Stock Watchlist 11.26.10 I’m Stuffed!
MITK AFFY MGIC TQNT LNG APRI ATML
Wednesday was a monster day for me. I traded more that normal Wednesday but it was all good as I run the table. It was just one of those days. Friday is half day of trading so the first hours are where the action will be. Could be low float mania. After that we can all get back to stuffing our faces.
MITK
What a killer pattern on this. Currently being pumped by the same crew behind RITT so I think this plays out the same. Love this as a short but I will have to wait for the pumping to stop.
MGIC
This was a huge play on Wednesday. There is still more room below for this one.
AFFY
Took a short on this one Wednesday. The chart faded nicely but the gain wasn’t that much. This stock is up a lot so plenty of room below. Hope it doesn’t open lower by 5%
TQNT
I lost on a short a few days ago and obviously that was early. This thing is mega bullish but it has to be corrected at some point. keep an eye on this one
LNG
Another short candidate. I really think this fades as it looks real week up towards the highs. On Wednesday the pattern just never set up.
APRI
Sneaking back up some approaching short or breakout territory. Stock has been in an uptrend but it seems lofty up here.
ATML
Broke out on the daily but this is a slow mover. I’ve shorted it before but it was uneventful. I should have bought it since I posted it on the watchlist and drew a bull flag breakout. I will keep it on the watchlist for now
