Watchlist for the 29/08/2019
Creating my own watchlist holds me accountable for my actions and can help me identify the mistakes that I am making. This allows me to become self sufficient.
(always open to constructive criticism)
Recent runner watching for increased volume and news - (dip buy with strong volume AND news).
DCGD, PCTL, SRNA, TOMI, WTER, RKDA, volume is low on some of these so will only wait for the key indicators to line up to take any of these trades.
Morning Spike - (Looking gap up and morning spike on possible news).
TELL, stock has been slammed for a good couple of days and looks ready to bounce, will wait for the right indicators to get an ideal bounce play.
Multi-day Breakouts - (Looking to dip buy the breakout on strong volume only).
EMPM, VNNHF, WSGF, IMLFF, CDIX, waiting for these plays to setup to fit my pattern, CDIX is building up but is currently mid range so will only wait for the pattern to form correctly.
Multi-day runners - (Looking to dip buy the morning panic off strong selling volume)
SSPXF, CGXEF, needs to have a strong panic with relative volume.
Earnings and Contract Runners - (Dip buying stocks moving on earnings or contract news)
EDAP, MDJH, FFHL, NETE, GME, all need to setup for a play, I will only look to dip buy these off key support levels which will give me a good risk reward opportunity. Again volume is vital key to these plays so only when they setup will I look at taking a trade.