A few potentially big plays to watch today

Published: Thu, 04/10/14

 

Hello fellow investors / traders,
 
I'm still disgusted at the way AMZZ played out. Just horrible.
 
So here are a few setups that I think could make good today. I won't give you detailed info on them as I think they have just short term/day trade potential, but here they are (in no particular order)...
 
FBCD - pulled back a lot on a bullish chart, we could see a bounce higher here
 
 
PZOO - bullish chart, could breakout big past previous highs - just be careful of a failed breakout/selloff.
 
 
WBXU - Possible bounce in this one, BUT it could go lower and test $0.01 before it does move higher. So I'm not sure if this is good for today or not, but keep an eye on it over the next couple of days.
 
 
 
EHOS - Just had a recent surge higher, then a pause, then a move back to the previous day's highs. A breakout above $0.02 could see it move big.
 
 
 
Also keep an eye on SKTO. I don't particularly love it, but this also has potential to continue the bounce it had yesterday off of technical support.
 
 
Remember, avoid chasing big gap ups - the percentages are not in your favor, and always use mental or hard stops to cut losses on losing trades. Protecting capital is the number one priority in trading and investing.
 
Every trader has losses, most just don't like to admit it. Many of the successful traders I know only win on 50-60% of their trades, but they keep their losses small, and their gains big.
 
 
ShiznitStocks.com
 

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