Watchlist 31/07/2018
Asian/European markets have seen a mixed day.
Yesterday’s US markets were seen red, with NASDAQ dropping -1.37% mostly weighted by FB and Tesla. However, today in premarket, the US markets are back in the green territory.
I liked Michael Goode’s nice explanation on Mintbrokers purchasing of AWX, MTSL and GBR shares. It is clear that Mintbrokers were behind the price manipulation of those stocks. Sadly Mintbrokers own Suretrader which is my only broker right now. This issue certainly discredits them and soon I will be opening another broker account.
| Ticker |
ABIO |
| Catalyst/News |
No news |
| Price/Change/Volume/ |
.817/41%/5M (36% of float was traded) |
| Market Cap/Float |
11.4M/13.8M |
| Resistance |
.81 |
| Support |
.75 |
| Strategy |
Buy B/O above .82 if there is momentum. The stock needs news to pump it, otherwise the price might decline. |
| Rating |
|
| Ticker |
MYND |
| Catalyst/News |
New service regarding behavioral health |
| Price/Change/Volume/ |
1.86/34%/15.9M (4xfloat rotation) |
| Market Cap/Float |
11.2M/4.23M |
| Resistance |
2.60, 3.18 |
| Support |
1.81 |
| Strategy |
Price reached 2.07 AH. I didn’t want to dip buy when the stock dropped 40 cents within an hour after having the price supported at 2.17is. |
| Rating |
|
| Ticker |
CRMD |
| Catalyst/News |
Phase 3 study to be filed to the FDA. |
| Price/Change/Volume/ |
.70/37%/26.5M/ |
| Market Cap/Float |
57.3M/74M |
| Resistance |
1.63 |
| Support |
.64 |
| Strategy |
The price dropped 15 cents within an hour. I tried to dip buy but given that the overall market was down and there wasn’t news pushing the price up, I have decided to leave it alone. Price when up during AH to .74. Posted Jul 31, 18 7:53 AMbyAbdulaCategories
Price Action: Breakouts, Price Action: Buying Dips/Panics, Price Action: Shorting Bounce, Short Selling 
|
Join now or log in to leave a comment