FRD Short
GOGO - float over 30M, 4GDs and over 100% run over its $5 base. Tough stock as I’ve been repeatedly squeezed on it last week. Im looking for p/m or morning red open and weakness. We should know if it’ll crack if its still weak after 10:30am. Ideally with lower volume than on Friday.
#5 Bounce
These are stocks where Im looking for clear reversal indicators. VWAP hold, trend change on higher volume with a market rebound. Ideally caused by a PR or positive catalyst. These are tough to dip buy because they’re trending lower and odds are they’ll keep going lower than you think. All the indicators must align for me to trade these!
OSTK- looking for a bounce to $80
CODX- looking for a bounce to low $12s
Posted Sep 07, 7:53 PMbyAndroo
Related Trades
Received 6 Karmas
Thx androo for the insite on these I will watch them also.
So GOGO is a recent runner and a spike and failure. $OSTK has had a two week red run. CODX has had over 4 weeks or red with a couple of gap down/falling windows. Thank you. This clears up more questions I've had.
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