Some really nice plays came out of the manic market on Friday.
Although ZYXI somehow manages to finish with small gains lately, it is seriously testing $4. YRCW I will take my revenge on Monday when it cracks for the second time. NCT and PNX both went up $2 in the last hour of trading. Needless to say I don't think they will hold.
Be prepared for opening sell offs followed by bounce rebounds. Some of the patterns are mutating in these markets but the basic strategy of shorting these run ups remains solid.
**UPDATED
more added
1 comment:
I'm out of day trades so I'm going to be missing out on the action on Monday. Hopefully maybe there will be some good buys or shorts into the close on Monday
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