Stocks are on sale here. I can’t help but to lick my chops here as I go through my momentum screens. I want to buy everything. Can it be that easy from here? Did we bottom on tax day (no bleier)?
Here’s a look at one of my favorite screens inside The PPT for this kind of tape. This particular screen searches for heavily shorted stocks that are up nicely on the day with good technical scores. The following names have the potential to squeeze here, and squeeze hard: CLICK HERE FOR CHARTS
Charts of interest include:
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Which one is your favorite?
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Tie between MXWL and AFOP. Both on continued strength only.
That WLT wants to go HAM
ZU hot too
Buy Everything but SD. That fucking pos has burned this trader once to often. lol
agreed.
VJET is at 14 bucks!?
crazy I know. We should just buy that one.
CSLT another one due for a bounce here.
oh god
That BIOF found its lows 6 trading days ago, never came close to filling the gap. I like ARTX, not in the list above tho, high short interest & it actually has earnings! Wait until 10 a.m. ET and buy on ORB
+1 on BIOF
BTW, what does ORB stand for?
Was gonna ask you for your opinion of TSL but now I know … Hahaha … Thx!
your friend Chess certainly doesn’t think so
No Position in any, but TWTR, ANR, WLT would be my picks. Don’t like VJET. (Currently long TNA, FAS)
You look at all those charts and realize just how bad the carnage has been despite the SP sitting near all time highs. Tons of these names rolled back all the way to last summers prices, in 6 weeks. Sick.
ANR on a double bottom
KNDI…I got filled yesterday with a full position @10.88 and then stopped out at b/e…this may be my biggest mistake