I like to keep it simple and watch only a few stocks!
$JRJC - Had a solid Earnings Win after hours and had a great reaction. Looking for dip to 5.70's or lower for entry or breakout past yesterday's highs at 7.05 ish. I would prefer a dip as there is less risk and more upside!
$UTSI - Put this stock on my radar yesterday after Tim bought a position! Big investors buying at $6 share. Looking for solid dip or breakout past yesterdays highs. If the stock does breakout past 2.90, there is not much upside as there is resistance at the 3.00-3.05 level. Still potential buy/scalp though!
$KTOV - Potential short for me but i am NOT rushing this one given it's tiny float and the crazy market right now!.. Potential short into further spiking, bounce after a crash or if it takes out the afternoon low in the afternoon!.. I may wait for a few days though!
$LPTH - Potential short! Lot's of long term resistance in the high 2.30's. Potential short on bounce after a crash or if it can take out afternoon low before the close!... Again i am in no rush!.. Also the fact that it could not break the 2.37 resistance is appealing to me!
As you can see I like to keep it simple by watching only a few stocks and trading very simple setups outlined it HTMM!.. Please give me your opinions and what stocks you are watching?
Peace,
Jeff!
Yes, also today they're just is not many plays, normally I can make a watch list of 5-8, today it was 3
Yeah!.. You watching the same stocks?
I post watch list every night for the next day, if you want to take a look at those, those are what I'm watching usually throughout the day @teentrader
Way to keep those losses small man, should've made $100+ this morning but walked away for like 2 mins and missed it lol
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