Watch list for 2-16-2016
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GRPN - Slow mover, but watching for a break out over 3.00/share with a stop at the same level and a
potential .20/share in profits.
* Break out 3.04 RR 5 to 1 * Earnings winner - Recent spiker - Float: 373.13M
ELMD - Watching for a morning spike over 3.00 with a stop at 3.00 and profits at 3.30ish.
* Morning spike/dip buy 3.05 RR 5 to 1 * Earnings winner - Recent spiker - Float: 5.47M
THST - Possible long position on a break over 1.30 with a stop at 1.20 and potential profits at 1.60.
* mornings spike/dip buy 1.30+ RR 3 to 1 * Earnings winner - Recent spiker - Float: 2.58M
QUOT - Looking to get in on a morning spike over 7.50 with a stop at 7.40 and potential profits at 8.00.
* Morning spike 7.55 RR 3 to 1 * Earning winner - Recent spiker - Float: 62.75M
MERC - Wanting a break above 8 on strong volume with a stop at 7.90 and potential profits at 8.50.
* Dip buy 8.00 RR 5 to 1 * Earnings winner - Recent runner - Float: 24.31M
GCNA - Looking for a break out over 4.00/share with a stop at the same level. Potential profits of .50 a
share.
* Break out 4.05 RR 10 to 1 * Earnings winner - Recent runner - Float: 20.49M
I think the problem with a lot traders is that have too much going on. Pick the best three charts to play and put the rest in the watchlist/alerts. Play one position at a time!
grpn ceo is going to change good pick
This afternoon Allibabba (sp) announced they bought 5.6% stake in GRPN. This should really help in the morning
Yeah I usually end up watching one or two stocks the closest through out the day. Which ever ones look the most interesting, and set up the best. I will watch USAT thanks guys!
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