Watch list for 9/26/17
$ITUS ticker went parabolic today after breaking last weeks highs, this ticker has been squeezing for 2 weeks now and today was an extremely high move closing up 80%. 14M float stock, there was a hard crack around 12PM but it saved itself and is closing near its highs, I want to see a convincing gap down around the 3.7 level this will be a serious short, DO NOT want to short on front side of the move no matter how good it looks.
$HMNY This ticker is another multi-day runner closing today up 25% after some hard late day cracks, it doesn’t mean the run is over so do have to be careful if I trade this ticker, a lot of support in 8$ area but if it cracks it there may be 1.5$ a share of downside potential. Want to see some high volume in red PM for FRDEGD, WILL NOT SHORT front side (self reminder)
$IZEA ticker gapped up the largest in PM closing the day up 61% and is a well known squeezer as it squeezed traders a whole dollar a share up to HODS at 1pm. The HOD break wasn’t convincing so traders shorted it back down and it closed at its lows, there is still room to run on the upside don’t want to get too hasty, seems to be support a 4.8 level , ticker might spike up in morning to previous highs and fail the rest of the day going red as a FRDGR, will observe PM
$SRAX 4M float ticker ran today in sympathy to all the other parabolic moves complete over extension now sitting up at 2.48, this looks like a high probability gap down trade as its volume compared to previous days traded. Will observe in PM and throughout the day for a possible FRDEGD, no shorts to sell.