Sunday, November 6, 2016

Current Trade Ideas - Updated 12/4/2016

NOTES:
Charts below update daily with the most recent market prices.
All posts are just my thoughts and not investment recommendations. Trading isn't easy, do so at your own risk. I may or may not be trading these stocks at any given time.

As you can see, I have updated the way I will post trade ideas in order to make my watch-list easier for you all to follow. I will keep a rolling list of my working trade ideas on the same post and update it with ideas two times each week. If there is a stock I am currently trading, or hoping to trade soon, it will be on this list. If a trade plan does not work out, I will take it off of this list. If the page begins to become to bogged down with ideas, I will keep the best ones on and remove the others. Much more simple. Let me know what you think!

Still some great plays going. Added a few more for this week. Good luck everyone!

Last update: 12/04/2016:
Date added: 12/04/2016
Price when posted: $15.02
Looking great for a break out over $15.. if it can break and hold over $15 I think I woulf look to sell on the way up to $20-22. Risk to $14ish

Date added: 12/04/2016
Price when posted: $1.24
Dead cat bounce potential here. Great risk to lows also of like 1.15. Target of $1.50ish, maybe hold some for $2 magnet... but that is a big maybe.

Date added: 12/01/2016
Price when posted: $.48
This chart is just primed for a break out. Needs to break and hold well over $.50 and this could really get going. Max risk to $.46ish.

Date added: 11/16/2016
Price when posted: $2.99
Like this because of the recent volume and because Trump is looking at plans to give FNMA earnings back, rather than having them all go to the gov. Buy a break over $3 and sell on way up... not exactly sure what kind of target I have for this. But a good stop loss is 2.80.

Date added: 11/14/2016
Price when posted: $4.30
Need a break and hold over 4.40-4.50 on HNR. If we can get that I'm thinking 5.50-6+. Risk to 4.

Date added: 11/10/2016
Price when posted: $6.65
Looking for a nice rebound. Risk at 6.50ish. If it pops over 7 it could get going.

Date added: 11/6/2016
Price when posted: $3.52
Gapped up after hours all the way to 3.80. This may have found a bottom, good opportunity for a rebound play here. Would like to buy as close to 3.50 as possible with a stop loss risk to 3.25ish. Targets of 4, maybe 4.50.


Date added: 11/6/2016
Price when posted: $8.34
Looking for a pull back to 8.20-8.30 for a breakout over 8.50. Looking for 9-9.50. Risk to $8.

Date added: 11/6/2016
Price when posted: $12.18
Looking to buy a dip down to high 11s or $12. Think this is a solid mid term hold risk to like 11.50.

Date added: 10/30/2016
Price when posted: $7.00
AMCC is a semi-conductor/circuits company that has just beat earnings forecast for the seventh time in a row. They are still losing money, but with the news of QCOM buying out NXPI weeks ago, semi-conductor sector is pretty hot. AMCC has been in a wedge since August of 2014 and it is right up to the trendline. I like this for a long if it can keep decent volume and hold above $7. There is resistance at 7.50, 8, 8.50, and then next resistance is at 11. I would use all of these as my sell targets. This may be a mid to long-term trade idea. I won't post the chart, but I have essentially the same plan for INVN, another semi-conductor company.

Date added: 10/30/2016
Price when posted: $18.49
DF is Dean Foods. They jumped huge on takeover chatter, which may very well be legitimate. DF has over 25% of its float shares short.. so if it can continue higher, shorts will be screwed and squeeze the heck out of this. I think I want to see this closer to $18 for an entry maybe even a little lower. I would use 200SMA as a stop-loss guide (around 17.75). If it can break over downtrend I wouldn't be afraid to add more shares.

Date added: 10/16/2016
Price when posted: $11.48
Posted weeks back to buy a dip to $11.50 looking for 12+. That already happened, now we want higher. I think we can rip higher on 10/31, target to 200SMA. A break and hold over the 200SMA means we could see $14-16 near future.

Date added: 10/18/2016
Price when posted: $5.60
Been pretty confident about this one, but I might have to take it off soon. Didn't hold above $6 like I was hoping. My stop is probably 5.40-5.50. However, initial plan was that if it can break and hold over $6, I like it for a long term hold.

BONUS
I hate to brag and I am completely done with this trade, but every once in a while you post a trade and it goes so perfectly you just have to bring it back up. Trade idea was posted on 10/2/16 at a price of $4.79, AKAO consolidated around $4.75 from the beginning of October until mid-way through the month, then it pops above $5 and trends all the way up to $5.81, giving us plenty of opportunities to sell at or above my target of $5.50ish... then when it can't get through resistance she falls all the way back down. This is a prime example of why I use technical alaysis! Check it out below. 
AKAO (Achaogen Holdings, Inc.)
Stock price when posted: $4.79
"Achaogen, Inc., a clinical-stage biopharmaceutical company, discovers, develops, and commercializes antibacterials to treat multi-drug resistant (MDR) gram-negative infections in the United States." - Yahoo Finance

Nice breakout on Friday. This may be couple week long trade to actually pan out, could be sooner though.


