up a lot and rose again today. Possible gravy short.
VNRBP
Supernovae, still maturing. Possible fade on weakness. See my previous comments. Volume decline which might be a promising sign.
AXTA
Bullish Engulfing. I like this long over 26.43/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 not too far away to use for stops. Ideally stays above 26 on pull backs to remain viable as a long if it triggers. No big gaps or shorts.
WIT
B/O scan. I like it long back over 9.93 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 not too far away to use for risk managing stops. Also a long on spiking up at or near the gun as a scalp. Large volume on the rise, a weak sign for new buys. Exiting below 9.75 on fails after trigger entry is possibly advisable. Early r/g buy?
ECT
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 2.59) and holds. Avoid shorts, keep flat on true weakness. Nice move above 2.40. Needs to keep above the Thursday close, or at least above 2.40 on pull backs to remain viable as a long, aside from any early noise. Early sustained prices over 2.59 are ideal for aggressive entry.
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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