Happy New Years everyone,
Ok it's time to get back to business. I have 7 hot stocks right now.
$TXMD I shorted over the weekend and will sell in morning panic. Downtrended all day and broke lower resistance at the end of the trading sesh. Looking to make a minimum of .2-.4 on this trade.
$RWLK is way over priced in my opinion and needs to come down to reality. I've been watching this stock since it reached its high's near $18. I will short this stock if it can break lower resistance of 14.10.
$CNIT is another potential short. Its come down the past couple days but still got some more downside potential. It ended the last trading sesh with a downtrend all day. Will short if there's a morning panic.
$WTW is a huge winner with news of Oprah taking a stake in the company. I dip bought this off its $24 highs. $2 potential upside with limited downside.
$ATNM will most probably go up tomorrow due to news of it closing the first bell of the new years. Media attention usually brings volume to stocks and can really run.
$MEMP is a potential break out play. It up trended all day and could be an interesting long position.
$LPTH is going to be a good short but am not chasing yet. Will wait for sideways motion before cracking lower resistance to short.
Best,
Dean
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