Big week for me as I locked in over $1,200 in profits for the week! I made an additional $400 in VPCO this morning before it crashed and then took off to Aspen for the weekend with my girlfriend. I was watching the market on shitty wifi from the plane where I actually entered into a swing position in CIE. This has a very similar chart as yesterday where it spiked up in the morning and then dipped a little before ramping back up in the afternoon. Today we actually saw it gap up above yesterdays resistance/HOD and I’m expecting this to do the same thing in the morning. I’m hoping to sell this in the first hour hopefully if it does what I want so I can then enjoy my weekend on the mountain. If it holds above $3.15, I’ll hold over the weekend if it just hangs around. Here’s what else I would be watching tomorrow if I were trading all day. Stay tuned for my video lesson and watch list for Monday on Sunday. Should have lots to show you guys with my big week in VPCO. Thanks and see you all next week!

 

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

 

 

CIE – Got into this late today just before power hour at $3.20. I took out a small position of 200 shares with the hope of this getting back close to $4 by tomorrow or Monday. Ideally, I’d like to see this gap up above $3.30 and see it run in the morning. There is some resistance at $3.60ish so If it can breakout past that level, I think we see $4 pretty easily tomorrow or Monday. This is a swing so as long as it holds above $3.15 tomorrow, I’ll hold through the weekend.

 

UPL – Big winner today as this is up from $0.25 just a few days ago and now we’re at $1.30. This may be done here and if it can’t breakout above $1.50, so see if there are shares to short at that level. I used up my day trades so I will be watching this closely however I probably wont take any position tomorrow. Ideally I’d like this to spike even more tomorrow setting up for a decent short on Monday.

 

RJET – This is bound to go down as the company filed for bankruptcy. With the big spike today, tomorrow should make for a good short opportunity if you can find shares to short. Again, no play for me as I used up all my day trades for the week however there could be some good downside if it spikes some more.

 

 

 

 

 

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, ELMD

 

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.