JADA
- Keeping this on watch for a potential 52-week OTC multi-day breakout. It had a nice volume surge today due to being uplisted from Pink limited to Pink current on the OTC exchange. This is a breakout that's going to need to prove itself before I enter given the nature of the last breakout over .0645, the real move didn't start until day 8 once it broke the previous high.
TOMZ
- This had a fakeout breakout today which I thought it might because it's last breakout happened on the second attempt. What I didn't expect was the nature of the fakeout. I was actually considering buying this power hour for an overnight swing if not for the fact that it had an afternoon push and was a bit too extended from the breakout price. Typically I would expect something like this that's able to hold the key level all day to continue holding through power hour and have a strong morning on day 2 but this snapped violently into the close before bouncing back up towards the breakout price. I'm not sure why it snapped so hard but I'm going to wait until after the company announces earnings on Thursday to see if that can serve as a catalyst for a more stable breakout.
VNNHF
- Nice OTC FGD that finished a little weak but still is approaching its 52-week high. Not sure about the catalyst, I'll need to do a little more digging. Also keeping an eye on the all-time highs in the mid .80s even though the volume wasn't as significant it should serve as psychological resistance.
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