Watch List for 01/17/18 from Alex

 

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RCON: Basically avoided this thing all day. Big volume early on was the tell that this was going to be trouble so instead of stalking it I let it do its thing. Unfortunately for me It gave up rather easy. I’m very interested in shorting pops tomorrow risking $4.50s .. Hopefully a gap up in the morning (fingers crossed)

IZEA: Pretty annoyed with this one. Looked like a daily chart breakout was going to happen so I avoided it… turned out to be a SELL THE NEWS setup. Sucks, but rather safe than sorry. Looking for any morning gap up and risk on $6.50s for the short. I won’t chase weakness on this one.

GALT: First sign on weakness today. I would use todays highs as the guide for the short in the morning. ENTIRE move was nothing more than a squeeze. Should be back to reality soon. Ideally a morning jam on $6.00..fail..then will look to lean short on pops.

SPI: Bagholder central here… all longs are TRAPPED. Will be looking to short any “Relief Bounce” in the morning using $1.50s as the guide. PLEASE GAP UP!!!

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