Didn’t trade anything today but sold COOL from a long idea from yesterday. Chat has been very productive, potential plays were calling out all day and a lot of us banked. Congrats to those who still holding on to COOL from $3.10 alert by Jason. Don’t forget that we have webinar tomorrow (Thursday) at 9:00pm. Please bring all the questions that you might have regarding trades, technical analysis, and etc. I will be asking a lot of questions too, so this will be a good time to learn and brainstorming ideas.
COOL
Congrats to those who took the trade from Tuesday, thank you Jason for such a great call. Closed at $3.39 and after hour traded it up to $3.43. I will be watching for gap up follow by profit taking. Then I’ll be looking to enter on gearing and perking of support or r/g. Support of $3.36 has been holding for 4 hours! To me, this new support is looking good and I think we might see $3.60 tomorrow.
ALAN
Really choppy right now but all I am looking to do with this stock is shorting on morning spike, which I have missed the entry for 3 days already.
CNIT
Steady uptrend all day. Was basing around $2.51 for a while and then 120k blocks showed up, so I think people are bought off of that. From daily chart $2.75 is the key resistance and if it breaks on strong volume then we are looking at $3.00. If $2.75 couldn’t break then I might start shorting it.
ESIC
I think cups and handles pattern are starting here. So tomorrow expect pull back and big red candle. I will be shorting this right out of the gate if open weak and keep really tight stop loss because daily chart still looks bullish but this has been over bought for quite a while now.
ESYL
Promo speculate from Nate’s scan. I will be a buyer if volume start surging again tomorrow. Keep on watch!
IBCP
Impressive 30% gain today with no news. I am looking for 2 things tomorrow. Big gap and crap for good short or open weak then gearing/perking r/g and pop. Hopefully is a second one because this thing has potential of multiday run-up.
BORN
Look out for this one! Former runner and mentioned in IL chat today. Closed at $6.95 and now at $7.00 after hour. I don’t think this is a chase right here because it just passed MA(50) + former runner. I think we will see $9s before this thing drop right back to where it belongs again.
PMI
Great alert in chat this morning. Congrats to those who took the trade. I think this is a start of an upside. First day perking off of support on good news with 23mil vol. Key is to hold $1.45 here at open but most likely will gap to $1.50 and short could get squeeze again like this morning.
SYMX
Only thing I am looking for this is not to break $2.6 then short bias. Parabolic action on both daily chart and RSI, so I don’t think it can holds this level tomorrow.
NYXOD
This one is a Prepromotion’s and Nate’s speculation of some pumpage after the D comes off in about couple weeks. So keep watching this and look for big block trades for entry.
