Happy Chinese New Year everyone. Hope you guys enjoy the weekend like I do. $SPY still keeps running and looks like going to channel between 135-130 for a while before breaking that 135-point. There are a lot of plays and setups right now but be patient, wait for the trade to setup and get in when it confirmed with price action and $volume, don’t rush into a trade or get in just because…. If u still on the side line and ready to make $$money$$ come and join our chat here Below is watch list for Monday:
Tri-Tech Holding Inc. (TRIT)- Area of interest $7.50 might break and squeeze with volume to $8 tomorrow but I’m thinking consolidate above $7.50 for a swing long, day-trade is not my thing if I don’t have to.
Rediff.com India ltd. (REDF)- Don’t underestimate this former squeezer. Setup looks like $AAMRQ that I nailed 10% move on Friday. Watch for weak open and if holding just below red/green, watch for volume coming in and walla!
AMR Corp.(AAMRQ)- Made snack money off of this one Friday. Looks like it has more juice in it. I think it’s ready for another squeezer towards $1.
Sino-Global Shipping America.Ltd (SINO)- Watch for gap and volume. Without gap up, this thing aint no good.
