Watchlist for January 2nd Watchlist (Tuesday)
GSAT – Long term stock that I need to wait on to improve. Great chart that is looking to breakout however the volume blows and it is unable to go over the 1.30-1.40 hump. If it does that however, look for a huge BUY for my incoming and also other stock peoples.
INFI- Finally going back to green, this stock has the potential to reach 2.5-3.00 anytime, great stock to watch. Especially with volume coming in earlier today. Has a similar movement like ADOM especially with its spike ending on a red day, could be a 10/10 potential, need to wait on the dip and see if this stock has enough power to get over its HOD 2.48
Reward: 30-1.00 gains per share Risk: .10-15 cents per share.
NIHD - This stock is hot on the market as it had a new investor call out his 10% stake, this thing could bounce back up as its first green day after 3 straight red ones looks good. Could bounce real well as it has resistance at .45, .51, and ..65. However, it had previous spikes from the .51 and it failed multiple times. However, this time could be different with new volume and investor coming in. VERY HOT PLAY, risk: .39 Reward: .5-.20 cent gains
Rating: 61 (If it begins on a green spike wait for the dip)
LGCY - This is a former runner trying to run. Limit is that it can run to 2.00 easily especially with its liquidity. However, I need to see something red or a wall of sellers because rn there is no limit to this stock. It is straight unpredictable. FORMER RUNNER THO
Risk: 1.37-1.41 Reward: A runner .20-1.00 profit
EARS - NEWS winner and big jump from yesterday’s market. I like these gapper stocks who have a great big green day. It is relatively the same as ADOM but its WAY tougher for it to climb .65-.70 due to previous resistance. Other than that, I expect a .30 cent climb. However WATCH THIS STOCK HEAVILY.
Risk: wait for support levels or watch level 2 heavily and may be a lost of .10 at most, Reward:.20-.50 good deal
Rating: 92 especially if it can build a support level 2
NEPT – Recent stock that broke its previous HOD and high of 52 weeks. This stock has no level of expectation and it could blast SUPER SUPER HIGH because there is massive volume on this stock. However looks like there is a fat number of bagholders who see this stock as “going to the moon”. However before I buy I must see a safe support level to buy this stock. As if it is able to hold the 2.20-2.35 ish then it’d be a safe buy, however as of right now very difficult to tell on this stock. So far this stock has done the 2move jump but now I am waiting for the next gap up.
Risk (as of now) = losing .10-30 cents per share Reward = Unlimited or 2.44 which was its close. Closed on a very big green gap.
CHCI – This stock has good chart action, however it is lacking the necessary volume to explode, however It did explode with little to no volume. This stock has previously exploded to 2.7 last month and it could happen again this time. Watch this stock as I have put the support level for each movement of the stock, Great potential if it opens and holds a supporting level.
Risk( as of now) = It would be a great level but need to wait for a legitamite support level rather than just green candles. Lose .10 if anything it could jump up and down consistently. Reward = .20 – 1.00.
SNES – This stock is a slow mover like WMIH. This stock is soon going to challenege a .70-.80 huge resistance but it is on the move and has doubled its average volume. Watch this stock as it can move real quickly if any sellers get taken out quickly. A great looking stock as it has a huge gap with no resistance if its able to break .85. As anything over .92 has little to no resistance to blow up. Great buy and stock to watch. \
Risk = .5 - .10 cents per share Reward = .10-1.00 depending on if it gets volume anytime soon.
Rating: 70 because it has no volume atm and has a huge amount of resistance
PLX(SAME AS SNGX) – this is going to be the hot stock of the day. As of premarked it has heavy volume due to news coming for this stock which is a biodepartment. This stock could get going real quick as in premarket it has gone up .6 cents and other than a huge wall at .9, this stock could blow up past 1.5 today. WATCH, high alert
Risk= .10 cents Rewards = Very high
Rating: 60 (hard to determine rn)
WPCS – This stock had its 2nd green day after 3 days, could be a hot pick that will be a jumper. It was a previous spiker that went from 1.2 to 3.38 in a couple of days. Watch for this hot pick to pick up and find momentum.
Rating: Merger news will be incoming mid January