$ECA - Short. Up from 4Q earnings winner news. High volume, but slowing quickly. 60-70 cent gain possibility from 3.70
$CHGG - Watching. Down recently from negative 1Q reports. Up Wednesday from new 52 week low and Cramer's "positive" outlook. High volume, looking to short, but could run a little more before falling. Possible dollar a share profit on either side from 4.10.
$CHK - Short. If resistance persists, short all day. Running on hope and high volume. Possible bankruptcy. Waiting till volume dies. 50 cents or better gains possible from 2.70. Beware the 2.50 rule.
$RVEN - Watching just for fun. IPO @ 5.85ish
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Posted Feb 24, 16 9:09 PMbyredcandles
Received 1 Karma
Nice watch list. I was also very interested in a few of these.
ECA looks bullish, LONG in my opinion
Thanks mark, and I think ECA will probably uptrend sideways for a bit, but there's too much negative momentum. Watching for resistance tests. Anything can happen.
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