Longs:
CSTM: Aluminum stock that after pulling back to test support, spiked through lateral resistance at $13.60 and traded as high as $14.10 before closing at $13.95. I would look to go long over today's high with $15.00 as the price target.
EZPW: Big pop on this stock today breaking out of a wedge formation and the lower up trending channel line. The stock traded as high as $13.55 closing at $13.50. I would look to go long over $13.55 with $15.00 as the target. Short ratio, 17.5 days to cover so watch for a short squeeze.
GSUM: Stock is up 4 days in a row in a bad market. It is in a strong up trending channel and traded as high as $13.99 today and closing at $13.39. I would look to go long over $14.00 with $16.50 as the next target. Short ratio, 11.9 days to cover.
MTOR: Stock had a great follow through today after its break out yesterday. $34.00 is the price target. Short ratio 6 days to cover.
QNST: Stock is in a rising channel and today from the lower channel line it popped trading as high as $13.15 closing at $12.96. I would look to go long over today's high with $17.00 as a price target.
SFLY: qStock has been building a base for the last 5 years and today it gapped higher trading up to $74.33 (just short of my target today) and closed at $73.80. It is unlikely this run is over and I am looking for $80.00 on the short term. Short ratio, 14.3 days to cover so shorts are getting squeezed.
ZFGN: Good follow through from yesterday's pop. The stock traded as high as $7.33 before closing at $7.15. $8.00 is my price target. Short ratio, 5.44 days to cover.
Shorts:
BITA: Stock has broken down below the rising bear flag and traded down to $32.69 before closing at $32.72. I wold look to short below $32.50 with $28.00 and $22.00 as the price target.
Thanks, Bob - I've seen you in the challenge room. I'll take a look at ZFGN - it's in my price range!
Bob, Thanks for the watchlists! I watch for them every night.
Thank you...I'm new and watching you trade has been very helpful...yesterday you shorted LTBR, if you have a chance, could you tell me what motivated you to do that?
http://bit.ly/2oZVJz7
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