Tuesday Stocks Some Dry Up; Some Not. ARD BBC ENG FTEK MIND NCTY NDAQ SMSI TRLG Thoughts? - Spydertrader
I just got done running the RANK Scan 1.0 and came up with the following 27 stocks (haven't yet gone and checked out to see which ones meet criteria): Symbol AKAM ARD ASPV BTUI CAS CFK CRED CTRN DXPE EMKR ENG ERS FLOW GMXR GROW IIG IKAN KNOT LMIA MEK NSSC NUAN NWRE RACK REDF TFSM Started with 97 stocks
Just got back from roadtrip to visit friends tonight... I hope ENG pops sometime soon, I am still in that position from last week... I am also stuck in CKCM, I really don't like how it bounced down off the MA from the wealth lab chart script... looking to exit that one soon Oh well, this is what I get for sticking with bad trades... this has happened before... I see some success (see my post a while back where I didn't make any losing trades for 2 weeks, hehe) then get caught with a bad one, and give a lot of profit back. Gotta work on that...
Good evening Spyder. I have been following your Journal for a long time, I enjoy the civililty. ARD: I like this pick. Currently in a uptrend, nice pullback. Stochastics crossing up. Entry above $37. BBC ENG: Both of these are in the beginning of downtrends. ENG is turning up on the Stoch. though. These two stocks remind me of two others brought up as candidates over the last couple of weeks....BNT CTHR. FTEK: is interesting. Still in a uptrend. If this pullback is finished (Stoch. turning up) I will monitor this one if it can get back to $16 MIND: Have been following this stock since 4/10 when I thought a new uptrend had been established, I had been hoping to purchase during a pullback. This pull back worries me, could be the beginning of a new downtrend.????? NDAQ is similar. SMSI: Looks like uptrend has resumed. TRLG: In a down trend since March, could be interesting at the $19 resistance. Not sure if this is what you wanted Spyder when you asked for "thoughts"? Good luck on Tuesday everybody. Dan
Thank you for the detailed analysis. I appreciate the time spent to provide it. Actually, I had in mind that others would post the stocks that they planned to watch for tomorrow, but again, I do appreciate you providing much more than requested. Good Trading to you. - Spydertrader
Here is my list of dryup stocks that I will be watching. BNT CNTF ENG GMXR IVAC MEK NGAS NGS REDF SFCC TASR TWGP BNT CNTF ENG GMXR IVAC MEK SFCC TWGP are all near the bottom of their respective channels IMHO Gooch87
I'm still in CKCM myself. Like an undisciplined idiot, I didn't exit on the 5% trailing stop yesterday like I should have. It may bounce today and I'll take the opportunity to get out on better terms. In any case I'll be out of CKCM today; the 4 day time stop is today.
My lists for Tuesday: ROCKETS BEAV TS (entered yesterday) JOYG MDR Bruno's LMIA ACO ABB KNOT ARD (have position) GPN TRLG CIB Just like the looks: NTES Doug ps to S: SMSI is up almost 6% after I got your "signal" to buy. I exited at the UTL break, thanks again.
Exited NCTY when price hit my stop selling at the 29.45 price point. Loss on this trade -$224.00 USD. - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1050112>