Decent list today. But lately it seems the scan is limited in value, most of the setups seem to show up pre market.
Today’s List: Full list from Yahoo Finance
Energy Recovery, Inc. (ERII) -NasdaqGS
As mentioned yesterday I went long this when it held $6.50 support. Nice upgrade overnight, I’ll try and be patient with this. The deal they landed appears to be huge.
Kirin International Holding, Inc. (KIRI) -Other OTC
Every time this shoots up 50 cents I have an alert go off. But I have yet to short it. Its probably a ripe setup just so damn illiquid. Would probably have been smart to just put in small orders for those 50 cent pops and might have ended up with a pretty good average. Just watching this for the next time one resembles it.
Weight Watchers International, Inc. (WTW) -NYSE
This typifies my biggest frustration with my trading lately. I nailed an entry on this, but then had no conviction and covered for 10 cents or so. It then proceeded to fade all day. I’ve gotten to the point where I take “nail and bail” to seriously, need to let winners run more.
I’m short biased but only on pops. Hoping some late shorts came in yesterday and they will get squeezed out.
Target: Let it run in the morning, if it does, then look to fade it.
Neogenomics Inc. (NEO) -NasdaqCM
Stalked this ALL DAY yesterday looking for a short entry, it held $6.90’s and then perked over $7.00 after that I’m long biased.
Target: Look to buy the move above previous highs, $7.15-7.20
Anavex Life Sciences Corp. (AVXLD) -Other OTC
I’ve avoided this for weeks, it will crack at some point but seems to just keep holding up. Timing appears to be tough, I have no desire to “swing short” but this is probably a great setup for that.
Target: Right where it’s at, $9.00ish
Pacific Biosciences of California, Inc. (PACB) -NasdaqGS
Hrmm, earnings tonight, it will crash. But I don’t think I have the balls to hold into earnings.
Target: Fade under $7, but this is probably just a watch because of earnings.