Swing Trading Model

[LiveLife]

Great day for SHMP with 52.7% gain and closed at $0.027.

Moving NLST/RGSE to Take Profit (100%+), DNR/PXS to BUY, CRMD/DCTH/UPL to WATCH. Removing DRUS from watch list.


WATCH: ABIO, ADOM, AKER, APRN, ARYC, AYTU, BPMX, CATB, CEI, CRMD, CYTX, DCIX, DCTH, DPW, EAPH, ENDV, HEMP, JONE, MJNA, MNKD, MOSY, NSPR, NVCN, ONCI, PHOT, PLG, POTN, PTN, RXMD, SGYP, TOPS, TROV, TRXC, UPL, VLRX

BUY: APRU, BW, DNR, HMNY, INPX, MNGA, ONCS, PXS, SFOR, SHMP

HOLD: GSAT

Take Profit/SELL: NLST, RGSE,


Annotated chart review of PXS:

- WATCH as 5MA (blue line) fell below 30MA (red line). 
- BUY as 5MA bottomed with RSI rising above 50, MACD (black line) rising towards reference line (red line) with negative histogram approaching 0.




Annotated chart review of DNR:

- WATCH as 5MA (blue line) fell way below 30MA (red line). 
- BUY as RSI rising below 30, MACD (black line) crossed above reference line (red line) and histogram turned negative to positive.