1 time only watchlist / my idea of an example. I am a student, not a master!
$SCOR
Product is a simple analytic tool for Business. Seems alright and this is an important aspect of business. they have been bleeding for a while though.
Volume relativity is good
float is acceptable.
Good performance over the last Q with a nice uptrend but terrible of longer term with a nice breakout yesterday
Catalyst - New CEO and shock earnings. Although the earnings are still losses they are not the worst in the world. There is even a bit of fluffing with headlines like 'Hedge Funds Misjudge comScore, Inc". The earnings also came out early so there may be some sort of informational inefficiency
I don’t have level 2 so I would be looking for a nice clean breakout with force. Aim to get in before 3.40 but above 3.30. using 3.30 as the stop unless it breaks 3.40, then 3.40 will be the stop.
There will be some resistance between 3.50 and 4, then more resistance at 5 so looking to take most off the table before 3.60 and then dip buy higher lows for scaling only in the even that this does breakout with force !
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