Let me start off by saying that this is the first watchlist I've posted. If I get good, intelligent responses then I will continue to post them. I do plan on doing videos for every day I enter and/or exit a trade, along with a end of week recap. This will be my first week trading. I am starting with a $1000 Sogotrade account. Anything I post is pretty much for my personal guidance so I can look back on my trades and ideas to recap and see if I am on the right track. So please do not think that I am trying to give advice and then rip me a new one for being inexperienced. I'm focusing on dip buying right now so most of my strategies on these stock picks are IF it dips as I'm trying to focus in on one strategy to see how it works for me at the moment. I know that all these may not dip to my buy point, in which case they become a no-play for me.
$CPXX had huge volume on the day. It announced that it is looking to announce their overall survival results for a Leukemia drug that is in Phase III later on this quarter. and that it may be ready to commercialize it. It was up on speculation and an announcement anticipating another announcement. It spiked in the morning on Friday and wound up holding it's gains I want to see if it can hold 2.25 upon opening. I will dip buy this anywhere near 2.00. If it breaks 2.30 it'll be a 90 day breakout and a break past 2.44 would be a cup and handle breakout. if it hold 2.25 then that'll be my dip buy point hoping it will break 2.44 and run to the mid 2.60s
$FSAM entered into a Material Definitive Agreement with RiverNorth Capital Management for the purchase of 9,220,600 shares. It spiked .85 cents in the morning and then dipped back down 3.07 and then wound up topping out at 4.60 and then held its gains. The RSI indicates it is overbought. It has heavy resistance at 3.96. I'm looking for a dip buy near 3.72 with support at 3.64 looking for it to retest and maybe even break 3.96-4.00
$NXTD has a purchase order out there for up to $15M for their new DreamTip smart card. It had virtually no volume all day friday until going into the close. I will only dip buy given good volume. I want to see if it will hold .75 in the morning but a good play for me would be to dip buy near .50 with support at .45. If it holds .75 I want to see where it spikes to. I won't chase but given a good spike I may dip buy at .75. it may sell off a little as it is overbought and then break .75 and run as it is a possible cup and handle.
$SSE closed at heavy resistance at .46. It has close knit support. I'm just going to watch it and look for good volume.
$GLUU released a new game with Kylie and Kendall Jenner game that has the most mobile downloads. It closed at the high of day. It is SUPER choppy and dipped to 3.67 in the afternoon with happens to be a good support level on multiple charts. I'm looking to dip buy anywhere near 3.67 although a dip past 3.75 will break the uptrend. So i might buy on a dip near 3.75 hoping it will bounce back and break 3.95. This isn't a major play for me as it is super choppy. I just want to watch and see what it does.
$MEET I'd be looking to dip buy this near 3.00 because of strong support on hopes of it running to 3.30-3.60 range
$CYTR has old news of securing a 40M loan. It finished near the HOD. Looking to dip buy this around 2.49 with support at 2.41 on hopes of it running to 2.90 where there is strong resistance.
If you actually took the time to read this I would LOVE any constructive criticism. Anything I'm missing as far as what to look at? Or just anything that did not make sense. Even if you want to rip me apart I would still appreciate it as any comments will help me grow.
SSE will fly if given volume im watching it also cause it has minimal resistance at around .60 and if it has volume its blowng past there
Plus the \SEC filing werent to bad on that stock
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