Thursday, February 28, 2013

02/28/13 Thursday Watchlist (14 stocks)





Market: $SPY rebounded w/ strength, perhaps a correction to be previous long red candle. Who knows, but as always play the sentiment (red/green).

WATCHLIST
My strategy is mostly daytrading and short-selling but I will buy good set-ups for day- or swing trade.

Short Watch:

HOV (ill-financial, im short 6.10) - Spiked abit more but could not break thru 6.12 res which its still testing. I shorted at 6.10 for position as it started to breakdown some supp levels. This could still push if house market keeps spiking, but its a def short if it spikes again. However, as i said Earnings is on 3/6/13 so I wouldn't short it if it holds above 5.50 going into that week. This is part of the reason why I want to leave this stock alone and focus on easier plays.

LCAV (ill-financial) - potential short when key supp 2.85 cracks.

EJ (ill-financial) - faded more on Wednesday. potential short when key supp at 4.25 cracks.

EDAP (seeking alpha pump) - is holding up but under 4.25 res. Potential short in the ext few days esp if it spikes big.

AAMRQ (over-extended) - vol is fading bad so it could start fading thru supp. potential short when it takes out intraday supp at 2.47.

RSOL (ill-financial) - this stock is worthless and has low short-interest. I covered into the bounce because I lost patience on Tuesday but it dropped to 1.85 on Wednesday. Patience pays. Potential short on any decent spike.

MBLX (over-extended) - this is still spiking on no news. Perked up some on Wednesday as I expected but vol is still dry. In a bull market day this could squeeze shorts thru 2.37 key res. Potential short soon when it starts cracking supp. But I wouldn't short at these levels. 2.16, 2.37 and 2.57 are key.

SQNM (ill-financial) - Key supp at 4 is holding up, so no play until it cracks 4 on the 30min chart if it or bounces big.

Long Watch:

CSIQ (ill-financial, im long 3.98) - this stock is crap and is a short on any big spikes. However, it released news Wed morning as it held above key supp 3.80. I would not be short here as this could spike big on this Sales Agreement news. I bought at 3.98 on strength as it perked to test r/g but it could not go green. I am anticipating some morning action but will sell if it does nothing going into midday. This is a potential short when it fails to b/o.

NEON (momo stock) - this is from TimAlerts watchlsit. It has good technical chart and lots of vol on all time frames. This is set to breakout soon. watching it pattern for a clean b/o thru 5.75

PAMT (momo stock) - this is also from TimAlerts. It has great chart and alot of hype sepculating around its deal w/ big names like MCD as PR is expected. This could breakout in anticipation of news. Waiting for a clean breakout thru 11.5

CCUR (promo stock) - dip buying seems to have begun. this is a potential buy when it b/o 8/8.16 res zone


Swing Watch:
While I believe these stocks will recover nicely, it is tricky to buy in this market. I would wait until the market starts to bottom before entering above supp/res.

JVA (rebound) - I'm a sucka for this stock for 3 reasons: (1) solid financial growth/undervalued; (2) lots of shorts; (3) great chart. No play yet let it pattern w.r.t the market. Im watching 7.32 and 7.5

GEVO (rebound) - is recovering given the eps growth and the vol. No play yet, let it pattern. I'm watching it pattern about key level

Wednesday, February 27, 2013

02/27/13 Wednesday Watchlist (12 stocks)




Market: $SPY is still bearish but could always bounce. As always play the sentiment (red/green).

WATCHLIST
My strategy is mostly daytrading and short-selling but I will buy good set-ups for day- or swing trade.

Short Watch:

LCAV (ill-financial, I'm short 2.85) - this stock is complete crap w/ a nice technical breakdown set-up. It was a great short near 3.0 res for solid r/r but I shorted at 2.85 in anticipation of it cracking. My position is terrible because 2.85 is key supp. I havent covered b/c its under alot of res and vol is fading. It could crack if market starts tanking, otherwise I will cover and reshort.


*EJ (ill-financial) - this is crap. the bounce is fading under 4.5 res. 4.25 is key supp which could get cracked on the way down. this is a morning panic watch.


EDAP (seeking alpha pump) - Spiked a bit on Tuesday. Potential short in the next few days.

AAMRQ (over-extended) - potential when this bounce tops.

RSOL (ill-financial) - this stock is worthless and has low short-interest. I covered into the bounce because I lost patience. This is a potential reshort. Downside to 1.75

MBLX (over-extended) - this is still spiking on no news. It cracked abit on Monday but is still holding above trendline supp and at ema supp which means if this squeezes w/ the market it could spike big, which I would love to short. But I wouldn't short at these levels. 2.16, 2.37 and 2.57 are key.

