Thursday January 15
Possible Bounce/Longs
Looking to Short these if they set up. One speculation play is SDRL over 9.79
Monday January 5 2015
LINE - Nice volume on Friday with a lot of traders still on vacation. Will look for a weak open with a run at $12. If gaps up to 13-14 will look to short.
CYTK - looking for a test and fail of $7.50 for a gap fill below $7.00. If holds and bases will look to get long for a grind towards $9 within the next 2 days.
NQ - Possible gap and push through $5. Will take what it gives as I think a test of $5 is reasonable. Will not hesitate to flip short if rejected at top or fade.
MDXG - Crazy volume here with buyers picking it up on a nice Hammer Candle. Weak open with a shot at filling the gap through $11.
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