4/17 Watchlist (no blog)

4/17 Watchlist

I am going to try out a classic thing I used to do. I basically list the most probable outcomes of tomorrow and what I would do. It is similar to how I make watchlists now, just a bit less specific. Let me know if you guys like this style better!

CHOP- Is a low float pennystock that is extremely overextended. I will by no means long this stock. I am looking for a nice weak open, bounce off of 4 to a strong red to green move. I like the stock to parabolic to the 4.50 mark, hopefully putting in highs and will make for a great short. If the stock cannot hold 4, I will go short risking off that mark as there is likely big upside. Will be shorting fades and parabolic moves, not buying.

REN- Looking for a weak open. Red to green move. I will be buying (gasp) dips as long as it holds the 1.3 mark! If the stock gets ahead of itself I will be looking to get on the short side (parabolic move out of the gate).

ZBB- is light on volume but I will attempt to trade it anyway. Ideally the stock tests 1 and fails right out the gate. I am anticipating it to fade on the day after if fails.

SZYM- will be using 4.4 as a guide to either: get long risking off it, or get short if the stock holds under. If the stock begins to perk off that mark, I will be going long adding into dips.

VLTC- expecting a weak open bouncing off of 8.50. I wouldn't dare go long on this stock, I would only go short on a big overextended parabolic move or late day fades. Be very careful on this low float stock!

AMCN- only shorting the fade setup, pretty much has to snap the 4.25 mark

BSPM- expecting a gap up push toward the previous HODs, I will be getting short on parabolic moves into that 1.7 mark! I would highly suggest not shorting this stock if it is able to hold above 1.7 and grind up.

I thought I would mention this here, please keep the discussion about the watchlist/stocks we are trading. I want to avoid any drama. I already PM'd the admin mods, that is all I can do to get him unbanned. Keep in mind my intent was never to get anyone banned, no matter what anyone says.

Submitted April 17, 2015 at 02:34AM by Badbaseball http://ift.tt/1aCFjmG