IZEA
Doji print. Watch again see previous comments. Possible fade again, recent Supernovae.
ARDM
Again watch. Maturing Supernovae. See my comments from last time.
HMNY
Again see my previous comments. Maturing Supernovae. Possible fade.
CAPR
This just keeps climbing. Possible fade on weakness. See my previous comments. Watch again.
ECYT
New Supernovae scan return. A 2 day move up which closed below the highs and above the open. Volume huge Monday. 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 Tuesday 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.
ATEC
In play both ways. As a long on continuation of momentum above 3.37/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 3.22. The fade is more likely given the price action on Monday, but keep an open mind.
JP
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 15.03) and holds. Avoid shorts, keep flat on true weakness. Nice move above 14. Needs to keep above the Monday close, or at least above 14 on pull backs to remain viable as a long, aside from any early noise. Early sustained prices over 15.02 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:
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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
Doji print. Watch again see previous comments. Possible fade again, recent Supernovae.
ARDM
Again watch. Maturing Supernovae. See my comments from last time.
HMNY
Again see my previous comments. Maturing Supernovae. Possible fade.
CAPR
This just keeps climbing. Possible fade on weakness. See my previous comments. Watch again.
ECYT
New Supernovae scan return. A 2 day move up which closed below the highs and above the open. Volume huge Monday. 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 Tuesday 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.
ATEC
In play both ways. As a long on continuation of momentum above 3.37/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 3.22. The fade is more likely given the price action on Monday, but keep an open mind.
JP
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 15.03) and holds. Avoid shorts, keep flat on true weakness. Nice move above 14. Needs to keep above the Monday close, or at least above 14 on pull backs to remain viable as a long, aside from any early noise. Early sustained prices over 15.02 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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