Stock Watch 4.6.11 ” Space Junk”
As you no some junk is floating around in space threatening astronauts. On our market front there is also a lot of junk floating around to super human highs. Doesn’t matter I can make money long or short. The best thing to do is take the longs when you can and wait for the short to open up. At the top of my list is VHC. The RSI is now in the 90’s and it’s broken above just about every overbought technical level. Also looking at WRPT DAC INHX and MCP. See you Wednesday and trade like a space junkie.
Longs AAU PWAV HNSN Shorts DYNT TXCC
AAU
Nice trade for those who got in early Tuesday. This is a massive run for this stock and I’m not sure it will launch tomorrow. If so I’m looking for a run to 5.25/30. Wouldn’t rule out a short on this either
PWAV
Consolidating right in the 4.60. A move above 4.75 could easily run this straight to $5, This is a nice chart set up.
HNSN
I bought some of this at the 2.39 breakout on the daily. I’m looking for a continuation and a breakout above 2.60
Shorts
DYNT
Looking a little stretched up here. Lately these parabolic runners keep going so watch closely for a fade from spikes. If it gaps down I won’t short it
TXCC
I still like this as a short. The price is inflated here and I just need to find the right set up to start a position.
