Tuesday, December 19, 2017

Watchers for the 12-20-17 trading session

WAC

Watch again. Small down day. Still up tons. See previous comments. Recent initial red day Supernovae. Possible fade on weakness.


CCAN

Again watch, some upside and see my previous comments. Potential fade on weakness. Recent Supernovae.


ATTBF

This fell over 11% but still is up a lot. Watch once more for a possible fade, but it's iffy at this point.


UMFG

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


EPAZ

A doji print. Still up tons. Watch once more for a possible fade on weakness.


SIEB

First red day Supernovae. Finished red almost 13% last time, so more down side might not be in the cards. If it had fallen much less than 10% then more could be expected as plausible. Always watch day 2 of a busted one. The plan is to play for more reddening on day 2. Conditional entry. A flat, nominally green or red open that immediately sells off on heavy volume or sports traditional confirmed weakness cues is a fade entry. Keep flat on high volume greening or strength, especially early. This is very likely given the huge red result of Tuesday. Avoid entries as a short on big gaps up or down, but down is probably worse. Keep flat on consistently strong price action, like trading above the opening price level after the noise candle. Avoid spike up long scalps, too. Sell volume was moderate, range wider. Slightly plausible to modest signals at best but watch it.


UAHC

Another initial red session Supernovae. See my comments for SIEB above for rough approaches.


DSS

Another initial red session Supernovae. See my comments for SIEB above for rough approaches.


LRSV

Supernovae, still maturing. See my previous comments for details. Up over 88.5% today.


DIGAF

Supernovae, still maturing. See my previous comments for details. Up over 8.5% today.


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