rhdarden

I am long ZGNX over wkend, probable reversal setup for nice risk/reward on technical analysis. Look for confirmation monday with volume and price action. May hold for a few days for nice swing trade until parabolic action or topping resistance with faded volume etc..

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rhdarden

Had MTOR on my low list, earnings today. Looks like it's breaking out. Strongly passing 11.00 is confirmed, I don't ideally look at this high of a price but it came on my screener and I would be in right now at 10.50 with larger account.

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rhdarden

I am still currently long QMT, this one is really more of a long term long I guess you could say. It has good support at 1.25 and looks to be going bullish. It isn't very volatile without any catalyst so I wouldn't buy into this again with me learning along the way wanting more day trades. I do think it has upside potential at 1.50+ depending on type of breakout etc. I will be only getting out so I will be looking at high 1.30s and 1.40s for target and cut around the breaking of support 1.25/1.22. I probably could have sold for tiny gain/loss and already made more from the settled funds but I just hate losing and don't think I need out so I am waiting to be in green and take it as learning what my own preferences are and how long I want to hold positions.

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rhdarden

VUZI and ZOOM are back on my main list again both trading mid day near 50k but are two different looks currently. VUZI had a nice channel and support at 2.50 average volume near 70k and I missed it yesterday with it holding and volume at 25k and it has shot up today to now at 2.95(+15%) but I don't chase and there is lots of resistance near 3 but will be watching it to bust that with confirmation before entering plus with it only averaging 70k will watch closely and carefully. ZOOM is slightly different I like it much more for buy once it breaks some resistance at 4.80 with good candle formation and it is at half normal trading for 100d(111k)21d(150k) volume holding well. If it reverses and goes to 4.40 when volume is fading too maybe 25k to 30k, look for dip buy with right setup.

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rhdarden

XXII looked good early for possible new technical breakout but then hit sellers but watching it very close as it looks like it may breakout. I am not chasing a simple uptrend though so I will not buy unless it has technical breakout at/near 2.50/2.55 with good green candles and volume up. Currently 2.33 at the low for day. Probable buy here would be early but not bad. Just rather have the price action especially for me trying to scope towards same day trades. If it turns south in next day or so a dip buy would be aiming at 2.15 with depending candles etc.

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rhdarden

Still currently long MEET, I like this for adding more near bottom of 2's. Would have today actually but funds unsettled..maybe it won't spike just yet and I can get some low 2's tom. The support is really good at low 2's and now with volume mid day today around 150k and average 100d@669k and 22d@859k this charting looks good for good bullish due and possible new breakout. I hope to dip tom and add. Target to take some near 2.35 depending on volume and charts etc. and hold some for breakout or top.

rhdarden
rhdarden Jan 29, 14 12:54 PM

Mental cut loss is near 1.98, if closing down and looking to fall because breaking that could trigger others and could then gap down a lot fast

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rhdarden

@rharris4511 welcomes you to their trader wall!

rhdarden
rhdarden Jan 28, 14 3:13 PM

Still watching RSOL for better dip buy, I got in on CPSS at 8.12 on what I think was good dip buy, probable hold through earnings. BORN,GALE both good dip buys on lows for day and I am still watching them and would be in GALE with larger account.. Watching BIOL,WPCS for dip buys possible. XXII with some volume to push 2.40resistance would be good as well as SMI which is nearing breakout and if it passes 5.08 with good buyers that would be another long and I like all these key stats on SMI and CP

rhdarden
rhdarden Jan 28, 14 3:19 PM

ELON, JRJC, and CAMT looked like good dip buys too, I saw them on a different list of mine. I wish funds would clear instantly to move and compound quickly but thats ok. Just so many moves right now and not enough cash.lol

rhdarden
rhdarden Jan 28, 14 3:27 PM

LTRX, missed that one too. I have 9list and don't look intraday if I can't buy all the time. Wasn't on my main and I don't have huge setup like pros so just one laptop

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