Hey hey!
Tight consolidation day in the markets today and I assumed that meant nothing would really run. Damn was I wrong! Tons of explosive action out there with FSPM, FENG, SEED, QUNR, XGTI, PPHM all making massive moves. I did not capitalize on any of them so I am pretty disappointed in my performance today. I milked a measly 200 bucks in gains and spent nearly 1/3 my $300 gross gain on commission when there were opps all over the place that I just didn't see. Oh well, better luck tomorrow I guess, and money is money...here are some ideas:
XGTI, PPHM, QUNR, SEED all for continuations
PTX for a bounce play over $3.75
CNAT still watching that $12.50 level
OPTT this is my favorite for tomorrow - was in today at both $4.30 and $4.50 for scalps but I think it will take off from here. Watching for a dip to enter in the morning.
RMTI once again tried today around $13.00 but got out flat. Any day now this should rip. I'm gonna be watching like a hawk from here
ALIM still on watch for a break of this range over $7.20ish
JAKK still watching that $7.35 level for a long
All of these are right on the edge but they move fast and you need to be agile to catch them. Some of my calls today were absolutely sick and I just did not capitalize. Don't doubt yourself if you have seen the patterns before! FENG, FSPM, SEED these are all calls I have made in the last few days and I missed them all like a chump!
Anyway, lemme know what you're watching if anything!
Chris
DISCLAIMER: I am a day/swing trader. LONG means I'm expecting price to go up, not that it's a long term trade. SHORT means I'm expecting price to go down, not that it's a short term trade. Just because I post these here does not necessarily mean I'm buying/shorting them. They are ONLY ideas, may not be traded at all, and if I do take them, 99% of the positions will be closed by the end of the day. One other thing...any swing recommendations should be taken w/ extreme caution - lock in some profits as I am not checking these to see if they have earnings or anything before posting, so if they do they could make crazy moves. Do your own DD on them. If ya have any questions, feel free to ask below and as always, share your ideas too. The more the merrier!
Submitted March 05, 2014 at 06:25PM by greenbartrading http://ift.tt/1neAfXj
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