Hello everyone,
watchlist is not recommnendation to buy, sell or short-sell any stock but it is just my personal opinion of certain stock for that day so please do your own due diligence.
STOCKS FROM PREVIOUS WATCHLIST:
- VVUS - The range on this stock is getting tighter and tighter and it is due for a breakout or breakdown. This is what i see in a 60 or 30 minute chart and also daily chart i saying preety much the same. If they are not going to announce something soon than i am going to remove it from my watch because this stock can stay like this for longer time and i don`t want to waste to much time with it.
- VBLT - They are present at the conference right now in Wienna. Like i said in my last watchlist the reaction to conference will say it all. It might spike even further if they are going to announce something positive in the conference but in the long-run this will be a good potential short. I am not to biased just yet.
- CANF, CNAT, ONVO - All of them all good shorts into spikes and pops. ONVO was actually a solid short on friday late-day and i was watching it for short but i just couldn`t pull the triger. I hope i can get some solid entry price with ONVO this week.
- CUR - They are presenting their new drug tomorrow. Let`s see the reaction. Really hard to tell what it is going to do but i am going to watch it because it might offer us some trading opportunites. Long or short. I will see. I am going to judge by the price-action.
- EDAP - They had a conference in Germany which has ended in saturday. Let`s see if tomorrow will be any news regarding the conference. Stock does have some big-time resistance @ $6.00 and it will be probably be hard to break above that. In case it will form a double top and there won`t be any news and the volume is going to dry up it will probably be a good short with set risk @ $6.00 area... In case there will be some positive news and volume will increase we might get a nice breakout above $6.00. I am definitelly going to watch it. It might be interesting.
- GTATQ - I am still watching for potential short. I am going to lookf for short into failed morning spike (if it is going to have any) with set risk around $0.63 - $0.64 area...
NEW STOCKS I AM WATCHING:
- HEAR, PBMD - Were two stocks which had some increased volume on friday late day and both were uptrending nicelly. Specially PBMD. HEAR actually gave a lot of it`s gain back before the close while PBMD actually closed strong. I am going to watch them if they are going to have any follow through momentum. Both stock are former runners.
Wish you all a great start of new trading week and stay safe!
Posted Sep 27, 15 4:39 PMbysvoboda
Received 1 Karma
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