SOOO many things in play tomorrow guys and girls! Are you all prepared to make the most of it? After having the best trading week of my young career, I look to follow it up by another solid week, as there’s a ton of stocks out there to watch. Below are the stocks that I’m following more in depth but as you’ll see in my video, there are a lot to keep an eye on which I’ll show you below. Here’s what I’ll be watching tomorrow and the rest of the week. Hope everyone enjoyed their weekend, got some rest, and now getting prepared for another fantastic week! LETS DO IT!!

 

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https://www.instagram.com/hammertimetrading/

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http://profit.ly/guru/timothysykes?aff=6394

 

#Hammertime

 

 

CIE – I got faked out on Friday a little and sold my position (like I said I would) since it hit my stop loss. I set my stop loss at $3.15 which was support from the previous day. I said I would hold this through the weekend unless it hit that and after failing to spike and breakout at the open, it dropped under $3.15 and I was out. Shortly after that it spike all the way above $3.60, which is exactly what I thought it could do. I’m definitely on the right track here and I’ll take a $10 loss all day over a potential big loss, which could’ve happened. FOLLOW YOUR RULES! Also, I was running out to enjoy my first day of snowboarding and didn’t want to get stuck inside watching this all day. I still see some room to run here as I mentioned it could hit $4 next week. There was an article that came out Thursday night saying they’re being investigated by Ryan & Maniskas, which was part of the reason why I sold at $3.15 because I thought it would tank after the article. However in hindsight, I don’t think the stock will be affected unless they come out with some actual news saying they did something wrong. As of now, innocent until proven guilty and I can still see this thing going up.

 

UPL – I called this perfectly in my watch list from Friday. It tanked right out of the gate before recovering a little and then ending the day back at its lows. It does look like it found some intraday support at $1.05ish so if it can crack that, look out. Ideally I would like to see this get back up to $1.30ish before shorting it again, however there is still a ton of downside here. I expect it to continue to fall over the week.

 

RJET – Another perfect call from my watch list on Friday. This tanked out of the gate as well and rebounded nicely, similar to UPL. It finally gave up towards the end of the day and I expect this garbage to continue to drop next week as well. Still lots of downside here (roughly $0.75). Definitely watch this closely all week.

 

WRES – New to my watch list, this went nuts on Friday as it touched $0.40 from its $0.1250 open! No catalyst here that I could find however from a technical standpoint, it closed right at its prior multi month resistance at $0.24. If this can breakout and hold above that level, I can see this running back up to $0.60 or so. Careful though because I couldn’t find a catalyst anywhere and the company is warning about a potential bankruptcy. Something to keep an eye on though.

 

AREX – This looks like an earnings winner and it spiked up big on Friday and then it looks like it found intraday support at $1.40ish. It broke out past multi-month resistance as well and I can see this getting back up above $2 Monday. If it fails to break out above Friday’s high of $1.90, it could be a good short opportunity. The only problem is that it’s an earnings winner and it’s very risky to short earnings winners.

 

 

Here’s a few stocks that I’m always watching do to their volatility and ability to spike huge given the right catalyst or PR. Sometime they spike when they start to get near their long term support levels also without any catalyst.

 

VLTC, LIVE, AVXL, HMY, NXTD, TGD, UNIS, GSS, ELMD

 

If you would like to know why these are on my watch list you can either ask, or go back into my watch lists from earlier in the year explaining in detail what I’m looking at and why.