Wednesday, August 3, 2011

Watchlist for Thursday, Aug 4, 2011

INTT coming off oversold levels pretty bullish candle, all depends on the gap up ..and test resistance

ARRY  from the day before still going ...inching i should say ...moved from a faster scan to a slower scan ..

LOJN oversold play

GMR  10 12 cents scalp play

ZZ oversold play

EMAN  confident that it will run ...position entry wisely

SATC oversold play

2 comments:

  1. I wanted to post a comment other day too but did not work out.Lets hope, i can do this time.

    I have read u in sajha and here too. Good luck on what u doing.
    Today's market action was particularly interesting...what a reversal from 1234. Loved that. Don't do penny stock investing but love to talk over all market.
    Market hits its 1st target of 1234 and second is 1120. what is yr market outlook?

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  2. Honestly speaking...i have no idea what the market is gonna do and i do not try to predict it either because there are simply too many variables to it ...too macro for me ...but given the economy and everything...it should be initiating a downtrend...today's candle was pretty bullish we should see the market revive a little tomorrow...but not by much ...and asian markets are up tonight so...we'll jst wait and see...but yeah lower highs and lower lows

    I jst do momentum penny trades for scalps, used to be a big fan of them but not that much now...got burned bad a couple of times...i just do smallcaps and they have worked out pretty good so far

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