SQNM (ill-financial) - faded nicely as I covered my 4.22 short at 4.0 supp for 100bucks. Key supp at 4 is holding up, so no play until it cracks 4 on the 30min chart or bounces big.

HOV (ill-financial) - Spiked big as it could not crack 5.19 and housing sector spiked. All these big spikes are potential shorts when they top b/c they breakdown. Earnings is on 3/6/13 so I wouldn't short it if it holds above 5.50 going into that week. This is part of the reason why I want to leave this stock alone and focus on easier plays. 6.12 is res

*On watch for morning panic

Long Watch:

CCUR (promo stock) - dip buying seems to have begun. this is a potential buy when it b/o 8/8.16 res zone

CSIQ (ill-financial) - this stock is crap and is a short on any big spikes. However, it released news this morning as it holds above key supp 3.80. I would not be short here as this could spike big on this Sales Agreement news. It's a potential buy (only for the news) if it patterns and finds supp at 4.

Swing Watch:
While I believe these stocks will recover nicely, it is tricky to buy in this market. I would wait until the market starts to bottom before entering above supp/res.

JVA (rebound) - I'm a sucka for this stock for 3 reasons: (1) solid financial growth/undervalued; (2) lots of shorts; (3) great chart. No play yet let it pattern w.r.t the market

GEVO (rebound) - is recovering given the eps growth and the vol. No play yet, let it pattern.


Tuesday, February 26, 2013

02/26/13 Tuesday Watchlist (11 stocks)



Market: $SPY tanked terribly on Monday. Not sure how much it will recover from that but it could still bounce before more consolidation/tankage.

WATCHLIST
My strategy is mostly daytrading and short-selling but I will buy good set-ups for day- or swing trade.

Short Watch:

RSOL (ill-financial, i'm short 2.29) - this stock is worthless and has low short-interest. I shorted the weakness on Friday but w/o surprise it held up on the green market Friday. It's still holding up as it tests ema7 and could spike a little as some impatient shorts cover. I will add to my short if it spikes to towards 2.5 res. Potential downside to 1.75

SQNM (ill-financial, i'm short 4.22) - faded nicely into the close. Potential morning panic or reshort on a bounce.

EDAP (seeking alpha pump) - this technical b/o was caused by a well-timed seeking alpha article and will crash big once the hype/vol fades in the next few days. I want to bank big on this one as it could crash and then fade over multiple days.

LCAV (ill-financial) - this stock is complete crap w/ a nice technical breakdown set-up. It was a great short near 3.0 res for solid r/r but I had too many trades already open to trade it. It could morning panic to crack trendline supp. Potential short into panic or on next bounce.


CSIQ (ill-financial) - this stock is decaying financially and it has vol, which is a sign it will start breaking down like HOV. This also behaved as I called it on my watchlist. It gapped up w/the market which was great b/c it quickly became overextended and cracked. Could morning panic but its a potential short on any decent spikes.

EJ (ill-financial) - this is crap. this was also predictable as it bounce started to fade. Hoping for another bounce to short. Some res about 4.6 but 4.28 is key supp which could get cracked on the way down.

MBLX (over-extended) - this is still spiking on no news. It cracked abit on Monday but is still holding above trendline supp and at ema supp which means if this squeezes w/ the market it could spike, which I would love to short.

HOV (ill-financial) - I shorted this at 5.46 but covered to soon as it dropped 13cents more after I covered at 5.33 and could morining panic along w/ SQNM and the housing sector. Potential short into panic or on the next bounce. This stock is choppy and I will leave it alone after this big crash that could come this week.

Long Watch:

CCUR (promo stock) - this pump is the only thing I'm willing to buy in this market. No play until it pattern for 8.0 b/o. I may buy the bottom if it patterns properly.


Swing Watch:
While I believe these stocks will recover nicely, it is tricky to buy in this market. I would wait until the market starts to bottom before entering above supp/res.

JVA (rebound) - I'm a sucka for this stock for 3 reasons: (1) solid financial growth/undervalued; (2) lots of shorts; (3) great chart.

GEVO (rebound) - is recovering given the QoQ eps growth and the vol.
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Monday, February 25, 2013

02/25/13 Monday Watchlist (12 stocks)


Market: $SPY seems to be reversing now. We could be headed towards some bearishness but it's gapping up big in premarket so I could be wrong. Still, the next daily candle stick close below EMA20 will be the first sign of a top.

