Watch List for 5/31/17 from Alex

 

Investors Underground Tax Back [SALE]: https://investorsunderground.com/s/mrR5n

Was an absolute pleasure to do an IU interview! Be sure to check out the blog and interview: investorsunderground.com/s/dCWh6/

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CYTR: This was the only stock I played today. I ended up taking a tiny loss on it. Basically was playing on a day 3 pull back. But for whatever reason it held up really nice today. Impressive to say the least. I will be watching it for pops tomorrow. Ideally a morning jam on $1 and then sit back. Day 4 tomorrow. Will be my main watch for sure.

DRYS: Going to ease back in short on this sucker tomorrow. All pops risk $3+ Looking at TOPS chart makes me think there is still plenty of room for this sucker to go down. I don’t want to look back in a few weeks and see it at $1 and be upset I didn’t capitalize on it.

NIHD: Failed follow through today. Watching pops tomorrow risk on $0.90s to get short. If it breaks and holds $1-$1.10 It can def go higher. Don’t underestimate it.

EXAS: +++ news a/h. Nearing chart breakout. (Trading above $35 as I’m typing this) Citron shorts probably stuck. Will be watching dips/washes tomorrow for a long.

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1 Comment

  1. Nice, I’ll be watching EXAS, please correct me but I see it on that 30 test, gear and perk, kinda of a multiple time frame breakout? (*Off text book trading) is that what see in it? If it opens weak, perhaps look for the minute chart to gear and perk for a red/green move, size carefully and set risk of the basis support if it finds it, look for the reward to go red to green? Any and all corrections to my thinking welcome please, as I try to really seek to understand the anatomy of set ups better. Awesome..

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