Yo yo!
Sick bounce day for SPY with lots of nice movers from my list. SRPT and CLNE both pushed pretty nicely, and even though I was short biased on HRTX it turned into a sick long as the shorts got squeezed. That's what I warned about last night since it was so crowded...sometimes this is what happens so you have to be careful and adapt to the situation at hand. I took PBMD off for a small loss early in the morning after it tried to break out a couple more times and failed, but I plan to retry it soon. SYMX I am still holding and it had a really nice run today. I'm also still long SSYS which tried to break out today (failed this time but showed some serious strength), long HK from $1.26 and long REN from $1.11. Lastly I opened a new swing on ENZN long at $1.33 and plan to hold until it breaks the flag it's currently forming. All in all a fun day. For tomorrow I don't really see anything I want to attack right at the open. There are a couple nice patterns like GEVO which was pretty strong today. I plan to watch dips on that to see if it can hold above $4 and will try to get long with risk under $4.00 for a r/g move to $4.50 or so. Also MOBL had a nice PR today and could get some juice from that tomorrow. Others I noticed are PENN which had a strong breakout to new 52 week highs today and NQ which was consolidating nicely under $6.30 but it's pretty extended so I don't know how I feel about longing it. So anyway I guess since I have no solid plans I will just be sitting on my hands for the morning and managing my open swings, waiting for the right opportunity for day trades. Still top of my list is PBMD since that $2.50 level is so big. Other than that I'll just be chillin and waiting for something good!
Hope everyone had a great day!
Chris
Submitted June 10, 2015 at 09:39PM by ghostofgbt http://ift.tt/1L2AQd3
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