Friday, May 5, 2017

Friday, May 5, 2017

5:12 AM

Stocks included in this list:

ZPAS, LWLG, SLTK, WTW, FNBC, CDXC, HTGC, CTL

 

===Potential bounce long after panic===

ZPAS, LWLG, SLTK

 

ZPAS 5:15 AM - potential long after panic, will look to short for The crash as well but likely wont find shares

 

LWLG 5:15 AM - look for the dip buy bounce pattern, very low vol so may be no play

• Looks like I missed the bounce but there was no vol so no way to play this on the long side, still potential short if I can get shares, some are available at IB at 5:15 AM but im not crazy about this no vol play

 

SLTK 5:17 AM - look for topping action for potential short but likely no shares when its time

• 5:17 AM - looks like the price action is getting bunchy up here, could be topping soon but no way am I quick to jump on this

 

(Be very cautious with OTC longs many getting halted)

 

===Other potential long opportunities===

 WTW, HTGC, CTL

 

WTW 5:22 AM - earnings winner, looks like this had enough time to consolidate weak open red green for potential long or dip buy if holds in 21s and 22s

 

HTGC 9:00 AM - my gap down strategy I detailed in this video lesson https://profit.ly/500Dms

 

CTL 9:04 AM - my gap down strategy I detailed in this video lesson https://profit.ly/500Dms

 

===Potential short plays===

  XXXX,

 

XXXX 0:00 AM - plan

 

===Potential Swings===

I don’t play swings much, mostly for those who view my watchlist

XXXX,

 

XXXX 0:00 AM - plan

 

===Backburners===

CDXC, FNBC

 

CDXC 5:42 AM  - rich guy investment play, too slow of a mover for me but seems like the weak open red/green long pattern has been working

• 5:43 AM - wouldn’t be chasing strength on this but could offer a nice risk/reward play on a long into a morning panic ideally to the low 3s

 

FNBC 9:07 AM - potential long starter around 30c area, full size for long over 35cents

• 5:23 AM - NAILED the plan above from yesterday in premarket! Didn’t trade it because I find myself terrible at trading cheapies like this but beautiful pattern and this deserves acknowledgement, no play here for me but nice to watch and learn from

 

 

MAIN:

 

 

 

===Trading Notes===