REN - looking for an entry at $22.50 and will risk down to $22 where it double-bottomed intraday today. A push through $23.50 will send this to $24. If it fails I will look for a reentry around $21.50.
LEDS - An entry at $7.10 would be ideal as a 50% retrace of today's move risking down to the support level at $7. Lots of resistance overhead on the daily around $8 but with a low float I will be watching this intraday for other points of entry if we do not see a pullback.
SPHS - low volume today, but if this traces down to support at $2.85 I will be looking to take a larger size for a swing with about a ten cent risk to the downside. First target to take some size off here would be $3.30 and I would hold the rest for an additional $.20-.30.
AXDX - Trading in about a 3 month channel, this stock bounced off the bottom of the channel as it is trending towards new 52 week highs. I would like to take this long over $24 with a risk down to $23.75 and a price target of $25 at the top of the channel
CRNT - would love a $2.75 entrance on this enabling me to risk down to daily support of $2.50, but I have a feeling it might push through $3 before a pullback to that level so I will be taking it long above today's high of $2.95 for the potential whole number break. I'll risk down to $2.75 on this. Price action will show me if this will be a scalp or a swing toward $4.
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