Small gains yesterday on $CPXX, $WLL and $VTAE, but I rushed entries. Had I followed my normal plan of waiting for spikes CPXX and VTAE could have been very solid trades. Of course WLL was a small nail and bail since its oil and gas. I didn’t take huge gains on it, but it spiked right after I covered so a solid trade.
Back to my normal ultra patient technique today, was fired up and ready to get after it yesterday and it showed in my chase entries. Then ended up glued to the screens all day, annoying.
Today’s List: Full list from Yahoo Finance
Celator Pharmaceuticals, Inc. (CPXX) -NasdaqCM
Battled this several times over the last week, no good gains so I’m done fighting. Will wait for the squeeze, it obvious after the last few days this is crowded.
Vitae Pharmaceuticals, Inc. (VTAE) -NasdaqGM
Target: Pop’s to $8.00
California Resources Corporation (CRC) -NYSE
Target: Pop’s to $1.50-$1.60 or breakdown under $1.30’s
OvaScience, Inc. (OVAS) -NasdaqGM
Target: Pop’s to $10.80 or fades under $10.25
Cannabis Sativa, Inc. (CBDS) -OTC BB
Target: Watching to see how it plays out, ideally a big spike.
Vericel Corporation (VCEL) -NasdaqCM
Been watching this forever it seems, no volume though. Watching for a higher volume squeeze out, ideally a morning spike then afternoon fade.