No watchlists as of late because all the charts were looking like crap. These arent a whole lot better, but there is something in here that could be played today, I feel.
Morning Panic / Dip Buys:
PRED - (223M float) This one has been running big lately and finally showed a chink in it's armor in to the close on Friday. Looking for a morning panic to 5.50, 5.30 or best case $5. Maybe 10% is all you can make on the trade, as it's a fairly expensive stock, but it should be a safer bounce play because of it's price. Start small on your initial position and add if it is showing strength to the up side.
RAFA - 9N/A float) Not a super liquid stock, but it has the ability to bounce. A morning panic/dip buy around .18 would be great position. Could easily bounce well in to the mid .20's. It's on watch.
Breakouts / Uptrends:
VRUS - (1.38B float) Crazy huge float, but this stock make a clean breakout on Friday at .018. It has news catalysts, a clean chart, volume coming in and this all should add up to momentum. There is lots of insiders selling shares, so it may not be a stock that you can make 15% in a minute, but it's direction looks to be upward so it's #1 on my list if it's volume is strong.
SESN - (63M float) Not a very fast mover, but looks to be making a breakout above 2.50 on news of FDA accelerated approval pathway of their drug. Looking for 2.50 to hold and volume to come in.
Shorts:
Just to Watch:
OBLN - (12M float) Looks to be basing at 1.05. It needs volume and a PR to push the stock back up. Not a great long term chart as 1.40 could provide strong resistance. It's just on watch just to see what is going to happen at this 1.05 level.
BFCH - (N/A float) Just watching as the chart looks clean up ahead... but it's bitcoin. Looking for volume and a push up past .039.
FMNA - (1.16B float) Still on watch for a break above 3.31. It's such a slow mover though and I'm not going to get caught up trading it for a few cents. Wait for the breakout.
WKHS - (59M float) Still a rumor/Trump tweet play. Only on watch as it can crash at any time.
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