graybids

Some potential trades for tomorrow:

SBSA
This one starting to go parabolic, looking for a morning gap and run to short. Failure to go red, will flip and play long.

CROX
I am long March 20 calls in this one. Earnings gap and hold, looking for a trade through 19.30s with volume for a trade to 20s.

LNKD
Similar to CROX, looking for the break of 75 with volume to get long.

DNDN
Bio stock that had a big run and has held sideways. Nice up move today with volume. A break of 14.50s and this thing has a lot of room to run.

IDIX
Another bio that gapped and has been holding sideways. Looking for break of 15.25 with vol for a long trade

DMND
Heavily shorted stock that has been beat down. Watch for continuation above today’s high, $40 magnet.

A reversal bar is when a stock tries to make either a new high or low, then reverses to either engulf the previous candle or close at or near its lows. This usually signifies that momentum has left whichever direction the stock was heading prior to that engulfing bar and can sometimes signify temporary bottoms/tops.

AAPL
The pivots in my trade in AAPL were 426.70 and the morning low of 424.57

GMCR