I had to step away from trading today and do some school projects that involve my applying to medical school. I didn't get to scan as many stocks as I usually do and I know there are much more plays out there. This is my shortest watchlist thus far, but here are a few stocks that I'm going to watch for some red action for Tuesday with the hopes I can start November in the green:
PLA - Today was it's first down day, closing red at -5.26% today. The chart hasn't done much until Friday, so I'm looking to take a short position and ride it down. I'll be up early reserving shares of this stock to borrow. The early bird gets the cash, not the worm, in my world. What a beautiful chart, by the way!
LCAV - Closed red at -10.82%. Another beautiful chart!
NAK - Another beautiful chart with its first down day closing red at -11.71 today!
ZINC - Closed barely green today at 0.29%. Up about 53% since last Tuesday, so this stock might be running out of gas and it could a short in the very near future. I'll be watching this one, hoping it finishes red for the day.
VHI - Up about green about 85% since last Monday and finally red today at -1.12%. Nice looking chart also. I tend to shy away from companies over 1B in market cap, but that's just me. I'd feel better taking a short position after another red day following an afternoon fade though.
LNG - This one's still climbing, up green at 19.52% today and it still has lots of volume. I actually had the thought of playing this one like I did LBAS a few months ago, riding it up with a tight trailing stop. I profited by going long on LBAS for a few days.
Subscribe to:
Post Comments (Atom)
Posts
2 comments:
I have a noob question. How i reserve share at TOS?
You can actually reserve shares to borrow by just calling a trade representative and they will walk you through it. Or you can simply open up a chat window and ask the trade rep to locate shares for you to borrrow in order to short them.
Post a Comment