MONEY MONDAY!!! WOOOHH Monday's never felt so good! I know a lot of you profited today and that's super awesome to see. I know I'm gonna miss a handful of stocks here that were in play, but I'm just gonna go over what I played and what I saw that I thought was interesting.
$RDHL:This was pretty much the strongest first green day pattern that I saw today. Beautiful breakout above the .78 cent level on the daily chart. This stock traded a record shattering 193 million shares today on news of a 5 year FDA deal. As always, this is a low float low market cap stock with zero overhead resistance, so this is for sure going to be one of my main watches this week.
$CDIO: The one that refuses to die! I think I covered this one a few times in the past week or so, so I'll be brief. As far as the news goes on this I didn't find anything new; the stock seems to just be holding up on past news back on 11/20/2023 of the supply and distribution agreement with Aimil Ltd. I'll be honest, $CDIO is a bit extended here in the low / mid 2's, but if it can hold onto its gains and test that $2.50 level we could see continuation towards $3.00. On its most explosive days the stock traded at least 100 million shares, and as of now that's jut not the case anymore. That being said, I would only consider a trade on this one if we get massive volume along with a $2.50 test. I'll be keeping my eyes on it just in case.
Those are the only two plays I'm interested in at the moment, and although I'm not really looking for trades on these, $SHOT and $MRAI are a couple to keep in mind for possible continuation.
Well guys, that's gonna do it for me this evening. Let me know what stocks you guys are watching for this week! I'm always interested in seeing what others are trading and why. Three days left everyone...three days left, then we head into the final stretch of the year. Good luck to you all, and as always, LET'S CRUSH IT!
- Gyasi
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