Yesterdays(11/22) WL recap:
$EKSO- Nothing, dropped over $1 share in first 30 min & never recovered. First red day, see if this turns out to have been a good short opp
$GROW- Tried to break morning & PM highs mid-day but couldn’t. 1st red day, see if this turns out to have been a good short opp. TOS did have shares avail
$SNMX- Closed above 52wk high w/ first green day. Low volume though. Keep watching to see if it can hold. Up 80% in last week so see how it reacts to closing above 52wk high.
Tomorrow(11/24) Watchlist: Half day holiday market hours. 9:30-1pm
Never traded a half day before so Ill just be watching. I did have my eyes on a couple O/N setups going into the close Wednesday….
$MARA - I noticed this on %gainers late day. Strong into close with a slight pull back (probably profit taking) just before the bell. Also closed just above the VWAP First green day, no news.
$TLGT - Noticed this mid-day on %gainers. Closed near highs w/ catalyst(FDA news) & first green day but not much volume. Has room to gap up if it breaks 3.90 Watch.
I don’t have any O/N trades under my belt yet but I am beginning to watch how the %gainers that held highs react. From the ones I’ve watched I think I like O/N plays that are strong volume into close w/ a slight pull back(profit taking) in the last 30 min and hold above VWAP at the bell. This gives it a bit of support/safety for the O/N hold. Obviously needs the other criteria to also be a sure play: Closed near highs, first green day with a catalyst Just watching these now, I wont play until I'm comfortable that I'm picking the right holders.