SO my watch-list for Wednesday is quite simple! I have found comfort in my shorting setups recently. I have broken my losing streak and I am beginning to see more profits now despite them being tiny! I like to keep my shorting setups simple! - Shorting overextended stocks that are up on BS when they start to show signs of weakness. I use an overextended fading RSI to guide me! I also use VWAP guide my intra-day entries

$ZHNE - Not sure if it's a pump but the chart sure suggests that it is! It has a long term downtrending chart and is now spiking.. The chart looks to be manipulated! It had it's first red day yesterday and finally showing signs of weakness! I will short if it breaks 1.46 with my risk at 1.51. I will start with 300 shares and add into bounces ideally! This is my main watch! 

$XLIT - Thanks to Tim for putting it on his watchlist! Potential short for me given it's a number 6 pattern - ( One of my fav shorting patterns) I will look to short on signs of weakness! That is the only time I will short.

$EARS - Looking for this stock to bounce to $6ish for a short.. No play now given it has come down so much! I wish I had my shares back from 6.96 LOL!

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I have seen many people profit from being early on these morning spikes! $BIOC $INVT $GSI for example! I have not played any of them but I want to take advantage of these January Spikers! I will look at Pre - Market gainer throughout the morning and when the market opens I will look to buy these stocks if they get strong/break of hod. I don't have the confidence to buy these stocks on dips! > Only Breakouts<

Based on Tim's watch-list I will watch....

$VHC and $ICLD - I will focus on $ICLD .. Why? Because it is a former runner and has the potential to run!

If there are any stocks that fit these patterns and haven't been mentioned in the watch-list, comment below

Thanks, 

TeenTrader!