I traded only 2 stocks and both of them are just for small scalp but profitable. Nice alert by @Luis on $MSHL for a quick 30cents/share gain. Please feel free to ask anything in chat or alert some if you see a good play. Since the market really got beaten down, I will focus more on short ideas but not going to force the trade if it doesn’t setup nicely.
Boston Private Financial Holding Inc. (BPFH)
Scalp short on this one at HOD and it kinda crack at the end so I will be looking to short this tomorrow. It has some good supports around $6.70 and $6.55. I will let it test $6.90 but I think we will have a great short tomorrow. PS. Easy to borrow.
Altair Nanotechnologies, Inc (ALTI)
Has been doing the same thing for 3 days in the row. Morning spike follows by sell off. So I will let it setup and short on strength.
Marshall Edwards Inc. (MSHL)
Running up on good news. Super low floater so be very careful playing this one. I’m looking for SAPX pattern but this one might has bigger spike in the morning but will crash sooner or later. Will be shorting this when I see clear trend reversal.
Novegen Limited (NVGN)
Just watching this one for now. Might get another run tomorrow, re-test $1.60 and form double top for good short. I might be long in the morning if the trade setup with good volume.
QuikLogic Corporation (QUIK)
Nice setup for a breakdown. Fading all day and finished near LOD. If it breaks $4.0 then we might see $3.80 and probably hit $3.60 before we see another bounce.
