Watch list for 3-1-2016
-----------------------
FDML - Long over 7.30 stop at 7.20 profits near 7.70
* Morning spike 7.30+ RR 4 to 1 * Earnings winner - Big percent gainer - Float: 30.32M
GSI - Long over 1.60 stop at 1.50 profits at 2.00ish.
* Break out 1.60+ RR 4 to 1 * Previous earnings winner - Big percent gainer - Float: 9.67M
SALT - Long over 3.10 stop at 3.00 profits taken near 4.00.
* Morning spike 3.10+ RR 9 to 1 * Earnings winner - Big percent gainer - Float: 16.85M
ACW - Long over 1.30 stop at 1.25 profits at 1.60
* Morning spike 1.30+ RR 6 to 1 * Earnings winner - multi month BO - Float: 28.62M
ENPH - Long over 2.60 stop at 2.50 profits near 3.00
* Break out 2.60+ RR 4 to 1 * Earnings winner - Big percent gainer - Float: 29.01M
ELMD - Long on a dip down by 4.50 stop at the same level profits at 5.00. Potential long on BO but it
might be getting over extended.
* Dip buy 4.55 RR 9 to 1 * Earnings winner - Multi year BO - float: 5.47M
Good list, thoughts on why you decide to long ACW over 1.30 versus 1.35 which is above today's high?
It would probably be a better idea to wait for the true break out, but if the indicators are perfect then either one would probably be fine. I had the same one in my watchlist yesterday, and it is a classic earnings winner pattern with a slow up trend.
Gotcha, thanks for the input
Join now or log in to leave a comment