3/27/2015

Anticipation Setup for Mar 27, 2015

JRN SSP TWOU TTMI THOR

Are some of the stocks today on my watchlist.
What to look for in good anticipation setup
  • series of narrow range days in pullback/consolidation
  • orderly pullback with no 4% b/d during the pullback or consolidation
  • low volume pullback
  • low volatility during pullback
  • linear first leg if looking as continuation setup
  • Stock should go up smoothly and not in volatile manner
  • 3 to 10 days consolidation/pullback
  • not up 3 days in a row

TWOU is a good example of anticipation setup. The stock has series of narrow range days on low volume.


Because of market weakness I am careful on taking any long position.

Some of the short anticipation setups I am watching are :

HSY QIHU SXL EMES GPRO

3/26/2015

Not surprised by the market weakness

Last Friday I had posted a caution on the blog and yesterday we got a big down day. You can go back and see that post.

When number of stocks up 50% in a month goes up 20 plus. (as measured by using Telechart and using liquidity and price filter)

Exact scan used is:

 C20 >= 5 AND (AVGC20 * AVGV20) >= 250000 AND 100 * (C - C20) / C20 >= 50





When you get elevated readings like that you have to be cautious and protect profit.

As market is now in correction the number of anticipation setups have decreased but as soon as selling stops those still showing good action bounce back hard.

Anticipation Setup for Mar 26, 2015


SSP JRN TWOU
Are some of the stocks today on my watchlist.




All three stocks are holding up very well considering the market conditions. When the market turns, the chances of these stocks breaking out are high if they continue to act like these.

Meanwhile I am also looking at bearish anticipation setups. The bearish anticipation setups use similar logic to bullish anticipation. Bearish anticipation setups work best in bearish market. But we have not had a sustained bearish phase for many months. Most pullbacks have been very shallow and of few days in duration.


3/25/2015

Anticipation Setup for Mar 25, 2015


MWW TTMI RDUS HII CYTK ARRY QLGC AMKR VRX RUBI
Are some of the stocks today on my watchlist.
What to look for in good anticipation setup
  • series of narrow range days in pullback/consolidation
  • orderly pullback with no 4% b/d during the pullback or consolidation
  • low volume pullback
  • low volatility during pullback
  • linear first leg if looking as continuation setup
  • Stock should go up smoothly and not in volatile manner
  • 3 to 10 days consolidation/pullback
  • not up 3 days in a row
CYTK, ARRY are two very good example of anticipation setup. Both the stocks have been consolidating for more than a month on low volume.






The Stockbee 50 is a list of stocks with above average momentum. You can use the list for anticipation breakout or for breakout trades. Taking breakout trades is one way of making money while keeping drawdowns and per trade risk low.
Focusing on Stockbee 50 list can offer you hundreds of profit making opportunities in a year once you learn how to use the list daily.
This is how a breakout should look like. AMWD was highlighted couple of times last week on this blog. It had breakout 2 days ago and is already up 6% from that breakout point.
If you are really serious about trading and making money then you want to find stocks like AMWD and PFNX daily. They make explosive moves. All you need to setup a process to find and trade them.

PFNX : A 20% Move in a day Momentum Burst Trade Example

On Monday PFNX was one of the stocks highlighted as anticipation setup from the Stockbee 50 list. Yesterday it had a breakout and went up 20% plus intraday.

This is how the stock looked when highlighted as anticipation setup.



Stock had first up leg followed by orderly consolidation. Trend intensity was above 105 indicating stock was in confirmed momentum phase. Stock was ranked in Top 25 on Stockbee 50 indicating it has best of momentum.

Stock had a 17 days sideways consolidation where volume was low compared to previous breakout phase.


I was watching the stock for over 2 weeks for entry and had alert set. Once alert triggered bought 5000 shares. In few hours stock went up 20% plus. It was time to lock in part of the gains. Closed 75% of the position for around 7000 dollar profit. Rest of the position now has profit protection stop. If stop hit it will still end up making around 9000 profit.

If you just focus on stocks in the Stockbee 50 list and especially stocks highlighted as Anticipation setups, you can find trades like this on regular basis. With just 50 stocks to focus on you can do good job of anticipation and quick entry.

Stocks with established momentum move in sharp 3 to 5 days momentum burst where they make 8 to 20% move or 5 to 50 dollar move if high priced. For swing traders that can provide a good edge and way to find explosive moves.

The stockbee 50 list is published daily and Anticipation candidates are highlighted daily for the financial benefit of Stockbee blog readers.

3/24/2015

Stockbee 50: Anticipation Setups for March 24, 2015


The Stockbee 50 is a list of stocks with above average momentum. You can use the list for anticipation breakout or for breakout trades.
Anticipation requires more pre planning and effort than buying a breakout. You need a process flow to do that. The process should be done daily and followed consistently. Anticipating a breakout and entering with very close stop can give you good risk reward setup.
PFNX
OCUL
from the Stockbee 50 list is looking good as an anticipation candidate.
If you are serious about making money swing trading the Stockbee 50 offers you a powerful list of momentum stocks to focus on. If you want more candidates expand your list to Top 200 ranked stocks by momentum.
Some other stocks I am watching are
OCUL RIGL FWM VRX GLOB RUBI TTMI

The biotech and drug stocks are rolling over and the market is showing signs of short term pullback.

3/23/2015

Top 200 stocks by momentum

Momentum is rate of change or speed at which a stock is moving up or down. The following stocks are the top 200 stocks by six month momentum. AXN is ranked number one and slxp ranked number 200.

AXN CRMD REPH ESPR ZIOP EGRX AMRN ADXS CYTX AMPE CEMP MVIS RTRX NPTN OCUL CTSO MELA ASPX LBIO ATHX SRNE CORT AST BLUE CNDO PRTA PAM CLDN QURE PCYC ARQL PFNX NBIX TGS ANTH TLYS FSL TSRO HPTX XON ISLE ANAC EBIX DRRX CLDX BFR GGAL HZNP FOLD ZAGG CPRX MRTX CRIS NXTD ITCI AMOT ARRY EXEL ATOS CBM NLNK RIGL NVAX ABMD BMA RDUS INTL SYN CVM CANF FRSH ICPT HCHC LJPC AMAG PNK NSP NVGN TXMD SCMP RTI SWKS LEAF EPRS FWM MSO OLED GTN WETF BNFT IMRS CRUS FOMX OVAS SIGM INSM ITG BAA FLWS AMBA OPK IPXL DY NXPI TROV BGMD DEPO LGND TA TSEM FLDM RLYP KITE VSTM CYTK RGEN SAGE CVTI BMRN SGYP PTCT MTSI RCPT LCI MVNR AVEO CNC AGEN DVAX APRI ATRO TRVN VLRS PTLA VRX PAYC BIIB AFMD COLM JBLU USAT HSP CRESY JRN ALDR CYRN HOTR AVGO INCY BTX PARR UVE INSY URBN GIMO GERN SERV MWW BLOX ELX RGDO IRS MRGE SSP TGTX OREX PSUN NWBO GSAT ORA ELLI INFN ONCY QUNR MNK CISG ANIP OA CLVS GENE AMC MANH LLNW SYNC BSFT ARIA SGMO AFFX BBSI OWW ONNN SKYW MIK MSCC SUPN HASI IPGP BURL TREE SLXP

Stocks with established momentum are used by many swing traders to find short term long or short opportunities.

For swing trading stocks in the above list that are in consolidation or pullback mode are of interest. They can breakout and make 8 to 20% move in just 3 to 5 days.