Happy MLK day everyone! Hope everyone is putting in all the hard work to make sure your dreams come true. After having a little bit of fun time and some relaxing this weekend, I’m back on the grind today making my FIRST ever video lesson and watch list. I’ll try to get at least 1 of these out a month for you guys. I know some of you learn better visually rather then reading so hopefully this helps out. Hope everyone enjoys the rest of the day and I look forward to profiting all week with you guys! Lets do this!
Follow me on Instagram and Twitter for motivational pictures, quotes and real time trade alerts. The links to my pages are below. I will be doing a lot of traveling this year and want to share my experiences with you all!
https://www.instagram.com/hammertimetrading/
https://twitter.com/HammerTTrading
http://profit.ly/guru/timothysykes?aff=6394
#Hammertime
NXTD – So this was my big winner on Friday as I made roughly $210 on 2 separate trades. The first trade was a 70% swing trade that I held from Tuesday’s close into Friday morning after spiking 70% Thursday. After locking in profits Friday morning, I re-bought the dip and made another 20% with a bigger position and sold prior to the close. I probably should have held in hindsight as we got a nice PR this morning from the WV conference that they held in Orlando this weekend. I can see this spiking up to $1 early on this week. I will look to re-buy on any big dips into spikes. Ideally I’d like to get in at $0.60-$0.65/share risking roughly $0.10 with great upside. This has a lot of momentum so let’s see how it reacts this week.
EKSO – I definitely played this one too early and took a small loss so I can get a larger position in NXTD. I think this can still bounce nicely off these levels as it always has in the past. There is very little risk here and great reward. I’ll wait for the volume to pick up or for the right catalyst.
UNIS – After bouncing around all week, it finally looks like this may break out past the $0.74-$0.75 resistance. If this can break out, we may see it get close to $1 where it spiked up to 2 weeks ago. We’re still awaiting the news on AMGN but technically speaking, if this breaks out, it can still run as that deal can go through this week or next.
HEAR – Similar to EKSO, this bounces off these levels in the past all the time. On Wednesday, it dipped below that $1.40 support and I got nervous this was going to continue to fall. It bounced right back up before closing no Wednesday and actually found support at about $1.45. I’m still going to wait on this to see if this can continue to turn around and start making it’s way back up to the high $1’s and low $2’s. Possible buy with the right volume and catalyst.
ANY – This has a horrible long-term chart but has bounced off of the low $1’s twice now in the past couple weeks. If this can hold above a $1, it could be a decent swing trade as it has roughly $0.50-$0.75 of upside. I’ll wait to see if it can hold these support levels though because this is new territory for ANY.
HH – New to my watch list, this 9M market cap company just received a $12M multi-year extension on one of the company’s clinical research contracts. This spiked 100% on Friday and I can actually see the momentum carrying into this week if the volume picks up. This can possibly pop another $0.20 which would make it roughly a 200% winner. Keep your eyes out for this as $0.08 would be a good entry.
@HebrewHammer Do you use say Etrades scanner or in my case TOS scanner?
@HaydenH I use Etrade Pro however I don't use scanners. I manually scan using TDAmeritrade phone app and Etrade Pro
I decided that I strayed too far from the progress I felt I was making when I started and decided to go back and figure out what works for me. In my after action today I said I need to find what works for me despite everyone else. I was also looking at how you started and you say the same thing here. You're still helping out man.
@DapperDude Awesome! Keep up the hard work!
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