Trade plan:

+ Buy between $4.60 and $4.75, stop out at $4.50
- Sell some shares at $5, keep rest to sell on way up to $5.50

Saturday, November 5, 2016

Closed Trades

WIN!
Date added: 11/6/2016
Date off: 11/28/2016
Awesome. Hit around $11.80 from my call. That's about 27% gain in just a couple weeks!
Price when posted: $9.32
CMCM looks way oversold here. Wouldn't get started on the trade until it begins a rebound and starts to trend up a little bit. Stop loss is down to all time lows around $8.75. Good target may be the 200SMA if it starts to turn around. 

ENDED OKAY...
Date added: 11/6/2016
Date off: 11/23/2016
Merged with TSLA so it doesn't exist anymore.
Price when posted: $20.18
Back on my watchlist. Again need a break and hold over the downtrend line. $25 in sights after that. Risk to $20 or break under trendline again.

WIN!!
Date added: 11/09/2016
Date off: 11/23/2016
Hit 6.70s. Great trade. Was consolidating between 6-6.50, but just dumped when IBB had a bad day.
Price when posted: $5.56
Same ideas as ZIOP and PDLI. Great breakout. Hoping for one last big push before it fades back or consolidates. Stop at 5.40ish.

WIN!!
Date added: 11/09/2016
Date off: 11/23/2016
Hit that downtrend line and sank right back down. Awesome though, hit 7.90s!!
Price when posted: $6.10
Bought yesterday at 6.10. On top of the biotech breakout, this had its own huge breakout. More risk buying up here but there is potential for $8 land if the market permits.

BIG WIN!!
Date added: 11/09/2016
Date off: 11/23/2016
Awesome awesome trade. Hit $3.51 a few days ago then turned for the worst so I'm closing it out.
Price when posted: $1.98
I bought yesterday at 1.98, stop at 1.80. Still hoping for more continuation in bio land.

WIN if you sold before the offering...
Date added: 11/09/2016
Date off: 11/15/16
Worked great from 3.34 to 3.80. Had a stock offering after hours that killed it. Went from a great win to a loss.
Price when posted: $3.34
Same idea as ZIOP. Great breakout. Risk at 3.30 now. Not sure how much more is left for this, maybe 3.60-3.80. 


Date added: 11/14/2016
Date off: 11/15/16
Had no follow through so ended up selling before the wicked plunge.
Price when posted: $13.99
If BTUUQ can break over $15 and hold, it will get going very fast. I'm thinking $20+. But, this illiquid stock can crack down just as fast as it can break up. I would say max risk to $12. Since this stock is OTC finviz.com doesn't have it. I'll update chart as necessary. 

Date added: 10/30/2016
Date off: 11/10/16
Didn't bounce with the rest of the bio stocks so I don't have any more faith in this.
Price when posted: $4.75
Missed the real break out on CETX, but I think there is good mid-term potential on this. What I would like to see is a dip down to the 20&50 SMAs around 4.25-4.40 for a buying opportunity... as long as it can hold trend after that my targets would be 5.50, 6, and if it can break 6-6.50 it can really pick up some speed. 4.6m float as well, so if it keeps heavy volume it can get good!

HUGE WIN!
Date added: 10/30/2016
Date off: 11/2/2016
Hit targets the day after posted then faded off pretty huge. $1.25!!!
Price when posted: $.79
Got to this party pretty late as well... but there is potentially a lot more fun to be had. If NVCN can break and hold over $.80, I am interested to buy, then $1 is the easy next target. If it can break and hold over $1, 1.25 is next... and a break through the 1.25 area leads me to believe 1.75 is the next target. I know that seems farfetched, but anything is possible! Support is at .70-.75, so I'd probably keep risk to that level.

Barely a win... but a win none the less.
Date added: 10/30/2016
Date off: 11/2/2016
Had a nice rebound to $3.30 the day after posting. Faded off after that.
Price when posted: $3.00
No real plan here. Just on watch for a big one to two day rebound. Then will take it off. I would buy into a trend change and sell when it gets over-extended.

Small loss. Can't believe it. Jumped 30% after taking off watch!!!
Date added: 10/30/2016
Date off: 11/6/2016
Wasn't able to follow through at all. May turn into a nice short at this point.
Price when posted: $9.45
Back out to the weekly charts on ENVA and you'll see why I like it. Could be a long term breakout coming soon. Just broke above SMAs on decent volume. I'd like to buy around 9.30 area risk to 8.90-9ish. Target of $10, then $11.

