Best trading day and week so far this year for me. I nailed VPCO twice today (selling remaining shares from Monday and dip buying this at $0.006) I also rebought this before the close at $0.0067 with the hopes that this goes full supernova tomorrow. If not and it starts to show weakness and fades below $0.006, I’ll get out and take my loss. Regardless tomorrow should be fun. I will be traveling tomorrow so I will be here for the open but I will miss the close so hopefully I can get a morning spike with VPCO and enjoy my day off/vacation on Friday. Here’s what I’m looking at tomorrow morning and I’ll see you all on twitter!
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VPCO – What a monster today and I don’t think it’s quite done yet. I’m going to be very cautious here and if it drops below $0.006 tomorrow morning, I’ll look to get out. The reason I think this has room to go up is do to the fact that we haven’t seen a huge volume spike yet. Usually when stocks go supernova (and you can make an argument that it did today), there is a HUGE volume spike as well and we haven’t seen that. We’ve seen a slow growth in volume each of the past few days and I’m hoping tomorrow is the day we get that huge spike. If you look at NXTD back in January for example, there were a few decent volume days leading up to the big spike with monster volume. I’m thinking we’ve yet to see this beast get unleashed and I think we’ll see over a penny tomorrow or Friday.
SUNE – After dropping a little in PM again today, this spiked up huge towards the end of the day and then dropped in AH all the way back down. I would’ve loved to short this today after that spike but was preoccupied with VPCO. Not to mention I don’t have anymore day trades this week and I didn’t want to hold overnight.
Here’s a few stocks that I’m always watching do to their volatility and ability to spike huge given the right catalyst or PR. Sometime they spike when they start to get near their long term support levels also without any catalyst.
VLTC, LIVE, AVXL, HMY, NXTD, TGD, UNIS, GSS, ELMD
If you would like to know why these are on my watch list you can either ask, or go back into my watch lists from earlier in the year explaining in detail what I’m looking at and why.