Hot Stock Scan for Monday the 17th of November
Posted Monday, November 17th, 2008 12:10 AM in DailyRead, DailyScan by IL-Editor
Tags: , , , , , ,

If you haven’t registered yet you have to do so and join us in chat Monday morning!

We had a few internet issues last week between Muddy and Laura running into internet connection issues to myself on Friday having the internet cut out. We’re all back 100% on Monday and ready to roll for a great week to come!

If you are new to the chat please review the Chat Room Guide to become familiar with many of the acronyms you may see during the trading day. One thing we focus on is NO off topic chatter and keep it to alerts in the chat room during trading hours. Questions/comments unrelated to a stock alert FEEL FREE to Private Message by clicking the name under “Participants” list and “Private Chat” this will open a tab at the bottom of the chat window and allow you to communicate outside of the chat.

DFT bottom reversal, keep an eye for continuation, lower volume but may have enough to run towards $4 area – if it makes it I will monitor for weakness

FNDT – very low volume but this one seems like a falling knife bounce, maybe a few short covers to prop it up – watching for the move over $9 followed by weakness and back to the lows

OPTR originally a great $3/share short on Tuesday’s hold into Wednesday turned out to be a great bouncer as well Thursday and Friday. Friday I played it in chaton the long side but took it off mid-afternoon. Keep an eye for a higher open followed by potential move towards $9 once the mometum runs out watch for weakness

NAEN watch for further breakout if the volume continues a $2.25 break and hold is important

FRD hope it makes an attempt at $6 and gives a decent shorting opportunity back under the $5 range, relatively low volume (only 200k shares) so it may be too little volume tomorrow to keep me interested

BGS keeping an eye for the weakness if it fails to hold $5 level this reminds me of WNR and MYL which we had great success with last week





Related Post


Comments

One Response to “Hot Stock Scan for Monday the 17th of November”

  1. InvestorsLive Says:

    Some nice reversals with the market – DRYS in chat, IPI reversal off $17, FONR a bit sketchy but profitable

Leave a Reply