reviews and daily specials for 10/08

Posted by: Katsuhiro, October 7, 2012 at 7:02 pm Comments: 3

INFA bounce play saved me from PCS fat finger. Bounced pretty good last time gapped down. It did the same from 24 support area. Nice to check long term support somtimes.

Tried s/s after 2nd unhalt but fatfingered.. Erased most of last week’s gain.

Idea from IL scan. Would have been nice if it popped higher but decent fade. Will be watching this week.

Fade playoff resistance area.

Streetsweeper tweet play. Usually fade big after initial bounce but didn’t happen this time.

High ADRs Under $5: DCTH CVM ABHD TEAR LXRX NTS PURE CDTI CUR STP REFR KEM CLRX VRNG ZGNX IQNT ACAD

High ADRs $5~ 20: PCS LEAP RIMM PPP SNSS ALXA CLSN XNPT TNGO SIMO RPRX FONR CUI TAX ABFS QLIK MM NTE SFUN SNTS ACHN MDRX FTK CAMP SAND GRPN ZLC NIHD INSM CTRP KBH PCS

High ADRs over $20: SRPT FSLR SRPT GMCR SPLK LQDT DECK CMHG CTXS INFI AFFY NSM PAY WPRT ONXX LEN NFLX

Pump&Dump Type/OTCs: TAGG STTYF MDMN LQMT PGLC PSON IMUN ENKL COPY LBAS AMPW OHRP

Under $0.1: BTHR

TOP WATCH: PPP SNSS FONR CMG ACHN

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About Katsuhiro

Cath

Hey Katsu,
Great post, I really love your trade reviews! It’s been helpful for my trading as well!
How did you catch the bottom on INFA? Was just wondering if you found clues in the volume, or something else? Do you use RSI, or MACD, or other indicators?

Thanks for your help!
cheers,
Catherine

Katsuhiro

Thank you for your comment Cath! As you may already noticed, I like bouncer plays. When I see over 8% losers on my TOS scan, I check see if there is anything moving with enough volume. Just like you see on my TOS chart, I only use Multiple time frame charts with vomule. When I see what I call “3rd stage+”sell off, I try long if it’s reaching support area. In this case, INFA did 1st stage at 7:45, 2nd at 8:20 then the 3rd sell off at around 8:30. It reached support area of 24$ and dipped lower the n bounced. It does not always stop at 3rd stage but for me risk and reward is good enough to give it try. Hope this helps you. Good luck!!
katsu127

Thank you for your comment Cath! As you may already noticed, I like bouncer plays. When I see over 8% losers on my TOS scan, I check see if there is anything moving with enough volume. Just like you see on my TOS chart, I only use Multiple time frame charts with vomule. When I see what I call “3rd stage+”sell off, I try long if it’s reaching support area. In this case, INFA did 1st stage at 7:45, 2nd at 8:20 then the 3rd sell off at aroung 8:30. It reached support area of 24$ and dipped lower teh n bounced. It does not always stop at 3rd stage but for me risk and reward is good enough to give it try. Hope this helps you. Good luck!!