Watchlist – Joes Jeans, Krispy Kreme, Royale Energy As Potential Play
EnterCom (ETM) has rallied up from 5.00 to 9.00 and was at 2.00 back in July. That makes up 450%+ returns. Insane. Just watching for some reversal. India Globalization Cap (IGC) faded all day to close at 2.11, finding support 2.00. Short on break below 2.00 LJ International (JADE) was up 29% yesterday. Today it [...]
How Do Most Parabolic Stocks End
Ever wondered if the stock that was up 20-30% today would keep surging in the following days ? 9 out 10 times those stocks make for an excellent short once the buying interest/volume starts fading. Very few traders want to buy this on dips after its up 50-100% in few days. The momentum is over [...]
Watchlist – LJ International, Euro Tech Holding, Threshold Pharma…
American Oil & Gas (AEZ) is an oil up from 1.60 to 2.80. Finally went red after 9 Up days in a row. Closed at 2.60. Potential short on break below 2.50 Astrotech (ASTC) gapped up today taking out its previous high. Howevver it sold off all afternoon from 3.60 to 3.08 before bulls took [...]