Playing small and it’s working! + Daily specials for 8/14
New day new week. August has been a up and down month so far.
I reduced share size to 1/5~1/4 so I am less emotionally attached to trades. Today I did about 10 trades and it was mostly profitable. There were 2 small losses but I managed to kept it minimum. Not much of gain but what I need now is wins to get my confidence back.
Probably I will focus on morning trades and after that I will stick with my good ol’ bounce and para s/s plays.
charts of the day
High ADRs Under $5: ES ATPG SVNT PSTI HEB MTG PPHM NSPH ALXA ASTI PZZI UEC DVR HEB AMRS CPRX JSDA MERU EMAN INO PWAV KWK DCTH YONG OTT ZLC
High ADRs $5~ 20: RIMM GRPN PCS CTRP SGI WZE UBNT FSLR MMR EDU MINI VELT XNPT LPX BAS
High ADRs over $20: ACTG CONN DK TRIP MNST IPGP IOC APEI FMCN WNR VC CRUS GMCR HLF PANL BSFT DDD VECO CREE
Pump&Dump Type/OTCs: FLXT NNVC SMAA EKDKQ CRM MLNX
Under $0.1: GYST BBDA
TOP WATCH: PPHM ALXA PZZI AMRS CPRX TSO ES GRPN VC
PPHM: Hoping for another pop for s/s. Probably can’t find shares but I will try early tomorrow.
ALXA: r/g or gap and pop crap type play.
PZZI: s/s bias but can keep slow grid up still.
AMRS: long bias. might go long on dip.
CPRX: it’s at 52 wk high area. s/s watch if squeeze and go para.
TSO: probably my top watch for tomorrow. Hopefully nice pop at opening. If gaps, that will be even better. $40 area fail watch but possible more to 42~43.
ES: another para s/s watch. Probably smaller range tomorrow.
GRPN: crushed in a/h. No bias yet. Watch for opening move or pre consolidation and perk move.
VC: If this can go to 45~46 will be interesting for s/s. Opening pop for s/s watch. Possible r/g too