Just charts to look at tonight. No time for big time DD on each stock, but these set ups are worth a watch.
Still long $MCZ, $MEG and added $ZGNX small for a swing trade.
1. $NTSP - Waiting on the $7.00 break. Entry around here provides r/r.
2. $CAK - Nice consolidation up around the 200dma, and a break of the 200dma to send it
3. $HLIT - trading within this channel. Watch for a break either way to signal long or short entry
4. $ZGNX - Small bio that is worth watching. $105 million market cap, with about 10% of the float short. Insiders bought $5 million worth of shares in September at $2/share. They have $70.85 million in cash, $56.01 million debt. Double bottom 52 wk low play here. I will buy more if it goes to 1.54, but if it drops below that and makes new 52 wk lows I'll cut bait and wait it out. More DD on this one later. Thanks @wiserguy1971
5. $MDW - Spec gold. Watch a break of the upper trend line or wait for entry below.
6. $DEXO - Nice pennant play. I consider a safe add on this one 1.35 area
7. $MEG - Currently still long. I think this one has some more in it.
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