Just an update. I am short DEXO at 1.53, I had a cover order Friday at 1.52, and we got down to 1.53. Amazing how $0.01 can cost you. I still expect to see this sucker fade below 1.53, and I'll get my fill on and re-evaluate where I stand on DEXO. I still think they have some serious issues with debt, and have just had recent price action because of SeekingAlpha...but whatever. Play the trends.
1. STP - What is it with me and Solar power lately? I like this chart if we can get above some of the resistance we are seeing around 2.64. Probably be a better swing trade if you're wanting to take it. Good support around 2.20.
2. MDW - Spec gold play that has been obviously in an uptrend. Flagging here. Wanting to watch this consolidate or bust a move in either direction before I take a trade. Volume hasn't been horrible on this one recently. I would love a long position on the breakout, but want to watch this a bit more because it may have one more bounce off 2.35.
3. CX - You can see why this bad boy wont bust out of range here. It has tons of sellers trying to get out break even from August to mid September. If this breaks outa range, we may have a good quick move on this. A PR would help on this one but not sure what they have to offer right now.
4. TAT - A lot of Twitter buzz has been on this stock. A consolidation at or around 1.20-1.30 would be great if it doesn't tear through resistance here. I wouldn't personally hold this longer than a day or two. I do like that it held its 20dma pretty solid after is massive tear-your-face-off move. RSI is looking good to long, but once that RSI gets into the red zone again, I will short it the second day.
5. MNI - I picked up 100 shares just to keep this on watch. If it drops below its bottom bounce area, Ill pack up and leave it. We had a 1.5 million block of shares come through Friday in in the morning, after which it spiked from 1.15 to 1.26. I'm in at 1.18.
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