Market: SPY is still trying to squeeze shorts as it continues to consolidate. It could go either way but odds favor more bullishness. Still, I will play according to market sentiment (red vs. green). But I am short biased as we approach the end of bull season.
Longs :
GEVO. watching 2.2/2.25 for momo.
Shorts
ANAC -I am short 500 shares at 6.38 after locking in $70 in profits so far. I plan to cover into a morning panic. May add on a failed morning spike.
HIMX - i nailed this short for 30cents yesterday. potential reshort once it breaks and patterns under ema50 on 30min candle chart.
Momo
Follow me on stocktwits (@sickledsystems).
Abbreviations::
b/o = breakout
b/d = breakdown
momo = momentum
pt = price target
res = resistance
supp = support
Abbreviations::
b/o = breakout
b/d = breakdown
momo = momentum
pt = price target
res = resistance
supp = support
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