Watch list for 28th of August '14

Ello,

Yesterday was cool..DDDX, I called it in the watch list, was very weak from the beginning, I managed to get a short position at 0,94 and sold during the first bounce @ 0,77, I did 3K shares so the profit was 508$. Although, keep in mind that a lot of brokers have the 2,50 rule. Whenever you short a stock that costs under 2,50, they will book 2,50 per every stock.

DRNE kept falling, I took a short at the first bounce after the initial fall @ 0,85 managed to cover at 0,76 so not so big gain percentage wise, but still +120$
JSDA gained 14+%, but unfortunately I noticed it too late, you need to keep an eye on the stocks that are in your watch list all the time, whenever something happens, you need to be ready. I missed a change to make at least 10% :/. So 628$ of profit yesterday. Quite OK day, could have done better, but it's ok :)..

Watch list for today:
SBOTF - is still interesting, I am waiting for it to crack and fall a lot, but it may take some time.

As you can see, it can fall a lot and next support level will be 1,50 if it should start falling hard. This would mean 30% gain :)

MSLP - 

This has decent volume and some nice parabolic move. I am looking what it'll do next. If it brakes, next stop 13 and then 12. 

DRNE: It might bounce more than from it's yesterdays lows, although next support is 0,60 so it can go lower also. 

MRNA:

The stock has risen for some time and might be getting interesting as it is in the 1,00 price level. This level is always interesting. You need to get the direction of the market price action before taking a trade or deciding on the direction.

MCIG:

Last time the stock was at 0,35, it bounced back to 0,60. Now it may bounce again, but I would be happy with 10%. 

Happy trading guys! If you want to know where to get more ideas, check out my homepage@ http://www.johnsdaytrades.com

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