daily specials and today’s review

I over-traded today. Opening was pretty good as far was entries go. Shorted into SNTA oprning pop, longed XOMA before breakout… but I did not managed exit well.

One thing I should have avoided today, especially at opening was having too many positions. I think 2 or 3 is max for me to properly watch all position and look other stuff for further opportunities. If one of them is relatively lower volume like SNTA, I really should limit my position to 2.

Thanks to PCX and other end coals bounce play, I was able to finish my day near break-even, but I ended up paying a lot for fees.

For the rest of month, QUALITY NOT QUANTITY is my goal.

 

SNTA s/s into opening pop. Good entry, really bad exit. Too many position to watch this one at that time. Needed to watch r/g 6.5 area to lock in profit.

SNTA opening pop ss

 

HZNP bounce play. Usual stuff

HZNP bounce

 

XOMA opening long

 

ALEX long for off perk anticipate r/g. Failed but good stop.

ALEX long

 

BPI 1st bounce(fail) then flip for s/s(success)and 2nd bounce (success)

 

GMCR long off perk. Failed and took the small loss

 

STZ long for daily chart b/o. Small loss.

STZ long

 

QCOR bounce play. Wanted s/s play but no shares. Kinda forced myself to go long play without waiting for good support area(55).

 

WLT s/s sympathy play of PCX

 

JRCC bounce play for oversold reaction of PCX

 

High ADRs Under $5: ATRS CEDC GALE NSPH DCTH JMBA ANTH NBS GNOM RNN QTWW AMPE ISR CPRX CBRX PSUN HDSN PRMW MERU PTN MY FVE VVTV ASTX ATHX NVAX TTNP CYCC DQ KUTV JRCC KERX AMRS

High ADRs $5~ 20: OREX SYNC ISIS SSH OSIR BPI PPC SIMO ANR RVBD KRO CROX APKT CIEN PAAS SFD ARNA ARUN AGO AKRX OSUR SWHC LF RES MAKO

High ADRs over $20: ALEX PCYC WPRT WLT BTU RHT SWI SOHU INFA CVLT JOY LMNX MELI CHKP ADSK N CRM VMW PSMT CFX DF NFLX QCOR WCG DDD

Pump&Dump Type/OTCs: ONCS EKDKQ PBSOQ TLON ZSTN GNUS ADMT PCFG ONVO SNPK

Under $0.1: MSLP TECO GYST NVDL UBRG XSNX CYCA ACTC

TOP WATCH: ATRS OREX SSH JRCC OSUR ISIS

 

 

About Katsuhiro

Copyright © 2012 chefstrades.com. All rights reserved