Trades 20/11/13

NO MORE RANDOM OTC LONGS

Focus on one-two good bouncers a day ($CHLN types)

Focus on faders - stock big up on the day (preferably previous day too) showing weakness intraday 

Gappers: 3/4

$HPTO b/e
$STVF - fail, in too early the day before
$LBMH $FRMC very nice


Washouts: 6/8

$AEZS 1.12 nlod at 1.09 risk 1.20 target STOPPED OUT
$LOV 5.95 WITH 5.90 RISK 6.14 TARGET - sold for 10c
$NWBO on 5 break with 5.19 target 5.95ish risk sold for 5.19
$CHLN 1.82 with 199 target 1.80 ish risk ->perfect, good r/r nicely grind up from the bottom out in the 90s
$ONVO small 8.46 with 8.40 risk 8.55 target, took 10c
$MY 2.06 with 2.12 target 2.04 risk stopped out
$CLIR 5.60 risk 6, 620 target in at 5.80 sold half 6 worked well
$MBIS at 2.45 2.30 risk 2.70 target took some off at 2.53 not sure why, then dropped a little so got out for meh
Overall breakeven ish

Grinders: 1/2

$OXBT - ooked like it was grinding and on the 1min last time it grinded like this it shot up 50c
in 6.48 with 6.45 risk 6.60+ target, sold 6.62 
$AMRN - with 2 break coming and hod at 2.20 bullsih chart - i screwed up though as it had the weak open i was hoping for ; miserable, silly trade stopped out - should have taken the morning weakness and not paid high 1.90s

Shorts: 3/4

$SNTA on g/r worked out ok
$SNTA again - was fading, couldnt make r/g risk is 5.25 r/g target 5.11 and under covered a few 5.13-7 ok
$PTIX tiny wokred 
$IPCI on fadeage - 5.25 with 5.08, 5 target 5.35 risk - stopped out