[FRIDAY MAY 16TH - SHOWTIME]
Tomorrow looks set to be one of the best day-trading days since I got interested in the stockmarket. There is a lot of insanely good short term opportunities amongst the small caps, as well as some good reversal plays coming about. There aren't many stocks showing up pattern or indicators wise, but some great looking momentum scalps.
My set-up for tomorrow is:
I won't go into most details, and I will generally be more inclined to trade the stocks with the green next to them;
TRP up 250% in one day, RNS says 10 billion barrels ready for drilling this year. That works out at an SP of about 50-60p. The volume action was insane, and after some profit taking and treeshaking, the stock closed at highs. These chances seem very rare, and I am aware of both the extreme upside potential - but also the extreme downside potential.
RIFT spudded gas well today, closed at highs, good buy volume and action.
EMED another strong momentum play with high potential returns in short/medium/long plays.
PVR the next poential big mover amongst small oil. EME energy play.
I have college all day tomorrow which is a shame. I guess I can't micro-manage on these which is what I'd need to do. TRP looks like it will be my play, but if I can't sell before close then my capital is exposed over the weekend and into any developments before Monday.
My set-up for tomorrow is:
I won't go into most details, and I will generally be more inclined to trade the stocks with the green next to them;TRP up 250% in one day, RNS says 10 billion barrels ready for drilling this year. That works out at an SP of about 50-60p. The volume action was insane, and after some profit taking and treeshaking, the stock closed at highs. These chances seem very rare, and I am aware of both the extreme upside potential - but also the extreme downside potential.
RIFT spudded gas well today, closed at highs, good buy volume and action.
EMED another strong momentum play with high potential returns in short/medium/long plays.
PVR the next poential big mover amongst small oil. EME energy play.
I have college all day tomorrow which is a shame. I guess I can't micro-manage on these which is what I'd need to do. TRP looks like it will be my play, but if I can't sell before close then my capital is exposed over the weekend and into any developments before Monday.
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