Thursday, November 21, 2013

11/22/13 - Watchlist

PGLO - Compressing candles, last 2 days have lower highs and higher lows, consolidating, will crash again soon

ENIP - Nice to be right even though I couldn't find shares to short

STVF - Averaged up today, resistance in the mid ¢.50's, crashing soon

BZNE - Started a small position, will average up tomorrow or next week if need be

NWTR - Did not adjust order down today, seeing that it is Friday might get a mini spike to start a position

AVXL 11% - Traded this one a few times, ¢.50 is always s/r, 2 green days and tomorrow being Friday this might move up a little and become interesting for Monday

ASAB 1.5% - Waiting for a bounce, lots of support @ .¢12ish

Current Positions : PGLO @ ¢.40; STVF @ ¢.50; BZNE @ ¢.46
Orders : NWTR @ ¢.27
Watching :

RULES : Close below $1 on daily for 2 days & have Resistance @ $1; Any big Support needs NOT be evident after hours on level 2; Wait for green day (mini #5); Go in with postion with ⅓ size ready to average in when goes up; Have exit order in place when entry hits; Get out if breaks $1, not before; 40% max on borrow fees; @ least 1 day with no positive tweets; no blue sky
CheckSites: Pumps&Dumps (email); Pennystocks24 (email); MicroCap Trading (email); TickerTweets.com, Promobuyer.net, Pennylogic.com

DISCLAIMER : This list is for entertainment purposes ONLY. I am not a financial advisor and you should not follow what I trade or how I trade.

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