Thursday, September 28, 2017

Watchers for the 9-29-17 trading session

IZEA

Supernovae. Small upside. Watch again see my previous comments.



ARDM

Supernovae, still maturing. See my previous comments. Possible short.


HMNY

Supernovae. Small upside. Watch again see my previous comments.


CAPR

Slight rise. Possible fade. Watch once more, still up a lot. Don't be stubborn, this could bounce.


AMMA

New Supernovae scan return. A 3 day move up which closed below the highs and above the open. Volume huge 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 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.


OMNT

Another new Supernovae. See my comments above for general approaches. Potential short.


CATB

In play both ways. As a long on continuation of momentum above 2.25/holds. Or as a scalp up at or near the gun for a scalp buy. Or, as a short on a fall fail of 2.10/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 2.23. The fade is more likely given the price action on Thursday, 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

No comments: