Just two tickers that have a great risk/reward set up as they appear to be bottoming out and are getting close to their 200d SMAs: close above go long, close below exit. Super Simple. No wave counts, no TA, just pure setup-based. That’s all 🙂
- SN has a large short interest of 37% float with 5 days to cover (http://wsj.com/mdc/public/page/2_3062-shtnyse_S-listing.html)
- RRC: has large call buying behind it.