iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Trade Ideas For Thursday

CLF – Might be worth a shot here above Wednesday’s high, 5.33. The stock has landed on the hybrid screen an number of times this week and is pretty easy to manage here. A move below the recent lows of 5.01 would take me out the trade:

Screen Shot 2015-06-10 at 10.09.21 PM________

OAS – If oil is strong, I will look to take this one. Thin pocket above, which can get this one going in a hurry. My buy point is above Wednesday’s high, 17.64, with stop w/ close under 50 day MA, 16.87:

Screen Shot 2015-06-10 at 10.12.35 PM____

AAOI – Here’s another name from the hybrid screen worth watching. A move above 18.42 puts this one in flight. Keep tight stops here:

Screen Shot 2015-06-10 at 10.15.06 PM_____

NYNY – And, for those that like to speculate, let’e keep an eye out on this little bomb. Above 5.43 is your trigger here. Very thin, so keep position sizes small, but worth mentioning due to landing on a number of my screens:

Screen Shot 2015-06-10 at 10.18.36 PM___

And, as a bonus, here is tonight’s iPO screen inside of Exodus:

Screen Shot 2015-06-10 at 10.20.02 PM_______

Note: My activity will continue to be light as we end the week, I am working on closing on a new house before baby #2 arrives. Developing…

See you guys bright and early inside our trading room, 12631.

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3 comments

  1. aggiealum

    Congrats RC!

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  2. Gnat

    I remember one day in early 2008, I had bought a fair amount of CLF a year and a half earlier for a split adjusted $20/share. It was 1st qtr ER time and the stock ran up to $130. I thought about selling but decided the best was yet to come. Nine months later it was $10.

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