Watches for Monday

COIN/COINW/COINZ QCOR BBND CRXX

Of the COIN family, I like COINZ the best. It has the cleanest breakout and looks ripe for a fall. Also notice that the red candles have no top wicks- meaning when it goes red it tends to go downward on the day. Also the doji candle Friday may be forshadowing a down move.

QCOR has been on an amazing run and now has made new 52 highs. This is the same situation MITI was in and made for several good shorting opportunities. 

I called QCOR Thursday pretty early on the breakout:

(Sep 11-09:59) johnnyvento: QCOR up nice on vol spike 5.75

(Sep 11-10:00) johnnyvento: could run maybe

I haven't made a lot of calls in the chat recently. I feel no need to call stocks like RDN/ABK/PMI/FRE/WM that everyone is watching already. My role is to try and uncover great plays that no one else catches. I did this with BQI and QCOR in the past couple of days. Less quantity and more quality is my goal here.

BBND another one to watch close. It had an amazing run of 10 days up in April. However the recent 3 day run is actually a larger percentage move. Due for a down move soon. 

CRXX has been amazingly consistent in the $3-4 range. Shorting red on $4 seems to have been a winning strategy the past 6 months.