Watchlist for 15th of July, 2014

Hello hello :)

Yesterday was nice. I tried to make at least 500$, since there were not too many stocks to watch. Well I did not reach that goal, I only made 460$. Did not want to risk foolishly to make up to the promise. But hey, 460$ is good enough for me!

About the trades:
As you may remember I mentioned some stocks yesterday, that I was looking at. One of them was TNIB. I wrote: "I want to go long this stock. Has 5 cent downside, 7-25 cent upside. I like these plays and will go in for a long position. Size is less than normal, because 5 cents from 0,25 is 20%. I do not want to risk more than 200$, so I'll only invest 1000$ into this trade."
Well the play turned out quite well, although I invested more, since the 25 cent price range seemed to be holding quite well. 

That was the only trade I took, I wasn't behind the computer for too long. Was outside most of the day, had a stop-loss at 0,205. 
These trades are not making me rich, but I sure can live a hell lot better :) and also my account is growing daily. Over 100K now. The more you make, the bigger your wins are going to be, since you start investing more and more into each trade. 

Watch list for today:
AMBS:

This stock is going to places :) As it is in brake out mode and the price is quite low, I am long biased. May wait for a short pullback to go long. 

ENRT:

ENRT is on board a train heading north. I am trying to hop onto the train if it should brake 0.21$ You do not want to short it when you see first sign of red, might be a short squeeze. Only take a short position when the price action seems collapsing for sure, after volume has faded from the run up. 

CBDS:

Do you see what I see? I think you do, most people do, which is why you need to be ready to close your short position whenever the price start rising again (might be a short squeeze). For the time being, I have a short position. 

NHTC:

Be ready to go long, if it has momentum to grow further. Most likely will go past previous highs of 7.60-8.00. 
Keep in mind, this is an 8 dollar stock, so the potential run up is not going to bee much more than 10-15%. Take your profits accordingly. 

VOIL:

The stock has got my attention once again. It is very near key price range of 1,40. If it can go through and confirms, I will go long. If will bounce from 1,40ish, I'll go short. 

QTMM:

QTMM is going to places. I am looking to short, but as the press releases are kicking in, there might be still room for further upside. You have to see from the price action.

ENCR:

Last but not least, I think that ENCR is going to bounce. I am looking to make 10-20% from the bounce. If not, I will close the position when I go down by 5%. 

I wish you all a good trading day! Oh, and visit http://www.johnsdaytrades.com if you wanna learn more :)

WebRep

currentVote

noRating

noWeight