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| Boy >>That looks like fun.......NOT REALLY! |
Good morning folks,
Big sell off in China down a whopping 5.5% over investigations into several major brokerages. Our indexes continue to look fairly healthy as they continue to climb the wall of worry. We could continue this strength into the end of the year and we could also have some more wild movers like KBIO which is already on fire premarket. EFUT is another one that is gapping after a very similar announcement that KBIO had when its epic short squeeze started. If you are going to play in this area make sure you are using your lotto funds and don't be overly greedy. Make sure to book profits along the way and cut losses quickly.
We have a shortened trading day today and it will likely be a low volume day don't feel like you have to trade if you can't find the right setup.
Stocks on my radar premarket
Bullish and may have a swing or lottos in play
Cautiously optimistic
Very Cautious may even present a short opportunity ..
Can-Fite Sahres +17% Following Earnings Report
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07:02:29am
11/27/15 |
Can-Fite Reports 9 Month Ended EPS ($0.24)
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Gapping premarket can be a pop and flopper don't chase it flirting with a 4 test
Recent insider buying from the 3 range potential continuation to a 5 test and roll could get a red to green move
Insider Buying throughout August and November ranging from 3.75 to 7.45 could get a snapback especially if oil continues to bounce
Recent IPO >large insider buy on November 24th china name so caution advised but look for some volume and a test of a 3 roll
6:51:47am
11/03/15 |
Jefferies Initiates Coverage on Del Taco Restaurants at Buy, Announces $16.00 PT
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could be at bottom of channel look for a 11 dolla holla with volume
Testing 3 premarket super tiny float lots of debt can be a pop and flopper but also has had some nice runs in the past
Highpower International Announces Receipt of Non-binding Investment Proposal, Terms Not Disclosed
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