teisipäev, 26. august 2014

Watch list for 26th of August '14

What's up guys?
I hope everything is well and your bankroll is growing as a result of trading. Mine has been growing for a while now, although there have been some set backs, I have never had a losing week. This has been possible with my firm rule that I will not lose more than 5% in any single trade.

For yesterday, what did I do? Remember I mentioned DRIO, in yesterday's watch list. I said it could bounce 30-40%, well it did a nice bounce of 48+%. I managed to catch 20% of it, but it was a nice 300$ profit for me.

For today:
LLLI - a big grower from yesterday.
Does it have more power to run or will it retrace? Either way the move is going to be over 10% for sure. Remember to only trade when there is volume.

SBOTF - has had a nice run. It is not sustainable in the long run so I am keeping an eye on it.
CTIX - this youngster has grown for a while now. I will keep an eye out in order to short it. I will wait for more volume though.
AFFY - is interesting again.
This stock caused some trouble back in 2013. Now it is edging higher again and made a huge move yesterday. Will be looking forward to what it can do onwards. I would like to go long on this, but will see from the price action.

INCC -
This is a low penny stock. The moves can be very quick, which is why you need to be present during the trade. Will take direction indication from morning price action.

Have a good time trading! I sure will :)

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