No closed trades for me today as I still have my swings in CBIS and UA. If I was around I may have considered selling at least partial shares at $0.0246 had I been watching it but I’m still comfortable with how the chart is playing out. I will definitely be watching a little close tomorrow but I will once again be helping at Wrigley in the afternoon so I won’t be here for the close. I’ll definitely be on Twitter first thing in the morning so you know where to find me. Also, I’ve got 2 video lessons coming this weekend so get ready! One with tips for dip buying and the other will be a March recap and April preview. Hope you all have a great night and good luck tomorrow!

 

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

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

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

 

#Hammertime

 

 

 

CBIS – This actually got up to $0.0246 today which was beautiful and then faded most of the afternoon. I was out and about today so I was watching and making sure it wasn’t crashing, but I wasn’t planning on selling. I could’ve made a nice buck at the high ($125ish I believe) but I think we retest those highs again tomorrow. If not, I’ll look to get out unless it’s holding it’s gains nicely.

 

MCEP – I don’t see a real catalyst for this more but it ran for 3 days at the beginning of the month close to $2 and we’re now approaching that territory. I wouldn’t be surprised if this breaks out and heads above $2 tomorrow but I’ll wait to see how it reacts in the morning. Ideally I’d like to see a little more volume and a dip where I can buy into. I’ll watch the price action in the morning.

 

CPST – This has attempted several times to breakout above $1.69ish over the past few months and has not been able to. I may look to get in this tomorrow on a day trade long or short. If it fails to breakout, I’ll look to put in a short order and if it starts to pick up in volume and breaks out, I’ll look to possibly go long.

 

PGH – This is actually on quite the run since the beginning of the year and has broken out above multi-month resistance. Next key level is $1.50 and if it can get there, it may really move and there isn’t much before $3-3.50. Decent volume today so if it starts to pick up, I may look to get a small position in this as well. Ideally I’d like to get this back down at $1.10 or $1.20, but I don’t see it dipping that much.

 

UPL – This is getting to the point where it’s looking like we may have one of those days where we see a huge pop. A lot of former runners that fade for multiple days and start consolidating, sometimes pop on really high volume. Ideally I’d like this to get as low as $0.27 or $0.38 to get in this for a long position. I’m not expecting to guess when/if the pop will happen so I’m just watching for now to see if it can reach those levels.