Wednesday, March 4, 2015

Trade Ideas for Tomorrow $BAS $BIOC $ADXS $OREX $DVAX $RPTP $XIOP $XON $CLDX $MSTX


BAS beautiful setup on watch for tomorrow along with the oil sector

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BIOC I have position on, got a perfect short in the 3.70s on the ramp para at the open, held all day and swing overnight.

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ADXS right from yesterday's scan washout out lower low and red to green. Beautiful setup today  but I got out way too early! Nothing wrong with locking profits...but I should have traded around the core and keep some for the bigger picture. For tomorrow, I'm looking for shorts on para only

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OREX still very crowded.. monster 0.60cents dump in the afternoon. Scarry stuff. Will short on all pops from now. Hopefully, gap up para for short

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 DVAX ideally gap up para for short

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RPTP monster insider sells. I''ll have to have look at the fundamentals in case there's something fishy before the open tomorrow morning. On watch though

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 ZIOP on watch with XON again. One big push ideally for the real break. Don't forget that this thing is up since October from the low 3s. Always keep the big picture in mind. Trading the back side only

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 CLDX red to green on consolidation for ramp. I'm not interested to short ...yet.

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 MSTX former runner grabbed some 0.56 this morning big gap after hour. Congratz! ;) This will run. I'm sure of it now. Breaking out of down trend on volume

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Tuesday, March 3, 2015

Trade Ideas for Tomorrow $PMC $JRJC $XON $ZIOP $OREX $ADXS $NES $BIOC

Not a great day today...  first off I missed BIOC. Shorted premarket around 8:15 and loaded risk based on 4. It went up to 4.1 and washed out. After that, I was hoping for a higher push that never came. Very frustrating as I was totally short bias on the stock.

Then, we had OREX.. got late in the game and like everybody else I was hoping for a short squeeze (day 1) but nope not this time. I guess being a pig does not necessarily work every time. Lesson learned

Long Watchlist for tomorrow..  I will only be trading the one that sticks to the plan below.


NES will get long if it breaks above previous res on vol at the open

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 ADXS only if it gaps down and break premarket high on volume. Ideally, we see it push through 11 then short for fade

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OREX  gap up, para at the open and short. I'll be looking for a similar fade tomorrow through the day OR gap down, wash out set lower lows and red to green type of move for ramp.

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XON washout red to green ramp. I'll watch ZIOP as well (sympathy play)

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 JRJC former runner wants higher. Will look for .5 break on vol only

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 PMC ideally gap up ramp at the open for a nice parabolic short

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Happy trading folks. As for myself, I will be focus on consistency, patience and entries. Not forcing any trade after today