GSUM closed green on Friday. Continues to hit knew highs. Now even more over-extended. Looking at some nice strong multi-month support in the 4.00s. Current price near its high at 4.50s so looking for a panic/bounce play since its over-extended. Will use 4.50 as resistance.
New Plays
SKYS : nasdaq
- Cap: 56M
- Vol: 32M
- Float: 19M
- News: News 4 days ago, Nothing exciting.
- Past history sucks no multi-day spikes no supernova. Sucks. But if were to play looks to be good multi month support now in the .99 range. Could play a Dip since its over extended but not good past performance so if it panics might not even bounce.
IPWR: nasdaq
- Cap: 7M
- Vol: 3M
- Float: 10M
- News: 1 month ago. Sucks
- Past performance sucks. But has shown it can multi-say spike. Currently over-extended for a low price stock like this. Looking at .47/.45 support
OCC: nasdaq
- Cap; 40M
- Vol: 555K
- Float: 5M
- News: Good news of warren buffets dude buying 300K more shares of company. So he is hyping this play up.
- Past performance has spiked multi-days. Low float low market cap, has the news. Vol is there. Multi-month support @4.67ish and @4.50s. Also very good multi-month support @4.20s range. In play. Wouldn’t doubt it if it mornings spikes tomorrow with the news causing even more hype. But will only play on a panic/bounce won’t chase.
Posted Feb 17, 19 10:31 PMbyicey31
Received 1 Karma
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