Good morning traders!
September is back and with it comes all these plays...
I'm trying to be conservative with my picks to pick only the best- yesterday was an annoying trading day because I identified the dip buy pattern correctly, I just took too long to get out. I need my finger on the trigger!
Today I'm looking at $ZAIS as a potential dip buy off a morning panic, the same with $WNDW if it can emulate what it did yesterday. The secret to this kind of play is always TIMING. $FIT is also a potential dip buy as it has failed to hold this resistance level for some time now, although it rarely drops much, so I'll really have to be convinced by a panic to be involved.
$AVEO is a play that can keep running so I shouldn't chase, I'll be there for the crash but I don't expect it to happen before next week.
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