Watch list for 9/20/17

 

$ITUS ticker had troubles dying today, gapped down on crappy price action, held yesterdays lows then squeezed R/G. It was a dip buy opportunity I'm happy I wasn’t short. Will have to wait for a convincing gap down and expect a 10-15% profit if FRDEGD lines up right. Will not do a FRDGR on this ticker as it squeezes easily. 2.0$ level rejected, observe PM tomorrow 11M shares traded/ 14M float.

 

$HMNY the top 2 % gainers today closing up 71%, this is a b/o chart that broke out of its Friday highs on the daily chart. There is still room to run on this ticker but there is a mid probability that it comes back down tomorrow because it isn't one to hold it's highs anymore. Do have to be careful though because it is a prev runner. A lot of traders bought in the 6.0s as level broke so if gaps down near 5.7 5.8 lots of longs will be underwater, no shares to short yet so far.

 

$SIFY the most extended chart compared to previous price action on the daily. 4 Green days without going red, will go big on this with a good R/R for a FRDEGD if levels permit tomorrow. Higher float stock closed up 25% today, not great price action on the intra-day but 1.5 is a key level will watch to see if it holds, is most extended & short able but NEED a CLEAR r/r with high odds, only be able to judge in PM tomorrow.

 

$CAPR top 2 % gainer today closed up 84% previous runner Chinese play support in the 2.12 area, even if it does gap down it needs to be below that level to give longs much reasons to sell so this isn't as high priority unless some real panic sets up with a bounce up to R/G on a FRDEGD but would not FRDGR on this ticker as front side isn't a good idea really squeezy… 12M float.

 

$WAC low priced ticker & TOP % gainer today closing up 115% on the day. Really did most of the work here in the A/H so there is a high probability of a second run up in the morning tomorrow but could crash hard after the run, or since its up 100% only in a/h it could PANIC at open near prev close then be a good dip buy, not really my criteria as its under 1$ but there is so much range it would be worth a short if there's shares tomorrow, will watch PM!