B/O scan. I like it long on a continuation play over the close of today or better yet the high. Stops just under the close today or the 1st 30 minute low of tomorrow. Avoid all big gaps. The low of today is too far away to use for risk managing stops. Also a long on spiking up at or near the gun as a scalp. Heavy volume on the rise today, a poor sign for new buys. Keep flat on real weakness aside from the usual r/g. Up over 2% A/H. 2 test coming, probably early. If it holds over and perks up off it, it could keep going. No shorts.
TXIC
Rapidly nearing possible short term over extension. I only like this as a short on a 2 test and fail. Possible fade on a gap and crap or morning panic like dumps out of or near the gate, too. No longs. If it takes and holds 2, get out fast. Lower volume on the rise makes this more risky to top fish, but it's shaping up as a candidate.
CLSN
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 (4.14) and holds. No A/H quote change. Avoid shorts, keep flat on true weakness. Needs to keep above the Thursday close or at least over 3.90 at worst on pull backs to remain viable as a long, aside from any early noise. Nice chart/move on medium volume to B/O of price correction and consolidation area.
AENY
An old friend that is almost Bullish Engulfing, but not quite technically speaking. When it has a day like this another often follows. I like it long over the close of today, or better yet, the high. A stop placed just under the close of today or the initial 30 minute low of Friday. The low today cannot be used as it's too far away. Avoid all big gaps, shorts, and scalp at your own risk if going long on a spike quickie.
TSYS
I like this long above 5.32 if it can hold. Price correction on chart that it's trying to challenge. No shorts, avoid all big gaps. If it gaps just over wait for a test of that price level to hold and perk up off of before going long. Stops just under the close of today or the initial 30 minute low of Friday, or under the low of today. Not really big volume on the rise, which is a plus for new longs. Do not enter without the trigger, keep flat otherwise.
DXCM
Another price correction hopeful, with a less inexpensive share price. Long above 15.65 or 15.79 which was the high of the peak on the recent drop off. Stops just under the close of today of the low. Or use the 1st 30 minute bottom tomorrow for risk managing. Avoid any big gaps and shorts. Only buy triggers. If it gaps over these modestly, wait for a test to see if support holds there, before buying.
PVSW
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 (7.94) and holds. Up over 6.5% A/H. Avoid shorts, keep flat on true weakness. Needs to keep above the Thursday close or at least over 7 at worst on pull backs to remain viable as a long, aside from any early noise. Nice move on heavy volume to B/O of consolidation area on a Bullish daily chart.
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