Scans for 08/06/09 from InvestorsLive

by | Aug 5, 2009

Chat room yet again on fire. Great alerts by everyone in chat – I won’t name everyone b/c I do it all day in chat and give props to everyone’s great calls.  Everyone seems to be getting it… if you see BUDF0X hanging around congratulate him.. he’s doubled up his account since joining chat!

ABR this may be a great swing from these levels, needs to hold $2 and very well may be a trend reversal here

AXL going to start to monitor for the short side.. can’t believe we nailed this one off dead bottom at $1.39 and it’s already $4 bucks, but hey… just if I had a bit more patience. Watch for the re-test/fail of $4 tomorrow and a fade off it. This has a TON of volume and very well may have more juice through it … so just because its up a lot does not mean times time to short.. keep that in mind!

BKUNQ on watch for an intraday trade if it holds green… these have been unreal lately  (FRNTQ which we nailed .0635-.08s – again patienceeeeeee) very well may test the .25 level if it has follow through juice

CATM watch for green hold and more push through $7, if not… watch for a dip re-test of $6.50 and I’m looking to play long for the red to green test and surge through $7

EMMS potential swing trade here consolidation at .30s, closed at .35 today – watch for volume to kick in and more upside

CENX I need to start going long after I cover on this one… great short in the chat room this morning .. few others joined but double bottom held and made for a nice cover.. BUT for the 20th consecutive day… it recouped all losses and powered forward.. this has been literally the best trade for me day in and day out in the mornings to get a nice padding for the rest of the day

OWW shorted today.. made about a bit… on radar for short tomorrow – I’m hoping one more gap up and fail at $5 and some profit takers to come in. Today’s volume still nice so may have some more upside towards $5 – more on this in chat

PLNR watch for $1.75 to hold – potential swing – if green holds looking to buy and add on $2 break with volume

RDN looking for a gap through $7, let this one run don’t be pre mature with teh short.. no reason for it to correct right away. If we get any large spikes I may take a short into it… if not watch for volume to slow and fades to kick in green/red later in the day

ETM another short watch, $4.50 gap and fail I may take the short back under $4 – relatively low volume though could squeeze more – a watch for now, more on this in chat

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *