After seeing the decline today without the price making any nhod's and a big difference in volume compared to yesterdays green day I'm looking to go short on $KOOL. I was looking for the price to correct itself down to where the rest of the MA meet and after plotting a fib it has made my opinion stronger about the price working its way back down tomorrow to...
$DRYS created a large cup and handle throughout today and 30 minutes before close it had a B/O of its resistance at 0.58. Also this had heavy volume today and the days before have been in a grinding action and getting tighter which is a good sign. This ticker also has a history of decent spikes with the price range and the sector is doing quite well. I'm looking...
$PPHM just released a positive earnings report 30 minutes before market close which brought a lot of volume in and it finished at the EOD 11% up from that earnings report. Also post market showed a lot of volume and higher prices. I am going to watch this pre-market to see whats happening I may enter trade pre-market or wait to the opening to see if it can break...
I can see $BLFS opening lower and fading down for most of the day. It had a parabolic spike 2 days ago to 3.58 from 1.54 and had massive volume. The volume has been fading a lot since its spike and looks to do the same today. I am looking to short at the opening of the market and maybe cover at the 100% fibonacci level if it has not crossed it by the eod or if...
Can see this ticker dropping first thing in morning due to it being up quite a bit for the last couple months and the previous few days resistance it can not break on the daily chart. I know a lot of people have this as a long term hold which it may go up in the future but as a day trader will take advantage of the price movements. I'm looking for this to spike...
This is a basic idea to short $CLWT due to it being overextended and I can not see it getting any higher now unless it has the same amount of buying interest and volume which I can not see happening due to the it having HOD at 4.20 and then crashing back down to the 3.10 range. Also I noticed the supports at the 38.20% and the 61.80% fib levels did not hold and...
By the looks of it $BIND looks over-extended and has a good chance it will spike down in the morning its at 0.79 post market but closed at 0.73. I think it will start from yesterdays close and spike down to the 61.80% fib level and may break it but looked a good support level as held the price above when tested a lot yesterday. Also noticed yesterday the volume...
Chart looks a little over extended and did not could break resistance well at eod. I think there could be a pullback on this and if it breaks 0.39 I feel it could drop below 0.35. I will short straight out the gate with my risk being 0.45/0.46 and if it drops straight away will look at taking profit at 0.35 or below for a 16% gain or above depending how well the...