WATCHLIST
My strategy is mostly daytrading and short-selling but I will buy good set-ups for day- or swing trade.

Short Watch:

RSOL (ill-financial, i'm short 2.29) - this stock is worthless and has low short-interest. I shorted the weakness on Friday but w/o surprise it held up on the green market Friday. It's still holding up as it tests ema7 and could spike a little as some impatient shorts cover. I will add to my short if it spikes to towards 2.5 res. Potential downside to 1.75

LCAV (ill-financial) - this stock is complete crap w/ a nice technical breakdown set-up. Potential short when this bounce tops on 30min candle.


CSIQ (ill-financial) - this stock is decaying financially and it has vol, which is a sign it will start breaking down like HOV. No play yet but its a potential short when this bounce tops.

OWW (ill-financial) - this stock is crap and starting to show signs of a top or breakout attempt. I would love to see it try to breakout so it can get over-extended and crack even harder. It's such crap but let it squeeze its shorts before the inevitable collapse back to where it started breaking out.

EJ (ill-financial) - this is crap. potential short when this bounce tops on 30min candle.


MBLX (over-extended) - this is still spiking on no news. This could be my bread-n-butter pattern and will make for a great short when it tops as it could fade for multiple days like SNSS. When it cracks on the 30min candle, short the bounce.

HOV (ill-financial) - I shorted this on Friday but it held up. This goes to show again that odds favors you shorting on red market days not on green Fridays.  potential reshort when this bounce tops.

SQNM (ill-financial) - this could morning panic. if it squeezes, it could spike big. failed panics usually lead to spikes of the same magnitude and vice-verse.




Long Watch:

I am long AAMRQ 2.71 as a weekend play as it perked up. This was purely speculative for a potential gap-up or blind chance of news today because news often come out on Mondays. I will sell into the morning if it does nothing.

CYCC (pre-momo) - this stock could technically b/o at 5.74 key level, as it closed the day above it. people seem to think this stock is undervalued, which could be a catalyst behind it.

GEVO (rebound) - this stock has shown some financial growth and has the vol accumulation to support a rebound. I am watching 2.21 for big moves.

CCUR (promo stock) - failed breakout dip. This could start bottoming soon as dip buying begins. Could drop to 6s before running to retest 8. Don't anticipate the breakout in this over-extended bull market, wait for the breakout to oCCUR ;-P


Swing Watch:
CREME and CERP aren't doing much yet as they consolidate from the failed breakouts. Not on watch til they get more interesting.

JVA (rebound) - I'm a sucka for this stock for 3 reasons: (1) solid financial growth/undervalued; (2) lots of shorts; (3) great chart. I missed my first entry point at 7.32 key supp but will watch for entry when it patterns above 7.50, which is an important price.
.





Friday, February 22, 2013

02/22/13 Friday Watchlist (11 stocks)





Market: $SPY seems to be reversing now. We could be headed towards some bearishness.

WATCHLIST
My strategy is mostly daytrading and short-selling but I will buy good set-ups for day- or swing trade.

Short Watch:

HOV (ill-financial) - potential short when this bounce tops.

SQNM (ill-financial) - potential short if it morning panics. else, its a reshort if it bounces.

RSOL (ill-financial) - this stock is worthless and has low short-interest. potential short if it bounces and fails res when vol fades.

SOL (ill-financial) - this stock is crap too but has short interest so it may be bouncy/choppy like HOV and SQNM.

OWW (ill-financial) - this stock is crap but is spiking on news that won't last. potential short when it tops.

AAMRQ (over-extended) - morning panicked beautifully but I missed it due to an appointment. however I did scalp the bounce for +4% (+$130). It's still over-extended by atleast 40cents and I plan to short into a failed morning spike.

MBLX (over-extended) - this is running up on no PR/news and its testing near 2.0/2.16 res zone and its overbought. This is over-extended and will start fading soon. It's still holding but i'm patient for as long as its over-extended.


Long Watch:

UVXY (bottom/rebound) - this is one of the most anticipated rebounds on the market. peep the vol accumulation

CCUR (promo stock) - this NIA pump is nearing the end of consolidation. this should b/o 8.0/8.16 res zone soon. It was testing 8.0 all day yesterday and will likely break it today if market is bull/green while it keeps testing 8.0. No play until it can break and hold above 8.0

Swing Watch:

CRME (rebound, I'm long 0.421, 1.5k shares) - I bought the big dip on Wednesday near 0.41 key supp as it bottoms. I only took half my position in case a dips lower, but I also have a tight stop if it doesn't behave properly. I am long in anticipation of the 0.50 b/o and will add once the breakout occurs.

