HMNY. E02(S). Gap down r/g push then fade. Use extreme caution given 0.36M float. Risk r/g then trailing 50 EMA.
VBLT. E02(S). Gap down r/g push then fade. Solid RSI (89.63). Risk VWAP, r/g. Ideal hold until mid-4s.
URRE. E01(S). Para into 4 HVR, looking for 100% move from 2ish base. Risk 4 HVR. 6M float so can squeeze fast.
MOC. E01(S). Fantastic run and dump today. Ideal failed follow through momo, para into 5.50s HVR.
YGE. E01(S). Looking for 8 para with 100% move from base. Would like higher vol. RSI mid-60s, so-so.
CETX. E01(S). Would like 5th big up day tomorrow, para into 5 HVR from 09.22.15 on 200-daily.
OPTT. E01(S). Mid-6s para and fade. Likely cover into whole number or VWAP wash. Decent range (0.62 ATR).
JVA. E01(S). 6 para and fade. Risk 6.15 HVR then 13/50 EMA trailing depending on how clean it trends.
ARRY. E01(S). Looking for 5 para with smaller size given HVR proximity. Likely too busy with HMNY to bother.
All plays contingent on sufficient volume and available locates.
WAIT FOR BACKSIDE. Only trade PERFECT SETUPS. R/R >3:1. <50c to HVR. Cut losses QUICKLY. Trade scared.
E01(S) win probability currently 80%.
E02(S) win probability currently 83.33%.
"Don't be a hero. Don't have an ego. Don't ever feel that you are very good. The second you do, you are dead."
"The most important rule of trading is to play great defense, not great offense. Focus on protecting what you have."
Thanks Derek!
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