Stock Watch 5.2.11″No Doze”

Stock Watch 5.2.11″No Doze” Unless you were trading LEXG ( Which I had no short shares of), the

Stock Watch 5.2.11″No Doze”

Unless you were trading LEXG ( Which I had no short shares of), the last two days of April were slow . So this is what the typical trader looked like.

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Monday starts a new month and if it’s anywhere close to April it should be a blast. I may be slightly late to chat Monday morning but I expect you to carry the flag for me 🙂

Longs EXAS CONN LFVN

Shorts:  DF SYMX

Others REDF SIFY

EXAS

EXAS just wants to break out here, more than it has. Strong volume . All the dips keep getting bought. See if there is a good entry Monday within the first 30 min.

CONN

Could be a nice long above 6.65 for a $7 challenge. It may take a rest on Monday so keep this on watch.

LFVN

This could be the beginning stages of a 2 day momo run. Only thing to do here is see if the dips get bought and the volume rolls in. Also this will soon be a short as well as the RSI is close to the 90’s

DF

Still could breakout some more but I’m looking to short. I would like to see a move to 11.70.

SYMX

It’s either resting up here for another leg up or it folds. I would only short this under 3.80. If it gets to the 4.30’s it probably will challenge highs of 4.50’s

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