IMGN- Recent big % gainer that's been breaking out all year. Since December, every pullback has been buyable. A dip to 6.40 would be the most ideal time to buy and then watch for the breakout at 7.00. I'd give it a few days to consolidate first, because while the 20 and 40 SMA's are holding an even space apart from eachother,(VERY STRONG UPTREND INDICATOR) the price is a little over extended from them. An ideal buy for me would be in a channel breakout from a consolidation near 6.40.

VSLR- Looks like it's time to short the first red day. When I last wrote about this on the 20th, I said, don't buy, and since then over 4 trading sessions, it's only had 60 cents of range, that is after the retracement down to 4.60 which would have been a great buy. Anyways, stocks fall faster than they rise and now is the time to get in and take that 60 cents on the downside.

WPRT- Oil Play but up on earnings. I was very happy with the way I called this one on the 20th. I think it's going to consolidate for another day or a week and the break out at 2.65. The volume looks like it can turn into a great setup. Low volume on the pullbacks, and increased volume on the long side. I see another 15-30 cents above the breakout if I can buy it. This is all speculation.

MBRX- Play of the day today. Up on a short squeeze after gapping up. I find biotech's in general don't really adhere to the normal dip buying strategy after a huge run up, and plus this stock is still in a long downtrend. I don't think this stock will run anymore, if it does, whatever, but I wouldn't want to be long. 10M Float, no wonder it ripped today.

APDN- Longwinded downtrend but looks like a contract winner today. Very convincing multiday run up to near breakout levels at 1.90. If this can break, it might signal the trend reversal, but I'm not too confident in it. If it hits 1.90 that could potentially be a good buy. A dip to 1.58-1.60 could also be a good buy opportunity. I think that would be safer but there's always a bunch of different ways to play stocks. 21M float, almost no short interest, not looking for a rip at the breakout, but a grind.

ZN- Good uptrend but I think it's starting to overextend. I wouldn't short because it's up on earnings, and also, any news about oil could move this thing around in whatever direction. No edge. 

This is all I have for today. Any commentary is useful and appreciated. We're all learning here. I only use technical terms, and indicators as a way to compartmentalize Tim's strategy into my mind. For example, SMA's on charts allow you to see an uptrend, downtrend, extension, and general strength or weakness of a stock. Tim uses dip buying strategies on earnings and contract winners that resemble exactly what you see when you read about technical retracements. I also look at volume to judge whether we have more buyers than sellers, and shares short, as a way to judge if a breakout will rip right away, thanks to Mark Croock.