On watch for 01/20/16

by | Jan 20, 2016

Giving the fact that futures took a slap yesterday AH today mostly will watch for any failed follow thru momo to short,just in case market will washout out of the gate I will watch for potential bounce plays but I think this is not the bottom of this sell off yet.

P.S Lately I’m trying to provide more quality trades and I avoid posting scalps .So I’m trying to provide 1-2 solid ideas/day usually in the mid morning.So I’m not posting as much as I used to but going more for quality rather quantity.

NXTD – nice prints AH almost $1.5 looking for a squeeze towards $1.75 – $2 long story short higher the better to s/s.

AEZS – was a great trader yest but minimized the gain covering too early,looking for pops towards 3.30 or more to s/s,if doesn’t do that I will cut it off the radar not going to watch if vol will be low.

WYNN VRX  – watching failed follow thru momo to s/s

MBLY – back on radar,maybe will stay here few more days but think this one can go lower than that.

OAS MRO NBR – on radar for a bounce when oil decide to bounce,not marry type of trades 🙂

 

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