Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

In Play: APPY, SLI, SSRX

APPY is in the midst of working on its pivot point. SLI has a nice bounce off the 50 day MA. Cut your loss with a close below the 50 day MA. SSRX has formed a decent pivot point. Notice how it has bounced off today's low. The stock was down over 7% earlier and it has regained some strength. Cut your loss on it if it drops 7% from the new buy point.


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Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

In Play: BJGP, SCR & SSRX

Today's In Play Candidates are China Pharmaceutical Stocks. This sub-genre has been on fire lately. Although all three have strong short term potential, today's clear winner is SSRX. I've had this stock on my radar for a few weeks now and even watched it as it bottomed. Unfortunately, watching and keeping an eye on so many stock has made me miss the early stage of this stocks opportunity. Still, the current momentum is strong and should be able to take SSRX to new heights in the days and weeks to come.

My Ambitions as a Trader and Investor is not a registered investment advisor. Please read the complete Small Cap Stocks Blog Disclaimer



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