01/11/2016 Trade Status for $ATV

I want to go over this ticker today $ATV.
1st) This is a former runner. 2nd) Yahoo news today and premarket moving from $4.00 to $7.00.
My plan here is base on the premarket action and go long if it's break the premarket high $7.47ish.
I start in my position around $7.65ish as it break above $7.47 and wait for it to hold. I added a little more $7.74 as it's hold the $7.47 level and heading higher. Exit my position at $8.71 and $8.62.

I start in short as it break below $7.47 premarket high but didn't hold $7.10ish so I exit that short position with small gain. At this time I am looking to go long again if it's holding the VWAP and move volume to break $8.87ish previous high. This is a breakout play. I cover along the way to $9.50ish and $10.01ish.
In the afternoon I start in short around $8.01ish for break below $7.91ish level and cover around $7.45ish..

Pattern using from this trade is: Base on premarket high breakout and short on "HIGHER LOW", "HIGHER LOW" pattern. The trade in the PM is base on fail support $7.91ish... It's the same reverse pattern of breakout.




My tweet before the drop happening. I wait for the setup come to me..

Setup go as plan and exit position.
Hope you enjoy reading. I could have trade better from this ticker today as going long and going short. But I decided not to do much on the way down.

01/11/2016 stock watchlist:

01/11/2016 stock watchlist:
MEET,REXI,EMAN,NGL,ATHX,FCEL,WTW,ARIA,CYTR,INVN,SYRG,CMRX

http://finviz.com/screener.ashx?v=211&t=MEET,REXI,EMAN,NGL,ATHX,FCEL,WTW,ARIA,CYTR,INVN,SYRG,CMRX

1

01/08/16 Trade status for $SIEN

I want to go over this ticker $SIEN today. $SIEN was on the gap up very nicely premarket, therefore I put it on my watchlist for morning potential play. Just watch it move on premarket high is $8.84 and doing the "1st LOWER HI" ~$8.51 "2nd LOWER HIGH" ~$8.26 as line shown below. So my plan is to risk base on those 1st & 2nd lower high value. I watch out of the gate and drop from $8.00ish to $7.55. I start in short small starter position at $7.60ish and plan to scale in as it move higher up to my 2nd($8.26) & 1st($8.51) risk level. I want to short some more but I accidently hit the wrong hot key that cover some of my position. Then it's just drop right back below $7.60ish. I start to short some more around $7.55 and $7.47. Cover 1/3 of the position at $6.95ish. Using the house money to short more with the new risk around $7.07 as line shown below. Then I cover more at that big wash $6.40ish and $6.20ish. I short some more on that pop $6.55ish risk the previous low around 10:00am plus the previous day close $6.58 and goal is to cover under $6.20 but it's getting to the lunch time and perking up so I close out all position around $6.45.. Call it a weekend.

Thank you for reading. Enjoy your weekend. I'll see you next week for more trade status.

01/07/2016 Trade Status for $SUNE & $EARS

I just trade these two tickers today $SUNE and $EARS.

Let start with $SUNE. This ticker is huge sell off premarket. My game plan is to see how it act out of the gate. Market open, pop to $5.00 and fail, then $4.82ish fail. That give me a confirmation of "HIGH" and "LOWER HIGH". I start in short risk the $5 and give me room to add up to $4.8ish. Remember this is SELLOFF premarket and bad news on yahoo. So my conviction is strong... 

Holding my short average ~$4.68ish. I take off some at $4.50ish for safety because I saw the drop to $4.35 and come back up.. Then the fun start to kick in, pop to $4.60ish and drop below $4.45. At this moment I am strongly see that it's moving in my direction so I load some more short and cover some at $3.90 big drop. I'll add all pop using the house money and risk $4.10 or $4.20ish then I cover the rest at $3.56ish.. I miss the $0.50 easy drop.. Overall great profit....

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Next trade is $EARS. This is overextended chart. I start in short $6.95, $6.93, $6.80 because I saw it fail $7.11ish that is the risk level. Quick drop $6.65 but couldn't cover and it's rebound to $7.11 and fail, rebound to $7.11ish again. I saw the move "HIGHER LOW" and "HIGHER LOW" and it not doing what I want it to do so I exit the position at $7.11 for a small $200 loss. Once I start to cover then it's start to drop to $6.52ish. This trade plan is good but I am not patience.

01/08/2016 stock watchlist:

01/08/2016 stock watchlist:

$MEET,$HMY,$REXI,$LEI,$EARS,$INVT,$SUNE,$ARDX,$TVIX,$UGAZ,$GFI,$EMAN,$CCXI,$SALT

http://finviz.com/screener.ashx?v=211&t=MEET,HMY,REXI,LEI,EARS,INVT,SUNE,ARDX,TVIX,UGAZ,GFI,EMAN,CCXI,SALT

1

01/07/2014 Watchlist Trading Plan.

Here is my watchlist trading plan for 01/07/2016. Each night I put together the scan and my simple plan as follow on the excel spreadsheet and wait for the setup to come.

Date	Tickers	Long or Short	Setup
1/7/2016
	EARS	s	long if hold 8.00
	HTBX	s	watch 4.75 breakout
	HGG	s	fail 2.50
	LEI	s	on pop
	REXI	s	fail 6.50 or go long
	LPTH	s	fail 3.50
	MEET	s	over 4.50 or 5
	HMY	s	fail 1.50
	MITK	l	hold 4.40
	COOL	l	over 1.80
	SSN	s	fail 1.75

Recommend Trading DVDs.

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