Fantastic day today! I personally made $300 but some followers on Twitter made more than $1000 on my TLOG alert today in the afternoon. Awesome trading today taking profits in the morning from my over the weekend CBYL hold and then made 27% in under an hour on TLOG later in the day. I’m also up a nice $185 on my RPRX short currently and I expect this to really crash tomorrow as we can see a morning panic. I also got some great news from Profitly today as they were able to retrieve my video from last night. You can watch it here where I accurately called TLOG at the 22-24 minute range. Hard work is most definitely paying off and I’m going to finish this month off strong. Here’s how my video lesson/watch list turned out today.

 

https://www.instagram.com/hammertimetrading/

https://twitter.com/HammerTTrading

http://profit.ly/guru/timothysykes?aff=6394

http://profit.ly/store/info/169?aff=6394 

http://profit.ly/store/info/161?aff=6394 

 

#Hammertime

 

 

RPRX – I’m still short 500 shares from Wednesday at $2.87. I could have covered Thursday for a $100 win but I decided to be a little more patient with this one knowing that it’s a pump and knowing this is going to come back down a $1 or $2. If we can just crack $2.65 Monday morning, I can really see this dropping quickly however I’m going to be really careful and make sure this doesn’t squeeze on me. Originally I had my risk at $2.95 but decided to make it $3 since it double topped at $2.97 on Friday and then faded into the close. (I figured if it hits $3, what’s the extra $25 loss for me? Not much) I really do see this giving up at some point next week but I really would like to see the massacre on Monday. So the patience is working out here as this dropped to $2.50 today at the close. I’m expecting this to gap down and tank from a panic since there isn’t much support after $2.45ish. I do expect this to be in the low $2’s either tomorrow or Wednesday where I’ll look to cover. I’m already up $185 so this has been a really good trade for me so far.

CBYL & EBIO – Friday I took the day off for 2 reasons, mainly because it was my girlfriends 30^th birthday and wanted to spend the entire day with her and her brother. Secondly, I didn’t have anymore day trades left so I couldn’t really do anything until closer to the end of the day anyways. I did see EBIO spiking and didn’t want to chase it into the close as it was already up 50% or so when I looked. Instead, I went with CBYL off my watch list because it has a very similar chart to EBIO and I would like to see this play out next week the way EBIO did last week. I took a 1000 share position at $0.79 as it was attempting to go green on the day after dropping to nearly $0.70 like I predicted in my watch list Thursday night. It then ended up breaking out at the close on some stronger volume. I don’t know 100% if this will go nuts on Monday like EBIO did Friday, but I can see myself possibly swinging this over a few days if it holds up nicely. It did take EBIO 6 days of green before the big spike. I’m putting my risk at $0.73 or roughly $60 and looking for this to get into the mid $1’s. This didn’t quite go supernova like I was hoping but it did breakout and manage to touch $0.90. I got out at $0.87 because it got slammed pretty hard at $0.90 and I didn’t see it breaking out past the huge wall of sellers. It was a nice 10% win for me in the first 5 minutes of the day. I watched this tank after a failed rebound and closed down 5% on the day. EBIO started tanking in PM and just faded all day. It did manage to find some support in the low $1’s towards the end of the day. If this can manage to spike tomorrow or at least hold the low $1’s, it could really squeeze for a day either tomorrow or Wednesday so something to watch still.

 

NEOT – This spiked up very nicely on Friday but managed to hit $1.20 resistance from the beginning of the year and got slammed back down to $1.06 at the close. If it can possibly breakout above that $1.20, it can really run similar to EBIO. There’s some resistance just under $2 and then nothing until the mid 6’s. Realistically I think this thing is coming back down to the $0.70’s, but all these low float stocks have been running like crazy and this can be a sympathy play, so something to look out for. This broke out past $1.20 resistance nicely in PM but I don’t like buying stocks in PM or AH so when the market opened, I was watching my CBYL position and missed this spike up to the $1.50’s. It did drop back down to $1.26 towards the close and I expect this to continue it’s decline back down to low to sub $1 range tomorrow or Wednesday.

 

TLOG – Another stock with a similar chart as the rest above….Starting to see a pattern here? This broke out past multi-day and multi-month resistance and held above it at the close on some stronger than average volume. There is some more resistance at $0.34 and $0.36 and then some more at $0.48ish. With the rest of these stocks with similar charts spiking and breaking out to multi-month support, this could be another sympathy play to watch. I missed the initial spike this morning because of my CBYL position that I was closing out. Midday I was watching this dip off of the second double top but it managed to make a higher low at $0.40ish. I wanted in at $0.40 but it wasn’t getting there so I put an order in at $0.41 and got executed. Shortly after it ran up to $0.60! I got out at $0.52 for a 27% win in under an hour. I could’ve made an additional $160 or so but I’m more than happy with the win and more importantly, all you guys that profited from my alert on Twitter! This did tank at the close and closed under $0.50. I do think this continues to drop tomorrow but could bounce nicely after short cover into the panic from everyone who chased this up today at $0.60. Should be another fun day tomorrow.

 

Also on radar: AVXL, VLTC, AQXP, TGD