MOJO Swing Trades - 11/12 - Lunchtime Update

Published: Tue, 11/12/13

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Tuesday November 12, 2013

Hi MOJO Swing Trader, 

The market is very toppy and we have seen a mini sell off - just down 60 points. The positions in the Model can easily be sold if I see something amazing  Right now, there is nothing amazing. I will be doing some research tonight for a new watch list of stocks for the rest of the week. The plan is let the market open and identify stocks off the watch list that have MOJO. We can then score on them. So stay tuned for an email this evening or in the morning with a new group to watch and pick from.

IDN = was per the video update this morning the stock opened very strong and sold on the reverse from the high of $.78 - very nice one.
IDN
HTM = trading at $.49 and strong, high $.50 - holding

HILL = trading at $2.81 and strong, high $2.85 - holding

ABCD = trading at $1.35 and strong, high $1.35 - holding

HUSA = trading at $.28 and strong, high $.287 - holding

AMRN = 
patience is wearing thin on this one - we give it one more day, as if we sell now it will just punish us tomorrow by being much higher. We shall try to exude patience here. trading at $1.52, high $1.59 and low $1.50 - holding

PRKR = trading at $3.14 and strong, high $3.22 - holding

DRWI =  patience is wearing thin on this one - we give it few more days, as if we sell now it will just punish us tomorrow by being much higher. We shall try to exude patience here. 

LLEN = if you traded it this morning from the open you did well as it made a nice spike. 

VRNG = MOJO sold it last week, makes me sick this stock, it really does. High $3.15 today

Thanks for reading, and profitable trading!

ProTrader Mike
email: info@mojodaytrading.com
website: http://www.mojodaytrading.com

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