The Runners ZSAN, NETE, JAGX, NVIV

The stock market is very active, with numerous opportunities for short-term trading. Yesterday we discussed ZSAN and NVIV in premarket, both very active. ZSAN is sort of reminiscent of an AVEO or a GLYC in it’s stubborn pushes higher. I know a few people who traded it well, I believed the end of day selloff was a reaccum area, but took a small loss, as I didn’t want to hold that overnight being down on it – discipline. The “trend absorption” early in the day is highlighted.

JAGX was a winner for me. NVIV and NETE charts also shown.

 

 

 

 

 

JAGX was the winner of the day for awhile. I kept waiting for a little reaccum to buy into it, but it just rallied right into the EA. So then to my next setup, the 123 bounce bottom off the EA top. Was a bit unsure about starting the count, but the trade worked beautifully.

 

 

 

 

 

 

 

NETE will be discussed with subscribers. This thing is 100% about probabilities.

 

 

NVIV, again I never buy into the lows, those are very unreliable springs, I need momentum up. I had a bid in at .81, believing it would rally to .89. Perfect plan. Yes that is REACCUMULATION. Learn this stuff folks. No fill on my order.

 

mm
About traderscott 974 Articles
Trader Scott has been involved with markets for over twenty years. Initially he was an individual floor trader and member of the Midwest Stock Exchange, which then led to a much better opportunity at the Chicago Board Options Exchange. By his early 30’s, he had become very successful in markets, but a health situation caused him to back away from the grind of being a full time floor trader. During this time away from markets, Scott was completely focused on educating himself about true overall health and natural healing which remains a passion to this day. Scott returned to markets over fifteen years ago where he continues as an independent trader.

Be the first to comment

Leave a Reply