Here is my watchlist for 9/15/2016.  As usual these plays are based off low float with high volume, liquidity and a spike up.  I look for an overextension to short or long continuation after consolidation. I add an alert at the top after the initial move to alert me of any consolidation spike up for a continuation long.  I also set an alert for a gap down or red day for my short entries.

 

Symbol	Current	Risk Target	What to Look For
BSPM	3.51	3.52	Overextension of Spike Up into considerable overhead resistance
STEM	1.54	1.70 - 1.78	Volume back with spike up. Plenty of overhead resistance in place. Watch for Top if it can make it past 1.70 could breakout long
MHGC	2.06	2.20	Huge Spike into a lot of overhead resistance. Short overextension or long if it can get past 2.30
NAVB	0.98	1.10	Broke through 4 day resistance next stop 1.10 if bounces take short otherwise long for continuation up
ACST	2.69	3.00 - 3.10	Huge Spike Up Short Pull Back off of intraday resistance levels