MOJO Swing Trade Newsletter - 12/18 Morning Update & New Pick

Published: Wed, 12/18/13

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Wednesday December 18, 2013

Dog fleas
Hi MOJO Swing Traders, 

Good morning, GEVO is up 3% should test $1.30 adding 15,000 more shares today - I like the WINNERS!!. They keep going higher!!!!

Looking at DGAZ for a re-entry today - I want to see how it opens. Currently down $.22 cents at $8.66 X $8.75 - looking for range where we bought last time $8.30 range. If dips there go ahead and start to pick up some. 

Here is update on every stock - 

BIOD -  Model has 10,000 shares avg $2.34 - stock closed $2.31 - I hate this stock as we are not winning on it. Will be selling and moving the funds to CAMT and other trades. No patience for a LOSER (plus earnings are coming out at 4:30pm) Yesterday it traded 6 million shares so I am in no rush to dump it - see what it does at the open - maybe we get a pop to $4.50 like we saw yesterday. Keep an eye on it.

ABCD -  Model has 5,000 shares avg $1.42 - stock is at $1.75 high $1.77 - added 3,000 more shares at $1.65 avg.

GEVO -  Model has 15,000 shares avg $1.15 - stock doing great $1.20 X $1.23 See Image #1 ADDING 15,000 MORE TODAY $1.18 - $1.24 price increment.

EVI -  Model has 9,000 shares avg $3.97 - and 5,000 at $2.85 closed at $3.00

PRPH -  Model has 11,000 shares avg $1.94 - looking for a move back up to $2.00 will sell as close to break-even as possible.

MJNA -  Model has 25,000 shares avg $.10 - looking for a pop with the sympathy move on PHOT (that keeps on going up)

NEW PICK = 

CAMTEK - (CAMT) -  Let's ride the CAMT wave again from here $3.60 we get entry 2,000 shares then at $3.70 add 3,000 then at $3.70- $3.80 add 5,000 more - then at $3.85 -$3.95 add 10,000 more - then sell it thru $4.00 - that is an awesome trade play and if the stock plays out like it did last week when we did the EXACT same thing - it went to $4.42 (see green bar from 12/13 that was $4.42


P.S. Video Update coming today.

ABCD
GEVO

Thanks for watching, and profitable trading!

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

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