Stock Watch 3.9.11 ” Yo Yo”
Market is still like a yo yo . Up huge down huge. Since we had a +150 market Tuesday does that mean Wednesday we’ll be down- 150? Makes you wonder what all these institutional traders were thinking the day prior. I don’t care because I love it. I had an awesome day again and this volatility beats those snoozer days. Wednesday, trade like a 400 pound gorilla
Watchlist JAZZ TIII GAME BLTI INPH EGHT
Previous Watchers still in play: KV.A CELL CALD SSN LEI ROYL ATRN
JAZZ
This thing just keeps inching up. I’ts only had 1 down day out of the last 11 trading days. I dont’ find anything significant here. Look to short on the first red day.
TIII
This was a nice gainer for me Tuesday. I was long. I’m now looking at shorting the first signs of weakness.
GAME
This is a gorilla chart. I wanted to buy a pull back Tuesday but there wasn’t one. Look to buy early and maybe short in the afternoon.
BLTI
Another solid flag breakout. his move was backed by patent news so I would expect this to run more Wednesday
INPH
I want to look at this as a short. Classic double top on the daily but Tuesdays run will be hard to sustain. Looking for a 10% decline in share price.
EGHT
Another good long for me that I now want to short.
