Up over 30% in 2013 despite the volatile market of late I know where to shop for trades.
Here’s a handful under $10 that came up on my nano – micro cap scans Wednesday night.
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Favorites are OCZ and LEDS, but be sure to take into account U.S. stock futures are crashing premarket so no early moves for me.
JVA – Candle over candle with range to $7. Entry is above $6.20, stop is below… chop at $6.40 profit around $6.80. Light volume trade, size accordingly.
NEON – Up on a down day with good news. Entry is above $5.25, stop is below… if this breaks $5.46 it should test $5.70, chop and push $6.
DRWI – Just above 50 and 200 Moving Average support entry above $2.44, stop is below… swing for a break of the 20 Moving Average.
LEDS – Like the higher lows here in the overall trend. Entry above the 20 Moving Average $1.68, stop is below… swing to $2.10, chop and I think a breakout is coming. Take at least half at resistance.
OCZ – Looking for entry around $1.40, stop is $1.35… swing this long for the filing news, though not for the faint of heart, should be volatile.