FRPT
Bullish Engulfing. I like this long over the close of Thursday or better yet the high. Very low volume on the nominal rise, which is not a bad sign for buyers. Keep flat on real weakness aside from a typical red to green move, etc. No A/H quote. Stops just under the low last time or the initial 30 minute one on Friday. More conservatively a stop placed under today's close, too. The low is really close and the previous one the daily is too, which helps with stops and risk management. Fairly consistent selling until today, indicating reversal. No shorts, if 4.42 is taken out and prices move under consistently I am flat on that. That is just the stop basement.
COPY
My biggest fear is this is just consolidating now, which would be a bummer, but in theory its almost unchanged close today means it remains in play shorts if the proper signals surface. See my comments for the past several days for entry/exit/ play management tips. No longs, fade with confirmed weakness cues only.
SEED
Bullish Engulfing. I like this long over the close of Thursday or better yet the high. 5 test and hold would provide more confirmation. Medium volume on the rise, which is not a bad sign for buyers. Keep flat on real weakness aside from a typical red to green move, etc. No A/H quote. Stops just under the low last time or the initial 30 minute one on Friday. More conservatively a stop placed under today's close, too. Since the low of today is a bit far away, I'd suggest the conservative stance or the 1st half hour one of tomorrow. It could fail at 5 but I am flat on that on a test. It's the critical test for longs, I hope it comes early. Lots of selling until today, indicating reversal.
TWDL
Cheapie drilling firm with big PR over a 1985 study indicating their reserves are worth 58 Billion. Of course, this is a Pinkie and more often than not they are Stinkies. Soared 100% in closing off of the highs. I am not a believer, at least yet. I suspect this can be faded on heavy volume dumps at any time tomorrow, or on confirmed weakness cues. I am flat on more greening signs. A gap up and crap to fade might be in the cards, alternatively. Something like this usually gets a big reversal or an SEC investigation. Too bad it's under 0.10!
ANMCF
Bullish Engulfing. I like this long over the close of Thursday or better yet the high. 0.50 test and hold would provide more confirmation. Medium strong volume on the rise, which is not a bad sign for buyers. Keep flat on real weakness aside from a typical red to green move, etc. No A/H quote. Stops just under the low last time or the initial 30 minute one on Friday. More conservatively a stop placed under today's close, too. Since the low of today is a bit far away, I'd suggest the conservative stance or the 1st half hour one of tomorrow. It could fail at 0.50 but I am flat on that on a test. It's the critical test for longs, I hope it comes early. Tons of selling until today, indicating reversal. The daily chart yearly looks like a complete bell shaped curve!
COOL
New 52's. Short term, these yearly high stocks usually 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 (4.20) and holds. No A/H quote. Avoid shorts, keep flat on true weakness. Nice V-shaped cup correction to make a new annual top price, with medium strong volume which is a decent sign for new longs. Needs to keep above 4 to remain viable as a long, aside from any early noise.
ESIC
Another new yearly high stock, with analysis for entry/exit/play management similar to the above equity. See those comments for comparison. An earnings play that took everyone by surprise without a run up into it. More greening gravy might follow on Friday. One difference is the volume was huge, not ideal for new buys.
Off table, I'm keeping an eye on JVA which made more annual highs today on huge volume. A possible sell off awaits early to fade on exhaustion, but probably only on a dump as a scalp out of the box. Down A/H a bit it could as easily yield an early red to green move and more gravy for late arrival longs, with cautious eyes.
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
Bullish Engulfing. I like this long over the close of Thursday or better yet the high. Very low volume on the nominal rise, which is not a bad sign for buyers. Keep flat on real weakness aside from a typical red to green move, etc. No A/H quote. Stops just under the low last time or the initial 30 minute one on Friday. More conservatively a stop placed under today's close, too. The low is really close and the previous one the daily is too, which helps with stops and risk management. Fairly consistent selling until today, indicating reversal. No shorts, if 4.42 is taken out and prices move under consistently I am flat on that. That is just the stop basement.
COPY
My biggest fear is this is just consolidating now, which would be a bummer, but in theory its almost unchanged close today means it remains in play shorts if the proper signals surface. See my comments for the past several days for entry/exit/ play management tips. No longs, fade with confirmed weakness cues only.
SEED
Bullish Engulfing. I like this long over the close of Thursday or better yet the high. 5 test and hold would provide more confirmation. Medium volume on the rise, which is not a bad sign for buyers. Keep flat on real weakness aside from a typical red to green move, etc. No A/H quote. Stops just under the low last time or the initial 30 minute one on Friday. More conservatively a stop placed under today's close, too. Since the low of today is a bit far away, I'd suggest the conservative stance or the 1st half hour one of tomorrow. It could fail at 5 but I am flat on that on a test. It's the critical test for longs, I hope it comes early. Lots of selling until today, indicating reversal.
TWDL
Cheapie drilling firm with big PR over a 1985 study indicating their reserves are worth 58 Billion. Of course, this is a Pinkie and more often than not they are Stinkies. Soared 100% in closing off of the highs. I am not a believer, at least yet. I suspect this can be faded on heavy volume dumps at any time tomorrow, or on confirmed weakness cues. I am flat on more greening signs. A gap up and crap to fade might be in the cards, alternatively. Something like this usually gets a big reversal or an SEC investigation. Too bad it's under 0.10!
ANMCF
Bullish Engulfing. I like this long over the close of Thursday or better yet the high. 0.50 test and hold would provide more confirmation. Medium strong volume on the rise, which is not a bad sign for buyers. Keep flat on real weakness aside from a typical red to green move, etc. No A/H quote. Stops just under the low last time or the initial 30 minute one on Friday. More conservatively a stop placed under today's close, too. Since the low of today is a bit far away, I'd suggest the conservative stance or the 1st half hour one of tomorrow. It could fail at 0.50 but I am flat on that on a test. It's the critical test for longs, I hope it comes early. Tons of selling until today, indicating reversal. The daily chart yearly looks like a complete bell shaped curve!
COOL
New 52's. Short term, these yearly high stocks usually 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 (4.20) and holds. No A/H quote. Avoid shorts, keep flat on true weakness. Nice V-shaped cup correction to make a new annual top price, with medium strong volume which is a decent sign for new longs. Needs to keep above 4 to remain viable as a long, aside from any early noise.
ESIC
Another new yearly high stock, with analysis for entry/exit/play management similar to the above equity. See those comments for comparison. An earnings play that took everyone by surprise without a run up into it. More greening gravy might follow on Friday. One difference is the volume was huge, not ideal for new buys.
Off table, I'm keeping an eye on JVA which made more annual highs today on huge volume. A possible sell off awaits early to fade on exhaustion, but probably only on a dump as a scalp out of the box. Down A/H a bit it could as easily yield an early red to green move and more gravy for late arrival longs, with cautious eyes.
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:
Post a Comment