Hello everyone.
I have decided that i am going to share with you my personal watchlist i make everyday if i only find time to do it because my schedule is pretty busy and i cannot promise that i am going to make a watchlist everyday.
My watchlist is based on my own tickers with combination of tickers from Tim`s watchlist so please understand that this is not just my own research but i also "copy" our master :)
Beside that, watchlist is not recommendation to buy, sell, or short-sell any stock but it is just my personal opinion of certain stock so please do your own due diligence.
STOCKS FROM PREVIOUS WATCHLIST:
- ADXS - I covered nicely in pre-market and i said that i am expecting a morning panic and than a rebound since the stock is under SSR and it has dropped several dollars of its highs. We got the morning panic but it was so small and than the stock was strong all day. Because of that it is no play for me for now. I don`t have time to deal with such a choppy stock. I am going to keep it on my watch but not as my primary play. It is a potential short in case if it spikes even higher or when it will have fading price-action which can lead to panic late day.
- AMCN - Shorted yesterday 2 times. First short was perfect into a morning spike when it broke out to new highs but it looked like that it wont hold. I shorted at $4.69 and i stuppidly covered just a few cents higher for a small loss but that was a stupid loss to take. I was just so scared that it will spike even more. If i would wait for a few more minutes i could easily made 20 cents or more per share. Than i have reshorted on Tims alert and added on small bounces as long as stock was holding below the big seller. When it started to chip away this big seller i covered my short right into this seller so i kept my loss small. This is still a potential short and i think that a good short opportunity is into a failed morning spike.
- INUV - Here i have also took my profits way to soon. I shorted at the open but i covered for a small profit since the stock took out the LOD and it didn`t panic and i also didn`t want to be behind the computer since we have such a nice weather here in Slovenia :) I saw later that about 30 minutes after i covered my short the stock did have the exact panic i wanted at the morning so opportunity lost. Now it is no play since it has already crashed big. Maybe i am going to short it if it is going to have a big bounce.
- MCP - I bought the morning spike and sold after few minutes for small profit. Than i have considered dip buying it but i refused since the stock was not able to hold support. I might still dip buy it at some point but first i would like to see some signs of bouncing and some support to hold so i will have a set risk vs. reward.
- VLTC - Is tricky one and it is messing up with shorts. It reminds me of GENE. That said i would be careful shorting it altough the stock is potential short. I think the best short is into spikes when they fails or when the stock will go red on the day and it will stay red and it will slowly fade.
- VGGL - Also a potential short because this stock almost never holds it spikes. Unfortunatelly IB does not have any shares to short.
- RADA, JRJC, IFON - Didn`t have any follow through but they are holding its gains preety nicely. Because of that i will still keep them in my watch as a potential buy. We just need to wait for price-action and the volume will be right. RADA so far is the strongest and has the best price-action of all three of them.
NEW STOCKS I AM WATCHING:
- BSPM - I dip bought yesterday before the close since this stock is an earnings winner which had a nice morning spike but it was gradually fading all day. My risk/reward with this stock is good and beside that history charts shows that this stock usually gaps-up when it has a good day so i am looking for a mornig gap/spike to sell into. It was already uptrending slightly in the after-hours so i think i am on the right track. In case we are not going to get any spike or gap i will probably sell for break-even or loose few cents/share at worst.
- TZOO - I saw this stock yesterday in the morning but i forgout about it later... What a waste. Than i didn`t want to chase it after Tim has already bought. I hate when i miss opportunities like that. Anyways the stock had a big spike into a market-close with a lot of volume. Because of that i am hoping for some sell-off at the market open so i am hoping for a weak open/quick morning panic (possibly below $13.00) and i would love to buy a speculative position into this panic because than the stock might stabilize and have higher lows and ideally break from red to green. If i am going to execute this trade my risk will be LOD or $12.75 which was yesterday morning high.
- ENZN - Sympathy play off VLTC because people are speculating that Carl Ihan might also increase its share in this company. I think this is just bs and if the stock is going to spike big enough it will be a good short. So far i would not short it because it only had first big green day and it can spike even higher.
hey svoboda. I follow you now for w while and I wish you all the best with your trading. Your chart looks really cool beause you made a great comeback! I hope to see greeeeeeens soon :D keep it up!
Hey MasiJunior :) Thank you very much for your kind words. You have made my day :) Yes i am also hoping for some green in the near future. I started with very small account - only 1350 USD and i started trading from day 1 and wasn`t prepared so i preety much lost everything. Than i paper trade for 8 months and study and than i started again. Meanwhile i was saving money and i have also borrowed some from my friends :) So far it is looking good and i think i am on the right track :) Thank you aga
hank you again and i also wish you all the best with your trading. I am sure you are going to be green sooner than later. Just stick to the rules, study and don`t give up ;)
All you do is shorting, I wish you will lose all your money.
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