FNMA- interested in this one after the nice runup it has been having.. It has now come down over the last three days nearing my pre determined trend lines. I like the dip idea since the stock is down just over 30% from its highs and right above support in the low $2 area.  I would like to buy on a morning panic pattern making the panic into todays close a continuation of a panic… support at the $2.05 area looking to profit into a spike back toward the $2.2=$2.3 area.  Kind of like a ZPAS pattern but with a twist

 

 

 

OCX- had a paper trade on this and it would have worked out nicely.. Will continue to practice my breakout pattern trading.. But for a game plan this stock is up  200%+. Ideally I would like to see this have a morning panic pattern down to the $4.4 area.  This is a bio tech so I think it could be possible but we shall see.  If it doesn’t get that far I am still eyeing the $4.8 area with a retrace back into the mid $5.  second option is the breakout above todays high but I am not completely comfortable with that one since it had such a hard pull back from the highs into powerhour

 

 

 

ZYNE- was looking at this because past performance it seems to have two solid green days.. However this particular green candle seemed to close to far off its highs so I am more interested in the dip buy into the $4.3 area with a small retrace looking to make 5-10% on this trade.. If it doesn’t panic in the morning I will probably ignore this trade after.. I will give it until about 10:30

 

 

 

SHMP- was a good first green day yesterday with a small gap up today.. However at the end of the day this turned out to be a very weak second day making the day candle look like a star.. Depending on what tomorrow brings I see some support in the $.06/$.055 area where it would make for an ok dip buy.. Technically its runup started back at $.02 so there is some ground to say that this play is looking a tad overextended and make for a solid dip buy on what can be a first red day.  Absolutely not a short though

 

 

 

TRVN- didn’t pay this one to much attention but looking at it this stock was a great first green day two days ago and then today it was a good breakout above previous day high and  even a good morning dip. Is it possible that there can be a third green day? Idk but I am looking at the two support levels of $1 and $.087 area… so I would like to buy in the $.9 area risking the $.87.. With a retrace to just over the $1 mark.. Odds are that it will bounce off the $1 whole zone

 

 

 

MBOT- still on watch for the bounce off the $8.5 where the original breakout started

 

 

 

HIPH- support in the $.065 area.  Just put in a third green day forming an almost cup like pattern… break out would be nice but prefer the dip to the $.065 being that it has run for multiple days without going red.. Also would like news but might not be necessary for a good dip

 

 

 

VTVT- has perked every 5 days so will revisit this play in two more days to see if the pattern will hold for a fourth time

 

 

 

DGLY- upside wise it looks like it cant really go anywhere so on the bottom side a dip into the $3 looks solid but most like no trade for me.. The last few days even though it finished green it seems to have gone red first.. That might be a pattern in of itself.. We will see tomorrow