PRZM
Still up a ton. Watch again for a possible fade on weakness. Recent popped Supernovae.
AUPH
Supernovae, still maturing. See my previous comments. Possible short.
OCRX
New Supernovae scan return. A 2 day move up which closed below the highs and above the open. Volume big Thursday. 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 Friday 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.
BBGP
Another new Supernovae, see my comments for the above stock for rough details.
TGTX
Also making another new Supernovae scan, this gap up situation from a few days back may have some downside potential on weakness. See my comments for OCRX for rough guidelines.
CRIS
In play both ways. As a long on continuation of momentum above 3.09/holds. Or as a scalp up at or near the gun for a scalp buy. Or, as a short on a fall fail of 3/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 3.09. The fade is more likely given the price action on Thursday, but keep an open mind.
CLSN
B/O scan. I like it long back over 0.33 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. Decent volume on the rise, a substandard sign for new buys. Exiting below 0.30 on fails after trigger entry is possibly advisable. Early r/g buy?
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Still up a ton. Watch again for a possible fade on weakness. Recent popped Supernovae.
AUPH
Supernovae, still maturing. See my previous comments. Possible short.
OCRX
New Supernovae scan return. A 2 day move up which closed below the highs and above the open. Volume big Thursday. 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 Friday 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.
BBGP
Another new Supernovae, see my comments for the above stock for rough details.
TGTX
Also making another new Supernovae scan, this gap up situation from a few days back may have some downside potential on weakness. See my comments for OCRX for rough guidelines.
CRIS
In play both ways. As a long on continuation of momentum above 3.09/holds. Or as a scalp up at or near the gun for a scalp buy. Or, as a short on a fall fail of 3/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 3.09. The fade is more likely given the price action on Thursday, but keep an open mind.
CLSN
B/O scan. I like it long back over 0.33 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. Decent volume on the rise, a substandard sign for new buys. Exiting below 0.30 on fails after trigger entry is possibly advisable. Early r/g 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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