I’m really happy with the way I closed out the month, going green on the last day to trade. I dip bought FDML this morning after it found support at $7.10 and I got in at $7.20, just before it spiked to $7.70! I got out at $7.62 for a $0.42/share gain with 250 shares. I went much bigger today then usual and it paid off for me. I’m hoping that with a larger account size, I’ll start to see the gains add up a little quicker. Not to mention, I’m excited about shorting stocks. SUNE I called beautifully however I missed it as I was focused on FDML and then VPCO which I bought late in the day as it was holding it’s gains. I think this will breakout above the $0.0027 resistance from a few weeks ago and we’ll see it start to ramp up towards the end of the week. Here’s what I’ll be watching tomorrow. Thanks for reading!

 

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

 

 

SUNE – Wow this is just beautiful! Now down an additional $0.25 in AH, and still room to go down. I can see this moving down even further to $1.25ish by tomorrow or Wednesday. Watch for support in the $1.40’s.

 

VPCO – Bought into this today as it was up 50% and holding its gains. I’m in at $0.0024 with the goal of making $0.001-$0.003/share. This closed strong today and I believe it can gap up tomorrow and breakout above the $0.0027 resistance where it has now triple topped. I’m risking $0.0005/share so if it drops below $0.002, I’ll look to get out and take a small loss.

 

ELMD – This keeps going and breaking out to new highs. I’d like to see if this can keep breaking out or if it starts to show signs of weakness before making any moves. I will consider going both long and short on this depending on how it reacts in the morning.

 

Here’s a few stocks that I’m always watching do to their volatility and ability to spike huge given the right catalyst or PR. Sometime they spike when they start to get near their long term support levels also without any catalyst.

 

VLTC, LIVE, AVXL, HMY, NXTD, TGD, UNIS, GSS

 

If you would like to know why these are on my watch list you can either ask, or go back into my watch lists from earlier in the year explaining in detail what I’m looking at and why.