Watch list 12-14-2015

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DEST - I was watching this chart when it broke out at 6.41. Clearly I should have swing traded this stock, and I

       did go over night with it a couple times and made a small profit. At this point I would be careful since 

       it is up like 90%ish over the course of a week. I will watch this for possible dip buys, It's not the 

       most volatile or liquid stock but possible play if it drops to 8.40 with support .05/share lower I would

       aim to make .30/share on the upside in a situation like this. It is a crow like long term chart though, so

       it's pretty surprising that the "break out" has been so successful.

       * Dip buy 8.40 RR 8 to 1 * Earnings winner Float 12.55M

 

VRA - The bottom of the range for the last two days is roughly 15.70 to 15.80 is. A dip buy in this area might

      not be a bad idea. Whether or not it can break out at 16 though is questionable. I don't see why it 

      wouldn't be able to, but I don't want to try to predict a break out. Playing very conservatively and safe

      as this thing has dropped very quickly after bouncing off a dip, you could aim for maybe .20/share if 

      volume is strong and so is the up trend then you could possible wait to see how it does around this area, 

      but if the break out fails exit immediately to lock in profits. If bought at 15.75 support is .05/share 

      lower making the upside .25/share. Because it's earnings it would also be a possible buy on the break out

      over 16.00, but only if it is clean and on strong volume. Dip buying would be better here for risk reward. 

      * Dip buy 15.75 RR 5 to 1 * Earnings winner Float: 19.87M

 

TXMD - A very volatile stock! There is no play here because it is currently below the long term break out level

       of 9.00/share. Only a buy on this break out. You would have to watch it very closely to see how it acts

       around the key level 9.10 and if it seems to be holding resistance here exit the trade for a scratch. If 

       it appears strong and breaks out at this key resistance level as well I would aim for .30-.40/share of 

       profit. Obviously if it manages to break down below 9.00/share exit immediately and cut losses quickly. 

       * Break out 9.00 RR 6 to 1 * Contract with Roche Float: 134.14M

 

BPMX - Down roughly 30ish% from it's highs on Friday and this stock was not only super low in price, but it was 

       very volatile. Played properly could have made well over a grand on this stock on Friday, but I ran out

       of day trades in MNGA and WNDW and learned a valuable lesson about focusing on liquid volatile stocks!

       It has dropped and seemed to hold support in the 1.80 range which was consolidation from earlier Friday. 

       If this breaks out over 1.90 on super strong volume and it looks clean I would possibly go in with at 

       least 500 shares and try to make a quick 100-150 in profits. So .30/share of profits to play it safe as

       this is speculative and the news may very well be priced in at this point. Hopefully the company will 

       release more news on Monday before the market open!  

       * Break out 1.90 RR 6 to 1 * Positive drug news Float: 10.73M

 

FNSR - Beautiful earnings winner! Obvious buy if it breaks out at 14.52. The long term chart is rough but this 

       is also a multi month break out. If it can break 14.50, it could possibly go to 15.00 which is longer 

       term resistance/support. I will also be looking for dip buys if it is unable to break out at this key 

       level. Support on the break out is .10/share lower. If it dips down to 14 or so it will be a possible buy

       if and when support holds cleanly with the top of the range being 14.50 and there is support .10/share 

       lower from this key level as well. 

       * Break out 14.50 RR 5 to 1 * * Dip buy 14.00 RR 5 to 1 * Earnings winner! Float: 105.32M

 

NCS - This company released pretty solid earnings despite the long term chart. It has shown resistance at a key

      level of 12.75 and is currently all the way down to 12.23. If it can hold support above twelve after 

      dipping to this range it will be a potential buy with about .50/share of upside to try to lock in profits

      on. Really I would want to buy it around 12.05 and if it started getting close to 12 I would cut my losses

      at around .05 or less as the next level of support is .25/share lower and this is not a loss I am willing 

      to risk.

      * Dip buy 12.05 RR 10 to 1 * Earnings winner Float: 28.99M

 

GIG - Now this is an interesting chart! This company has solid earnings from a few months ago and it has been all

      up hill from there. Of course they have had other news to help it along the way. The most recent being an

      analyst upgrade to buy with a price target of 4.25. On top of all this they are experiencing a three year 

      break out over the 2.80 range. Buy the break out over 3.00/share with support being .10/share lower looking

      for .30/share of upside, or if it drops and holds beautifully above 2.80 then it will be a strong dip buy

      at this range maybe around 2.85. It consolidated in this range on Friday for five hours. I really hope this

      company releases some news before the market open on Monday. The only draw back is that it's not super 

      volatile, but nice chart and pattern though! 

      * break out 2.90 RR 3 to 1 * * Dip buy 2.85ish RR 3 to 1 *  B/O Analyst upgrade Float: 38.76M