AXIM
Rose a lot again today after an initial red session, so watch again for a possible fade.
GRVY
Supernovae, still maturing. See my previous comments for details. Potential short on weakness.
CNBX
Another rapidly maturing Supernovae, see my previous comments for details. Possible short.
DIGAF
Supernovae, still maturing. See my previous comments, still in effect for a possible short on weakness.
SKLN
Another Supernovae which fell two days running then bolted up again today. Possible fade on weakness.
AMMJ
New Supernovae scan return. A 5+ day move up which closed under the highs and above the open. Volume large Wednesday. Eventually this can be shorted since it is up so absurdly. I suspect like many such plays it can go further than anyone expects, though. Conditional entry. On a higher open, it might yield a rapid green to red on Thursday and spike down for a short scalp. This might even be a gap and crap. A fade on confirmed weakness cues anytime or heavy dumping on volume from or near the bell. Ideal is a flat or barely green or red open, followed by a big move down on volume to short into. Avoid big gaps, especially downward ones. Do not short into initial strength or greening. Box and drop to wait for the distribution print, if desired and avoid top fish timing fades. Keep flat on positive price action, no scalps.
CBMX
In play both ways. As a long on continuation of momentum above 2.85/holds. Or as a scalp up at or near the gun for a scalp buy. Or, as a short on a fall fail of 1.75/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 2.85. The fade is more likely given the price action on Wednesday, but keep an open mind.
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:
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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
Rose a lot again today after an initial red session, so watch again for a possible fade.
GRVY
Supernovae, still maturing. See my previous comments for details. Potential short on weakness.
CNBX
Another rapidly maturing Supernovae, see my previous comments for details. Possible short.
DIGAF
Supernovae, still maturing. See my previous comments, still in effect for a possible short on weakness.
SKLN
Another Supernovae which fell two days running then bolted up again today. Possible fade on weakness.
AMMJ
New Supernovae scan return. A 5+ day move up which closed under the highs and above the open. Volume large Wednesday. Eventually this can be shorted since it is up so absurdly. I suspect like many such plays it can go further than anyone expects, though. Conditional entry. On a higher open, it might yield a rapid green to red on Thursday and spike down for a short scalp. This might even be a gap and crap. A fade on confirmed weakness cues anytime or heavy dumping on volume from or near the bell. Ideal is a flat or barely green or red open, followed by a big move down on volume to short into. Avoid big gaps, especially downward ones. Do not short into initial strength or greening. Box and drop to wait for the distribution print, if desired and avoid top fish timing fades. Keep flat on positive price action, no scalps.
CBMX
In play both ways. As a long on continuation of momentum above 2.85/holds. Or as a scalp up at or near the gun for a scalp buy. Or, as a short on a fall fail of 1.75/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 2.85. The fade is more likely given the price action on Wednesday, but keep an open mind.
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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