Good day Friday, stuck to the plan across the board. Missed several good trades, $UEC, $ENZN, $LOOK, all hit my targets but I had $ADXS, $VGGL, and $CALI so was to busy to go after those. Ideally looking for some pops to get short into.
Today’s List: Full list from Yahoo Finance
Got some overnight, looking to add to pops.
I like my covers Friday, I gave it time to crack $2, but when it held up I covered for a nice profit and had zero overnight risk. Looks to be grinding up a little premarket, hoping for a spike out of the gate.
As mentioned above I had this on watch at $1.85 but passed, looks like it might get there again today. Hopefully a parabolic gap up, otherwise I’ll start scaling in for the fade.
Again much like ENZN, but while it hit my target I decided to pass, a trader I highly respect was trading this on the long side so it scared me out of the short. Gimme a pop today baby!
This hit my target as well, but after my frustration with PBR, and NYSE stock I went into the day determined not to trade any big board stocks. Was a good short, but oh well.
May experiment with shorting a pop. Soo many times in my career stocks go off watch after the big drop, but this thing has sooo much downside. I think a week or two from now it will be a painfully obvious short.
Target: Pops – small size, try and swing.