Watchlist for 3-17-2015 – $CRMD, $MVIS, $AMRN, $MELA, $HZNP, $AXN

Today’s Plan:

Good day yesterday, interesting how small profits can really surprise you at the end of the day. They pile up quickly.

My main focus was $HZNP, and it was annoying as hell, really thought I’d get a good crack but in the end it was small. Did not want to hold overnight so its back on watch today.

Today’s List: Full list from Yahoo Finance

CRMD

This is the type that falls apart fast the instant you quit watching. So I’ll keep watching…

Target: $8

CRMD

MVIS

Battled this yesterday and came out ok. Told myself to minimize size and hold through spikes, then I doubled back on my plan an covered. Soon after that it faded away. Will look to short pops.

Target: $3.30

MVIS

AMRN

Missed the early crack, thought it was a fakeout, joined later and made a little. Again didnt like it enough to hold overnight. Will look to get short on any quick moves.

Target: Parabolic move

AMRN

MELA

I thought this was dead and over with, just noticed a big spike into the close. Not sure if its based on anything real or just some short covering etc.

Target: $3.75

MELA

HZNP

Frustrated with this one, and struggling to form a plan. Probably should just ignore, I don’t like $20 stocks anyway.

Target: Fading action

HZNP

AXN

This keeps going up while everyone says it should be going down, seems like a short squeeze, will watch for a parabolic to short/swing.

Target: Fast move to the upside.

AXN

Watchlist 3-16-2015 – $AMRN, $MELA, $GERN, $HZNP, $AXN

Today’s Plan:

Solid day Friday, especially happy since I only traded 1/2 the day. Had I not been a little stubborn on $AMRN, would have been a KILLER day. But I kept the loss manageable so its part of the game. Biggest mistake was entering at all, but I pushed it a little. Biggest thing is sticking to a stop and being disciplined, which I did, so I’m happy.

Almost an identical list from Friday, most these tickers were pulled right over to today.

Today’s List: Full list from Yahoo Finance

AMRN

Up and strong pre market, hoping it pushes hard into the open and give me an all day fade.

Target: Any parabolic move

AMRN

MELA

Had a very nice multi day swing on this, covered when it refused to wash under $3. Happy with that especially since it was Friday. Glad to go into cash into the weekend. Hoping for a spike on this to get short back into.

Target: $3.20

MELA

GERN

Made like 50 bucks on this Friday, I thought the back side was in. AWESOME cover in hindsight, it ground and ground all day, would have tortured me watching that paint dry all day.

Target: High $4’s

GERN

HZNP

Did profit on this Friday, not my type of trade, but I think this could be a very solid multi day fade.

Target: Fading action, low $22’s

HZNP

AXN

Good stuff on Friday, hoping for another spike to start building a position. Its Monday so it would be nice to ride this for several days.

Target: High $1’s

AXN

Watchlist for 3-13-2015 – $AMRN, $AXN, $MELA, $GERN

Today’s Plan:

Ok day yesterday, made several good trades. Minimized profits by being stubborn on $GERN. I knew it was a bad trade going in, hence my notes below. Shit happens I guess, first major breakdown in discipline in a couple weeks so its just one of those lumps you gotta take I guess.

Today’s List: Full list from Yahoo Finance

AMRN

Waiting for pop, up pre market.

Target: $2.60

AMRN

AXN

Traded this mid day for profits, I covered almost perfectly, got the dip and then it spike hard late day. Luck.. Looking to start shorting at $2.

Target: $2.00

AXN

MELA

Held this overnight, I’m up a few pennies, almost covered in the low $3’s but really felt like it could have cracked. Struggled with the decision but went ahead and hold over. Will be looking to cover today for sure, no desire to hold this over the weekend. Though I’m sure it fades into oblivion.

Target: $3.20’s

MELA

GERN

Took a small loss, all because of FOMO, never hit my target, I entered early, hence I lost. Hoping for a parabolic close to $5.

Target: High $4’s.

GERN