Bullish Engulfing. I like this long over the close of Friday which was also the high. Low volume on the rise, which is a nice sign for new 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 Monday. More conservatively a stop placed under Friday's close, too. The low on that day is probably too far away to use for risk management via stops. This is only a long, with triggers. Seems to be regaining upward momentum.
HWAY
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 (17.55) and holds. No A/H quote. Avoid shorts, keep flat on true weakness. Needs to keep above the Friday close or at least over 17.00 at worst on pull backs to remain viable as a long, aside from any early noise. Clean B/O of recent price correction on moderate volume, a good sign. A bit pricey per share.
CEU
B/O scan. I like it long on a continuation play over the close of Friday or better yet its high. Stops just under the close on Friday or the 1st 30 minute low of tomorrow. Avoid all big gaps. The low of Friday is too far away to use for risk managing stops. Also a long on spiking up at or near the gun as a scalp. Big volume on the rise Friday, a poor sign for new buys. Keep flat on real weakness aside from the usual r/g. No A/H quote. 1 test coming if it pulls back. If it holds over and perks up off it, it could keep going. In play both ways, as if it fall fails back under a buck after the 1st 5 minutes, it can be faded. Close feedback point plays are optimum.
SIFY
Here's another close feedback point type of play, with old resistance (now support) at 6. Low volume on the B/O which is a good sign. No A/H quote. Avoid all big gaps. 6 test coming possibly, so it's in play both ways. If it fall fails back under, it can be shorted if this occurs after the noise candle. Possible early red to green long. If it holds our level on a tests, perking up, it's a long. Also long on spiking up at or near the open. Above 6.22 is a buy as well. Since a price like 6 is a natural psychological selling or buying price if it holds, a play with an even dollar level close by is something you try to scan for.
MDW
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 (2.72) and holds. Up a tad A/H. Avoid shorts, keep flat on true weakness. Needs to keep above the Friday close or at least over 2.40 at worst on pull backs to remain viable as a long, aside from any early noise. Great Bullish yearly chart and gold has been interesting lately.
SCEI
Another close feedback point type of play at 2 bucks. Short on a fall fail back under that level after 5 minutes of trading, or long on a test that holds and perks up off of there. Also long on spiking up at or near the gun. Avoid all big gaps. Also long above 2.26 with a stop below Friday's close or the initial 30 minute low Monday. Or use the low on Friday for stops though it's a bit far away. Always scan for close feedback.
MVIS
See above. Here, the feedback point is 1.25 where some recent past resistance is found. Short on a fall fail back under our level after the noise candle. Long on a test that holds and perks up off of there. Long also on spiking up from or near the bell as a scalp. Long over 1.31 as well. Stops under Friday's close or the initial 30 minute low of Monday. The low from last time is probably too far way to use. Avoid all big gaps.
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