Sunday, October 23, 2016

Stock Ideas for the Week of 10/24/2016 - 10/28/2016 - WEDNESDAY'S UPDATE

NOTES:
Charts below update daily with the most recent market prices.
When introducing new terminology I will try and link the word to an Investopedia article about the term.
All posts are just my thoughts and not investment recommendations. Trading isn't easy, do so at your own risk.

VIEW LAST WEEK'S TRADE IDEAS HERE

UPDATES WEDNESDAY - 10/26/2016:
Man this week has been rough. Not a whole lot moving... and the few that move I have missed out on. Looks like none of the ideas from this week had any follow through. ZAIS looked okay, popped to 2.50 for a few minutes but then tanked to lows. 


I apologize for lack of updates this week. I have had a lot going on outside of this. Starting now, I will be changing the format quite a bit to make each stock easier to follow. I will now be posting swing trade ideas on a rolling basis. One post with all of my current working ideas that I will continue to update. That way you don't have to go back through my posts to see if I am still following a certain trade, it will all be on one post for you to keep up with. Also, starting now, I will only post the chart and some commentary or thoughts about it. Not exact trade plans like I have, that is too much pressure. Even though the updates will be less frequent, I'd still like to be keeping up with questions even more.

The market is in super indecisive chop mode as of late. It is either going to dump and continue to dump, or pop back up and business as usual until maybe 2017. Right now we are in market limbo... so it is pretty hard to determine if a trade is going to work as planned. I personally had an ugly week last week... so let's hope we can turn that around this week! Trade ideas below. As always, trade safe.

TMH (Team Health Holdings)
Stock price when posted: $40.70
Like this as long as it holds above $40.

Sunday, October 16, 2016

Stock Ideas for the Week of 10/17/16-10/21/16 - Wednesday's Update

NOTES:
Charts below update daily with the most recent market prices.
When introducing new terminology I will try and link the word to an Investopedia article about the term.

All posts are for informational purposes only.
Trading isn't easy and you could lose a lot of money, do so at your own risk.

VIEW LAST WEEK'S TRADE IDEAS HERE

UPDATES WEDNESDAY - 10/19/2016:
NUGT trade idea from last week was awesome. Hit $15 from my $11.50 mentions, that's 30%.

Working trades:
NEON +0% - same as yesterday
ONCS +2% - this one looks close
FRGI +1% - think it has another big green day in it. But, never got the buy I wanted so taking off of my list.

UPDATES TUESDAY - 10/18/2016:
Bought a couple mid-term holds in my managed accounts today...

First was SCTY. Coiling up and think it could have a nice move to $25 soon... am weary about negative press regarding TSLA affecting it though. Stop at $19.
Next was COUP. Recently IPOd and is wildly volatile, but it is beat down and I think there is an okay risk v. reward. Mid term looking for $34+, we'll see if I can hold it that long. Stop at $25.45.
Lastly, I finally bought some starter size DGLY. The chart above is a weekly chart... and boy does that look prime for a huge move. I will add more into my positions once it breaks the $6 resistance and holds it. Looking for $10. Stop at 5.50ish.

Working trades:
NEON +3% - still waiting for break out confirmation
QSII -1% - taking this off of my watch list, may have more in it, but wasn't able to get the price I wanted
ONCS -1.5% - no follow through yet.. keep stops in place around 1.70 or a little below
FRGI +.5% - think a nice green day is in store soon as long as it hold over $27

UPDATES MONDAY - 10/17/2016:

Working trades:
NEON -8% - wasn't able to break and hold over 1.25, until it does I will not pay attention to it
QSII +8% - huge gap over night! Unfortunately it didn't give us any good buying opportunities... wouldn't buy it up here, although I do believe $13.30s could be in store still
ONCS -1.5% - not the day I was hoping. But could still be a good play. Make sure you keep your stops in place!
FRGI +1% - consolidating

PLAN FOR THIS WEEK
As predicted, last week we had a big ol' move in the indexes. Check out the S&P 500 breaking down out of that long-term triangle. There is still support a little bit lower at $2120, but if we are able to break below that I think we will see very accelerated selling, which will affect nearly every stock by pulling them down with it.

Once again, because of the current market conditions, be careful with all of your trades. There is typically less follow-through than normal, so don't try and go for the huge percentage wins... if you're up a decent amount, don't be afraid to take some profits and pay yourself.

FH from a month ago is paying off now! Idea started at $2.67, now at $3.55. Big gainer. Here is what is on the watch list for this week.




NEON(NeoNode Inc.)
Stock price when posted: $1.23