Watchlist – Agria, Gray Television, Krispy Kreme Provide Interesting Trades
EnterCom (ETM) has rallied up from 5.00 to 9.50 and was at 2.00 back in July. That makes up 450%+ returns. Insane. Just watching for some reversal.
Fortress International Group (FIGI) was up 90% on getting awarded contracts worth 40 million. Potential buy on green price action.
Agria Corp (GRO) is a chinese agro stock that has a history of pumps and dumps. Now up from 2.20s to 3.00. Waiting for fading action to short into.
Gray Television (GTN) was down 4% today as buying interest has gone down. Worthy of quick short scalp on red price action.
Jade International (JADE) is another chinese stock that has a history of pumps and dumps. Up form 2.30s t0 3.60s in few days. Today was first red day, down 3.5%. Short below 3.25 (below todays low)
Krispy Kreme (KKD) was up on no news, from 3.50 to 4.50. Today afternoon it sold off nicely. Short on break below 4.25 support
Lee Enterprises (LEE) is a newspaper company up on bullish sector news. Today it stayed weak all day long indicating buying interest fading. Potential short on red price action. Watchout for fakeouts.
Ocean Power Technologies (OPTT) is now trading in a range. 8.60 to 9.25. Trade long on breakout above 9.25, or trade short on break below 8.60
Rex Energy Corp (REXX) has runup from 8.00 to 11.00. Now fading nicely and closed below 10 support. Potential short below 10.