UPDATE! 7/22/15 4:30 pm
I played $ESI from my watchlist today. I bought 100 shares at 4.74 and I'm holding overnight. Earnings report tomorrow so let's see how that goes. Looking to sell into the mid 5.50's or possibly low 6.00's if it reaches that high :)
Also played $CBLI from my watchlist. I shorted at 4.82 and ended up covering at 4.74. It actualy continued to keep going lower into the close, but I'm happy with my profit.
$XOMA is a play I did that wasn't in my list. I dip-bought at 1.16 (300 shares) and sold at 1.31. This had a huge crash in the early morning and I am glad I dip bought and rode the little run it was having until it ended.
Overall very happy with my results today.
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After my biggest loss on $VLTC and $EXEL on Monday, I have decided to take a day off and not trade on 7/21. Now I'm back and ready for another day! :)
$RCON - long - this had a great green trading day Tuesday (up 11%). The daily chart is looking pretty wild but with the volume up the past 2 days, I can see this going green again for a day or 2, 3 TOPS! It had mostly sideways action after the morning spike so I would look for volume in the morning for a buy around 1.65 and look for a 10-15 cent increase on this.
$MHR - long - this is a nice stock, usually has nice volume everyday. It had its FIRST green day in a few days and thats a good sign. There was news on 7/21, so thats probably why its came up green on the day. This has potential to go up again for a day or 2, so I would look to dip-buy after the morning. I would look to buy at around 1.24 and hold for an upside of about 7-8 cents.
$ESI - long - this stock finished with a strong green day. going up 5%. I would look to dip buy this after the morning spike at around 4.65 and look to sell in the 4.90's. Might even hold this for a couple days, It has had a nice uptrend since 7/9. The real test is if it passes 4.78 - that would b a nice b/o point. This can reach the low 5's pretty soon. watch this
$USAT - long - this is a very slow moving stock. It has had a nice uptrend for about a week and is now consolidating the past 3 days, I believe this consolidation is done and will continue to rise for more green days. I would look to buy this if it either has news or the volume picks up. I would buy around where it is now and hold for a few days, this is a long term stock, not really a day-trader... moves too sloow. I consider this a safe stock play.
$CBLI - short - stock went up on earnings, I don't see this lasting long, I would definitely look to short this stock either tomorrow or the next day. watch this go downnnn very quickly! I would look to short if this hits 3.92 and hold for a good 30 cents at least, although I can see this going back down to the low 3.40's or high 3.30's. this is my main watch of the day.
Of course, things can change at any moment, the chat room has been very spot. I am trying something new starting tomorrow, and that is only trading after morning spikes. For some reason I can't catch them correctly, so I'm trying a new approach. Dip buys/sells. I am excited to see what tomorrow brings. Thank you for reading and good luck to all everyday!
I tagged $UEC but its not on my list lol I meant to say I'm looking to go long on $ UEC if it continues to show the uptrend it did on Tuesday. I would buy if it b/o 1.43 and sell into the 1.50's or 1.60's.
What do you guys think of these stocks...CISG DANG MDGN... I'm trying to learn how to make a watchlist. Still learning on what to look for. Thanks :-)
$CISG is looking pretty good right now, could definitely go higher. $DANG isnt something I'd play at the moment, its at a vulnerable place right now. Its at its low point and it could continue to go lower OR go up from here, wait a few days on this is my advice. $MDGN looks like it could fall from where it is riht now, if it passes the high from today, tomorrow... it could definitely b a good buy and run maybe until the 9's.
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