Watchlist 30/07/2018
Asian market were seen down in today's session. This might effect the US market. So beware of stocks not being able to spiking as 3/4 stocks follow the market.
Why wouldn't I trade AWX:
AWX has been manipulated and one of their shareholders just bought 1/2 of the floating shares. This makes it difficult for me to identify entry points as the shareholder might dump his shares gradually. The float is micro of just 2.3M shares.
AWX financial situation is extremely bad and it is in highly in debt. Moreover, the company has many lawsuits against it regarding it wastewater management sector.
| Ticker |
SSLJ |
| Catalyst/News |
News on liquidation of a company run by SSLJ’s former CEO. |
| Price/Change/Volume/ Float |
1.35/126%/8.6M/8.36M |
| Resistance |
1.70, 1.85 |
| Support |
1.35, 1.00 |
| Strategy |
Up pre-market 22% · Bounce short below res @ 1.70-1.60 |
| Rating |
|
| Ticker |
BSPM |
| Catalyst/News |
Delisting notification |
| Price/Change/Volume/ |
2.31/36%/4.7M |
| Market Cap/Float |
6M/1.78M |
| Resistance |
2.83 |
| Support |
|
| Strategy |
|
| Rating |
|
| Ticker |
SRAX |
| Catalyst/News |
|
| Price/Change/Volume/ |
6.35/13%/23445 (PRE-MARKET) |
| Market Cap/Float |
58M/8.36M |
| Resistance |
7.70 |
| Support |
5.30 |
| Strategy |
Choppy chart · Buy B/O at 6.08 · Short below 7.7 (i.e. 7.4-7.5) |
| Rating |
Posted Jul 30, 18 8:21 AMbyAbdulaCategories
Price Action: Breakouts, Short Selling, Short Squeeze, Shorting Low Floats 
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