What’s up Profit.ly?! I hope everyone had a great weekend and got some rest, studying and a little bit of fun in ;) I was busy all day yesterday posting for my new job and trying to get potential clients who are looking to rent downtown. If you guys know anyone in the Chicagoland area looking for an apartment, please send them my way and I’ll be sure to find them something great! I will be around in the morning tomorrow to watch the market and I’ll be able to occasionally check in throughout the day since I work from my computer pretty much if I’m not touring people or scouting my inventory. Here’s a look at what I’ll be watching tomorrow for potential day trades as I have 2 available to me. I hope you all enjoy the rest of you Sunday and if you have any questions, please feel free to message me and I’ll do my best to answer them right away! Let’s start the week off strong tomorrow and GET THAT MONEY!!!

 

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SPHS – This will most likely be a great short on Monday but I would certainly be careful. (I’ve been extra careful lately shorting because I’ve had 2 of my biggest losses recently on short positions). This gapped up nicely and ran to $3 before getting stuck and dropping $1/share. It did attempt to rebound but got stuck several times at $2.25ish and then faded under $2 before the close. If this attempts that $2.25 range in the morning and fails I would consider shorting it. This will certainly be in play in the morning nonetheless.

 

HHS – This was beautiful on Friday late in the day when I got in at $1.75 before it spiked above $2! I got in as the volume was really starting to pick up and it was breaking out past the HOD. My goal was originally to swing this over the weekend with the hope of it gapping up on Monday, but when I saw it blow past $2 and then fail, I figured it was going to sell off and a lot of people taking profits so I did just that and got out for a $250 win. It did crack a little and drop back to my entry but I do still think this may have some juice on Monday if it can possibly retest the highs and start squeezing. This should be a top watch in the morning!

 

CNXR – This gapped up on news Friday and then ran in the morning up to the $2.10 range. It ended up fading right away down to the $1.50 level but managed to find some support there and it bounced a few times off that level and closed nicely at $1.72. There’s a lot of resistance at $2.50 on the longer term chart and then some resistance at the $1.70ish range on the intraday so let’s wait and see how this acts on Monday morning first before we make any decisions. If it fails to spike, it may be a good short using $1.70 as your risk with the goal of it cracking $1.50.

 

 

Secondary Watch: NVCN, CJES, TPLM