I didn’t have a chance to be behind the screen at all today but checked the top %gainers on the TOS mobile app about 30 min to close to spot a few stocks holding their into close. Ive still not done an O/N hold to this point but am starting to get comfortable with the criteria I'm looking for. No positions as I was busy but I spotted these two quickly that could have been decent O/N setups.
$UTSI - Closed @ HOD, above VWAP, First green day, 52wk high, recent positive earnings, recent board of dirc, news. Now that im home and looking its up another .25c already in AH so this looks so far to have been a good play. Maybe even a good swing trade but we’ll see. Not mad I couldn’t get into a position, happy I found even just on my phone while driving lol.
$AQMS - Closed(4.02) just off HOD, above VWAP, First green day, strongest volume of day was into the close. I don’t see any recent news. Way down off of its 52wk highs of 22.75 It is now at 4.25 in AH so at this moment its looking like this would have also been a good over night play. Will be watching how this plays out.
These are actually two great plays to watch & learn from being that they both had similar days but have basically the complete opposite long term charts. Lets see how the do into tumorrows PM & open.
$XIN - Tim alerted this in power hour. Now that I’ve had a chance to look at what he saw, I see it held it gains well, going into close above vwap, first green day, 52wk highs, bitcoin play could be named the catalyst. All looks good here and ill watch to see how it plays out.
I’ll be in early tomorrow finding the PM movers and setting support level lines on those but my ideal play is top %gainers on a afternoon retest of morning highs with volume. Limit order just over the morning HOD to confirm new highs and a clear R/R with exact stop loss level.