Stock Watch 5.5.11 “Peregrinating”
Each day of trading is a journey. Every day you will find an opportunity that will surprise you. I guess that’s one of the joys in trading . You just don’t know what sweet little ticker symbol is going to show up and deposit money in your account. It was another stellar day for us as GENEturned out to be the short I thought it would be.It was another 4 figure day. There were tons more I couldn’t get to. Like SPPI SIFY REDFand LEXG. New set of players for Thursday . Wash, Rinse, Repeat.
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Watchlist GTXI BIOS RMTI BKS Dont take your eye off SIFY REDF LEXG GENE this are still money makers
GTXI
Had this as a buy a few days back. I’m now looking to short. The intra day chart can be unpredictable at times. It seems best to short after a intraday run or bounce. Preferably a parabolic move.
BIOS
Now into day two of the stretch. I think it might be too late to go heavy on long breakouts. The rr just isn’t there. Should be a short opportunity on fades either Thursday or Friday. Preferably Friday
RMTI
I like the look of this chart. Still has room to the upside and will soon be a short. Volume is often low at times but keep this on watch
BKS
In the second wave of a flag breakout. Nice chart set up. It’s another stock that may sit here for a day or two then run again. Eventually I think it sees 13.50
