Watch List for 3.24.017

By Madbash

 

HTGMThis ticker is the most volatile stock out there right now.  There was good news regarding the conformity of one of their testing agents, as well as a positive reaction to earnings.  I was off on my plan to short this thing, as it is going supernova.  Unfortunately, this was one of three stocks on my watch list and I was not watching it closely enough to spot the breakout of consolidation around 10:17 I proceeded to chase this ticker many times.  It will probably have some good dip buy opportunities, but if I could not make money on it yesterday….

 

PULM  This stock appears to be on the way down.  The volume is weakening and it is looking like it is ready to test the low 3z  I would like to short into resistance at 4 if we can get a decent bounce.  I am weary of the huge volume green days as compared to the low volume red days.  News risk is of the utmost concern with a play like this.

 

LXU  I added to my position yesterday, but may have gone a little too Ham.  Now I am more at the mercy of the chart, because I don’t have a lot of room to add.  The reversal signals are there, and today will be very telling.  This thing is volatile, so you cannot have your risk too tight.

 

As usual I will plan my trades, trade my plans, and have patience.  I will be watchful for any big percent gainers this morning, with the intention of shorting anything that is obviously overextended. I am not “all cash” but my one swing is currently in the green.

 

Join Us &

 

Apply for the Tim Challenge Here