CERP (rebound) - this OTC is a real company that is going thru a major turn around w/ new executives and revenue streams. This stock is on its way to 0.20 short term and over a dollar long-term, technically speaking. No play until it patterns to b/o 0.05.






Thursday, February 21, 2013

02/21/13 Thursday Watchlist




Market: $SPY seems to be reversing now. We could be headed towards some bearishness.

WATCHLIST
My strategy is mostly daytrading and short-selling but I will buy good set-ups for day- or swing trade.

Short Watch:

HOV (ill-financial) - potential short when this bounce tops.

SQNM (ill-financial) - potential short if it morning panics. else, its a reshort if it bounces.

RSOL (ill-financial) - this stock is worthless and has low short-interest. potential short if it bounces and fails res when vol fades.

SOL (ill-financial) - this stock is crap too but has short interest so it may be bouncy/choppy like HOV and SQNM.

OWW (ill-financial) - this stock is crap but is spiking on news that won't last. potential short when it tops.

AAMRQ (over-extended) - morning panicked beautifully but I missed it due to an appointment. however I did scalp the bounce for +4% (+$130). It's still over-extended by atleast 40cents and I plan to short into a failed morning spike.

MBLX (over-extended) - this is running up on no PR/news and its testing near 2.0/2.16 res zone and its overbought. This is over-extended and will start fading soon. It's still holding but i'm patient for as long as its over-extended.


Long Watch:

UVXY (bottom/rebound) - this is one of the most anticipated rebounds on the market. peep the vol accumulation

CCUR (promo stock) - this NIA pump is nearing the end of consolidation. this should b/o 8.0/8.16 res zone soon. It was testing 8.0 all day yesterday and will likely break it today if market is bull/green while it keeps testing 8.0. No play until it can break and hold above 8.0

Swing Watch:

CRME (rebound, I'm long 0.421, 1.5k shares) - I bought the big dip on Wednesday near 0.41 key supp as it bottoms. I only took half my position in case a dips lower, but I also have a tight stop if it doesn't behave properly. I am long in anticipation of the 0.50 b/o and will add once the breakout occurs.

CERP (rebound) - this OTC is a real company that is going thru a major turn around w/ new executives and revenue streams. This stock is on its way to 0.20 short term and over a dollar long-term, technically speaking. No play until it patterns to b/o 0.05.







Wednesday, February 20, 2013

02/20/13 Wednesday Watchlist (13 stocks)



Market: $SPY b/o nicely yesterday as I anticipated on my watchlist. We are clearly in a bull market, which means many things will get over-extended as they spike higher than they should on momo. I prefer to short to short them than buy.

WATCHLIST
My strategy is mostly daytrading and short-selling but I will buy good set-ups for day- or swing trade.

Short Watch:
BIOF (over-extended) - I completely nailed this trade, shorting after the failed morning spike at 6.83 adding at 6.52 and covering at my target 6.11. I still see about 40cents of downside if it bounces to retest near 6. Cover if vol accumulates.

HOV (illegitimate stock) - morning panicked after a failed morning spike thru key res at 6.12. It has vol so see this stock breakingdown key supp at 5.5 again. Big supp zone 5.70-5.80 that it could bounce thru before patterning to crack.

AAMRQ (over-extended) - this will be the hottest short soon. it started fading late day but im still just watching it pattern. no play just yet but if vol fades it will start breaking down support as people take profits.

SOL (over-extended) - this technically isn't over-extended enough to short but its breaking out thru trendline which could spike it into over-extension. No play yet, just watching it pattern.


Long Watch:

GRPN (technical b/o) - this is perking up w/ vol to test 6.0 for a possible b/o to 7s. Earnings scheduled for 2/27 may be causing the run-up. No play yet, just watching it pattern about 6.0

YFRM (promo stock) - i am watching this pump for a big dip buy entry. Plenty of upside if promoters continue to hold it up. its holding up but is still under res so I would like to see a big dip to buy.

CCUR (promo stock) - this NIA pump is nearing the end of consolidation. this should b/o 8.0/8.16 res zone soon. It was testing 8.0 all day yesterday and will likely break it today if market is bull/green while it keeps testing 8.0. No play until it can break and hold above 8.0

Swing Watch:

QLGC (I am long 11.73, 200shares) - bought this earnings winner pre-momo  on a bullish pattern in anticipation of 12.0 b/o, which i plan to sell into. It broke out 12 and now I will just hold for the ride to sell into a big spike.

