Had some free time tonight, here are some things I've been watching lately!

Hey y'all, here are some ideas for the coming weeks. Just some random thoughts really.

• CSTM: Up from a low of $3.38 to close of $8.19 in just five days. Stocks don't just go straight up. Watching this for a blowoff toward $9 to short. I think this could be a longer term short also given the sector and repeated losses in earnings from this co. Seems like it's slipping a bit.

• NLNK: Nasty drop on Friday. $32 is a big support level and there was bullish options activity on Friday as well. Watching this for a day trade if we get one more dump toward $32-31.50 and will go long for a small bounce toward $33-34.

• TAL: Approaching a nice breakout level here around $18. Looking for a short term push upwards toward $20.

• XLRN: Again stocks don't just go straight up. Watching for a blowoff toward $41-42 to short this for a short term retracement toward $35-36.

• CBK: Looking for a breakout over $1.63 for a very short term push upwards (1-2 days) to $1.80-2.00.

• DANG: Nice breakout level around $7.00. Watching for breakout and short term push upwards toward $7.40-7.50.

Disclaimer: I trade stocks for a living. Trade at your own risk and have your own plan. These ideas don't mean OMG GO BUY! If you don't understand it, don't trade it.

Have fun!

Chris

Submitted November 08, 2015 at 09:19PM by ghostofgbt http://ift.tt/1MtWwz1