NRVN - Long 

Second green day holding over the previous day high. Expecting more dip to 1.25 then a bounce, or an start take off at the bell. 

PT from 1/29 Watchlist (  https://profit.ly/user/GhostDoctora/watchlist/31150 ) 

PT 1 : 1.5 ( Peak 1.45 ) 

PT 1/30/19 : 1.40

Stop Loss : 1.2

If price drops after the bell and does not break 1.25 I will add 100 onto Monday's 100 for a total of 200 making my average 1.15 @ 200 . 

PT : 1.32 ( Previous Close ) 

PT : 1.4 ( Previous Day Resistance ) 

PT : 1.5 ( Previous multi-month support line. )

 

FMCC & FNMA - LONG

 

FMCC and FNMA are pretty much identical charts so the theory about them should work together. 

News came out about FNMA starting to work with Congress. The reaction was a massive short squeeze. They dropped to it's first day spike support level ( 2.12 - FMCC 2.25 - FNMA ) after bouncing into the close. I suspect the short squeeze came from short sellers panic selling, causing a chain of stop losses to go off causing the drop. 

Gonna watch in pre-market to see if there is a spike or continuing of short squeeze. FNMA closed at 2.3 , .05 above the multi-day support. I am believe the short sellers to want to take their profits and cause a spike back over support level ( 2.45 ) 

FMCC had an article written by seeking alpha claiming FMCC grew by 6.6%, Increasing by $23M, as well as that family deliquency rate dropped in December. This article was release in post-market.  FMCC closed .08 over the multi-day support. FMCC has to hold above 2.15 to be a viable play. With a positive volume increase I believe it will return back to it's highs. 

FMCC - Buy @ 2.23 - 2.15 x 100 

Stop @ 2.1   

PT @ 2.5

FNMA - Buy @ 2.3 - 2.25 

Stop @ 2.20-2.15

PT @ 2.50

 

HIPH - LONG 

HIPH is on it's third green day after news from globenewswire 1/29/19 HIPH broke the multi-day high ( .065 ) The spike was caused from an investor valuing the company at .40 per share on 1/15/19. 1/29/19 would create the cup form in the chart since the investor valued the company. 

Buy @ .077 x 3500

Stop @ .0715

PT @ .0885

 

CWBHF - LONG 

Plan 1: If CWBHF bounces off the 14.15 support line. 

Buy @ 14.2 - 14.15

Stop @ 14.1

PT @ 14.6 

Plan 2 : If CWBHF breaks through 14.15 watch to see if it testes the 13.85 support after bouncing off the 13.85 support it needs to pass the 13.9 to be a viable play. 

 

CNAT - LONG 

Buy @ 2.30

Stop @ 2.20

PT @ 2.6 

Catalyst - Breakout from gap down on 12/5/19. Multi-day high. 

 

AST - LONG 

Buy @ 1.1

Stop @ 1

PT @ 1.2

Catalyst - First green day and a multi-day breakout high. 

 

Anyone care to check this out, let me know what you think. 

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1/30 Post-Market Review