Wednesday 9 February 2022
$CENX I've adjusted my stop on this short position, as think the stop loss move to breakeven was too aggressive. So I've made a slight adjustment to just above yesterdays high which keeps the risk very tight
$DOCS from yesterdays watchlist scans had earnings and gapped up around +9% in the after hours to 54 area. So potential for a Earnings Gap Significant Bar today.
$ENPH is another stock with a large Earnings Gap on the open today, which is moving over +20% in the pre-market to 179 currently. So could open around the 50 day and 200 day MA area.
Others solar stocks are moving in sympathy in the pre-market. For example, RUN, FSLR, ARRY, SPWR, NOVA, and the TAN etf. So a group recovery theme potentially beginning. But if ENPH and the market starts to weaken then the secondary movers could get hit hard.
Stopped at 18.53 for a minor loss on $CENX
Bullish Percent Indexes showing good participation this morning and remains on the short term postive signal.
$SG continues to build a Stage 1 base on the intraday timeframe since its IPO. The failure to follow through from the spring is a potential negative though and it remains under the VPOC level. But is attempting to move above the 50 day MA today. So be good to see it tighten up.
$AIRS upthrusted at the top of the Stage 1 range again earlier, but has pulled back slightly on very light volume the last few hours or so. So is getting very quiet.
$AIRS in it with an entry of 14.44
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.