Hey all, first watchlist I'm posting and hope you enjoy. I am going to start doing these every so often mainly for my own peace of mind as it helps typing these things out and I haven't been as diligent as I should be with them so here goes.
$ARCI: This former runner has finally tapered off a bit and I believe is now ready for it's next push. The last news that this thing ran on was complete garbage compared to what this company has going. It has 49% ownership held by insiders and a super low float count. This company is in the process of selling its recycling business which is priced at $30-$35 million after which case this company will be wholly owned by it's subsidiary GeoTraq (I know buyouts are typically ignored but this news should light the fire for a quick and easy gain). They are flush with cash, no outstanding warrants and Isaac Capital sold only 149k shares and held onto 400k shares after the 21 million volume day....big things are coming. I knew about most of this information before the last big push which was how I was able to get in o/n but was unable to get a position in AH tonight so this is the first stock I'm looking at when I wake up and more than likely the main focus for my longs tomorrow.
$TAIT: This stock is currently in supernova mode and I'm not sure if it will continue or not, it's on both my long and short watch list tbh. However, it's at all time highs and is another low floater (3.03 million). It's already pretty extended but that doesn't mean it can't run again and if a nice dip buy opportunity presents itself be ready but be careful. It closed strong into the close so it should be interesting.
$NOVN: This is in the same boat as $TAIT, on my long and short watch list. It had a nice day today as most of the people in chat were aware but started to break down into close. SSR is off tomorrow which could mean it's doomed or it could keep running. The company was able to do a non-dilutive financing but has a delisting notice so play this one with caution. Lot of bagholders with this one so it's more on short watch than long.
$DCAR: This is a sympathy play I'm watching since the Uber IPO roadshow has been running. It has yet to get much play but when it does this low floater can run, only watching closely if volume starts to pile in as there are a decent amount of resistance levels it will need to break.
$PRPO: Most people are aware of this stock so I won't go too into detail. Low float stock with extremely awful management based on all the offerings they've done. It just had FGD today though and closed super strong into close so would not be surprised to see this continue tomorrow or to crash back down. Caution.
$CFMS: I've never seen a daily chart look this good so far. It looks like an intraday ABCD pattern developing. Former runner capable of stringing together multiple green days. This company does post earnings tomorrow and I think if they're good then this baby is going to full send to $3. It's been creating higher lows on yearly chart and it just looks clean, coiling up and about to send. On the flip side, it could double top and crash, volume and price action will be the determining factors in this one but it's at the top of my list for long plays.
EDIT: I forgot to add $OPTT as it's my o/n position. This stock is a former supernova that just announced they will be presenting something at a Naval presentation thing or something another, tbh I forgot exactly what it was. Also, this company had a patent that was filed today and had some extremely unusual volume that followed. Low floater, capable of running and needs to break resistance at 3 but if it does it at least gets to 3.50 before its next resistance test.
$HEXO: I've been watching this stock for awhile waiting for it to crack and was unable to play it today. Just had FRD and more times than not a second red day ensues although with the steam it's had I would not be surprised if it recovers. I will be shorting this with extreme caution if played. Mainly looking for a spike into a panic then bounce so I can short off the peak of the bounce and use HOD as risk.
$RENN: Just had a huge red day with a giant engulfing red candle, which typically means more red days to follow. Will be careful with this one though as SSR as been placed on it tomorrow and I'd like to not get squeezed. Will be using the same strategy as $HEXO if played.
$AMRS: This stock has been playable short for days, not sure if the red streak will continue but on watch for it. Seems like a low risk type of play considering they just announced a private offering to some long term investors today with exercise-able warrants at a price not yet disclosed. Not a good sign though and am bearish on that move.
Few others that I'm watching for shorts are $MBRX, $MDCL and $DERM (although this ones a bit too high for my liking).
Will be taking entries in any stock based on the price action and volume presented and react based on that information using support and resistance as guidelines, best of luck!