GTIM (I am long 2.88, 400shares) - bought this technical set-up on strength in anticipation of a 3.07 b/o possibly on recent news sentiment. I will sell soon if it doesn't b/o early this week. Vol seems to be fading and its still far too midrange for my taste but I will hold for Friday squeeze w/ tight stop. Key supp at 2.74

QTM (earnings play) - this is my next earnings play on watch for swing. It's revived 1.36 key supp and perked up on Tuesday. Watching it pattern for a b/o at key res 1.47

VRNG (technical squeeze) - this could spike out the blue but I am on alert for a dip buy towards key supp 3.10 or a 3.25/3.30 res b/o .

CERP (rebound) - this OTC is a real company that is going thru a major turn around w/ new executives and revenue streams. This stock is on its way to 0.20 short term and over a dollar long-term, technically speaking. No play until it patterns to b/o 0.05.

CRME (rebound) - this stock has also turned around financially particularly after $MRK forgave its debt (which was the reason it dropped from 2 to a quarter back in March 2012). Undervalued form $2. No play until it closes the day above 0.50.







Tuesday, February 19, 2013

02/19/13 Tuesday Watchlist (13 Stocks)

I've been too busy with life and focusing on trading to keep up with the blog and uploading my trades. But I am back by popular demand for my real-time updates. From now on, I will be sharing only trades from my watchlist. Enough said.

Market: $SPY continues to squeeze into new highs w/ very choppy price action as it pushes to try to b/o. We are clearly in a bull market, which means many things will get over-extended as they spike higher than they should on momo.

WATCHLIST
My strategy is mostly daytrading and short-selling but I will buy good set-ups for day- or swing trade.

Short Watch:
BIOF (over-extended) - this will fade nicely. I think it has more upside before patterning to crack. This is only scalpable as it has potential upside to 10 if it patterns properly w/ the bull market.

SIGA (over-extended) - scalpable for 20cents downside. possible morning panic or bounce to retest 4.0 before dropping. 3.75 is key supp

HOV (illegitimate stock) - I've been shorting this stock since 7.4 where I called the top and said it would fade all the way to 5 or lower. It's the 5s but I think it will keep fading because it technically belongs in the 4s. The intention is down so I expect this recent technical spike to top and fade and crack key supp at 5.50 again. Could crack early this week.

AAMRQ (over-extended) - this will be the hottest short soon. just watching it pattern on the 30min candle, and for vol fade on 5min.

Long Watch:

GRPN (technical b/o) - this is perking up w/ vol to test 6.0 for a possible b/o to 7s. Earnings scheduled for 2/27 may be causing the run-up.

YFRM (promo stock) - i am watching this pump for a big dip buy entry. Plenty of upside if promoters continue to hold it up.

CCUR (promo stock) - this NIA pump is nearing the end of consolidation. this should bo 8.0/8.16 res zone soon. This is a good swing trade but I plan to just day trade it as I am always afraid of the promo being exposed o/n. I trade scared when I buy pumps.

Swing Watch:

QLGC (I am long 11.73, 200shares) - bought this earnings winner pre-momo  on a bullish pattern in anticipation of 12.0 b/o, which i plan to sell into.

GTIM (I am long 2.88, 400shares) - bought this technical set-up on strength in anticipation of a 3.07 b/o possibly on recent news sentiment. I will sell soon if it doesn't b/o early this week.

QTM (earnings play) - this is my next earnings play on watch for swing. It's revived 1.36 key supp, so it could start perking up from here. I may enter today.

VRNG (technical squeeze) - lots of hype/chatter/volume around this stock as relates to its patent case against GOOG. Not sure what the true sentiment is (negative or positive) but I don't care. All i care is that there is vol/hype and that it could hit its squeeze trigger at 3.25/3.35 res zone. Key and solid supp is at 3.10. I put this as a swing trade because it could spike quickly and out the blue any day. So if it dips a bit, I will look to enter near 3.10 w/ a tight stop.

CERP (rebound) - this OTC is a real company that is going thru a major turn around w/ new executives and revenue streams. This stock is on its way to 0.20 short term and over a dollar long-term, technically speaking. No play until it patterns to b/o 0.05.

CRME (rebound) - this stock has also turned around financially particularly after $MRK forgave its debt (which was the reason it dropped from 2 to a quarter back in March 2012). Undervalued form $2. No play until it closes the day above 0.50.