Watchlist for: 2/1/16

 

WATT: Consolidating nicely after it spike, potential morning spiker if it starts uptrending premarket, no news over the weekend but rumored apple deal so hype could cause this to move parabolically

AMDA: Recent mover, still consolitating, will set alerts and wait for the 2.45 crack, from there it could freefall. Double bottomed already with a slightly lower high before consolidation. No new news

TRXC: Will be watching for multi-day to see when it cracks 2.55, would look for .50 a share with tight stop loss, level 2 has to show me major weakness to enter this

CRK: Uptrending nicely, starting to hit resistance on previous bounces, will see if it can break through, if not im not going to keep watching this. no news at all

COSI: nice double top at .65, will see if it can pick back up and re-test that level, could be a nice short if it fails, otherwise this is just going to fade off and be dead

MNKD: Swinging back up nicely, little cup forming. Will be looking for a re-test of 1.18 area, possible breakout or short if it fails. News from saturday this weekend that just bags on this company. Definantly a short if it downtrends pre-market and opens weak, maybe short into bounce if I cant get filled

SDPI: Solid mover the last couple days, would like to see a morning spike and blow by the breakout at 2.86 (previous high) where I would maybe buy

MTL: Nice runup but pulled back slightly at resistance, possible short if it re-test 2 and continuous fail, will be very careful here since its day one and could easily breakout, probably no play monday, but will keep on watch

CC: Will be watching to see if it tops out in the low 4's again, could also go long on the breakout past 4.20 area. No new news afterhours as of saturday

EMES: Nice first day runup, closed right near its highs, would love to dip buy this as close to 3.60 as possible if it can hold that support No news so might be a pump, will have to look and see whats going on. Probably not going to trade this right away

APPS: Solid breakout past 1.15 but no news as far as I can tell. Got up to 1.30 area, might have another leg up at which point I would buy the breakout at the highs, but would really need to/like to see a catalyst or reason behind the movement on this stock

CENX: Solid run-up, would love to see a breakout past 4.85, very bullish chart. Very good fundamental analyses score released, stating that the company is 'severely undervalued". could definantly move a lot very fast premarket and right out of the gate

DNR: Chilling up near lots of support/resistance. will set alerts .10 above and below the current price and when one goes off I might start watching the price action to determining direction, and possible make a trade based of that analyses. oil play so if oil keeps going up could be a solid play, but I dont usually like or trade oil plays

 

radar; $LPTH( bounced nicely back towards consolidation, possible short if it gets weak fast)

 

Lots of plays, most were on my watch lists from last week and still "in play" potentially. As always I hope this helps and Happy Trading!! See you in the chatroom...