Morning Gap

Morning Gap

We are walking into a decent overnight gap higher, I’m not a fan of chasing gap ups nor buying my alerts if they trigger right at the open.  Oil names and miners were the big winners yesterday, we’ve highlighted a bunch of those name last week here –CHK,CLF,CNX,BTE,WPX,MUR,ECA.  $AR was the big standout from yesterday’s list, another oil name, Huge Base Breakout

On my list today; WLB, FOE, WAB, PAH, THC, FEYE, FIVN, SPNC, VNCE, DBD, DDS, TWTR, CENX, SAIA, YELP.

  • There are 3-5 day long swing set-ups.
  • I only have an interest if they go through yesterday’s high plus a few pennies.
  • Most of these are tight set-ups, the stops are close by, and it won’t be hard to tell when you are wrong.
  • CHARTS

My opinion and outlook are subject to change as new information comes in. 

Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463.


       


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
By | 2018-02-02T12:08:21+00:00 |

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