XCO = broke1.40 as I was hoping and closed on HOD @ 1.61. I would expect a gap up or strong open in the morning and would get out near 1.75 to 1.80 unless it plows thru with force but then watch for a topping tell.
Use the open as Risk
OCLR = Opened even lower than I thought it might. Gapped way down. Taking this off my list for now.
MUX = Opened red as I expected and went down from there. Interestingly it bounced off the 8 day SMA so it could go north or south from here. Id get out till I had more to go on.
CZZ = This did what I expected by going down a bit to the 8 day. Im guessing it will consolidate for a few days or it could make another leg up. I would not give up on this one till it breaks the 8 day to the downside.
FAX = This has not changed -- I would expect to see this continue sideways for a bit and retest the 4.81 breakout level. If it opens up above 4.81 then i would expect it to run to 5.00 ish level over the next few days if not quicker
UMC = This has broken down some but did bounce off the 21 day SMA. If it goes sideways a bit and churns it way back, you could still see a possible breakout at 2.12 with a possible multi day run near 2.30
HK = Still holding - All oil stocks took a hit today so im not too worried about my position here. Nothing has changed for me. 1.64 is major resistance and might be a good place to sell but may hold for a swing trade.
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WLCDF = This did a fakeout breakout and I would have gotten out at 3.41 like I said with very little loss. This is a very big reversal candle so I would be very careful with this one. That said, we are well above the 8 day so it could be playable.
EXK = This is acting like I expected. Nothing has changed and I would stick with the plan which was: Way over extended but on fire. Id expect a pull back to the 8 day or maybe the 21 day SMA in the next day or two. If it takes a little time to consolidate and then somehow gets thru 2.41 it would have a decent chance of running to the 2.80 to 3.00 range in the near future.
AUY = Again, this is acting like I expected. Nothing has changed and I would stick with the plan which was: Interesting chart with a possible grind toward 3.75 to 4.00. RSI is very good and the volume is decent. AS long as it stays above the 8 day, I'd look to buy on a dip and see it if can make it near 4 bucks.
NGD = Again, this is acting like I expected. Nothing has changed and I would stick with the plan which was: Looking for some consolidation or at least a test of the 8 day (which has now almost reached 3/8/16) . Guessing it will not close much above 4.00 and hopefully go sideways for a bit. Looks like a good candidate to make more gains to the 4.75 to 5.00 range if it consolidates.
--- New ---
WLCDF = This did a fakeout breakout and I would have gotten out at 3.41 like I said with very little loss. This is a very big reversal candle so I would be very careful with this one. That said, we are well above the 8 day so it could be playable.
EXK = This is acting like I expected. Nothing has changed and I would stick with the plan which was: Way over extended but on fire. Id expect a pull back to the 8 day or maybe the 21 day SMA in the next day or two. If it takes a little time to consolidate and then somehow gets thru 2.41 it would have a decent chance of running to the 2.80 to 3.00 range in the near future.
AUY = Again, this is acting like I expected. Nothing has changed and I would stick with the plan which was: Interesting chart with a possible grind toward 3.75 to 4.00. RSI is very good and the volume is decent. AS long as it stays above the 8 day, I'd look to buy on a dip and see it if can make it near 4 bucks.
NGD = Again, this is acting like I expected. Nothing has changed and I would stick with the plan which was: Looking for some consolidation or at least a test of the 8 day (which has now almost reached 3/8/16) . Guessing it will not close much above 4.00 and hopefully go sideways for a bit. Looks like a good candidate to make more gains to the 4.75 to 5.00 range if it consolidates.
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