Each of these stocks are for long positions. For the length of 2016 I am focusing on only one setup and that's buying earnings winners. I understand that I will miss out on other plays but mastering one style and profiting from that style is the best method for me.
$UNIS - It has a strong support in the $.90 and has been on a steady climb due to volume. It released a statement that it partnered up with $AMNG but it didn't help the $UNIS much and actually drove $AMNG down. There earnings report comes out Monday but it will be poor. I would look to dip buy this near $1.00 and scalp it for 5-10 cent gains.
$EXXI - Is showing support at $.55 and moves roughly 10-12 cent daily. This is the same as $UNIS in that it will have a "meh" earnings report on Monday and if it moves it will because of the price and volume. People seeing this as the next cash cow and such.
$AMKR - Will release the earnings statement after the market closes. The last earnings report surprised everyone with a 300% profit. I doubt it will due that again but I would look to take a overnight position. It's been moving $.30 during the day with higher then normal volume. I would try to buy this in the low $5.
I have a more but these are the ones I'm watching for the beginning of the week. I only plan on making two maybe three trades this week.
Good Luck and thanks for reading.
Hey $UNIS $exxi $amkr hey can u tell me at any point was good buy today? Thanks
I dropped AMKR due to weak SEC filings. I have 4000 shares of UNIS at. 85 cents over night. They release earnings statement tomorrow after the close. I'll be waiting to see if it loads up in volume in anticipation.
hey was $UNIS winner?? will you hit me up thanx
Not really, I got 9 cent a share with 4000 shares. I was hoping it would jump to the $1.00 do I could short it and ride it back down. But it's at the end of its movement. I'm watching CDE or have been watching CDE and it just had it's first red day after 3 green days. Also ZNGA, it's hitting new lows and is going to have a poor earnings report tomorrow.
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