What’s up Profit.ly? Sorry for not putting out a watch list yesterday. Unfortunately we lost a very important member of our family yesterday so I was spending time at home with the fam. After being in our lives for 12 years, we lost our black lab Zoie who was struggling with cancer. It was a tough day yesterday and this morning so I took them off to spend time at home with my parents and brothers and sister. After all, that is the most important thing in life. (Not the money or the cars or the vacations) I’m still a little bummed out so I’m hoping this is a decent watch list for tomorrow. Let me know what everyone thinks! Thanks and I’ll see you all manana!
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AVXL – This broke out past multi-month support today which means it could potentially spike huge with some more volume like it has in the past. It could be a fake out so be careful, but if it starts to pick up in volume, I would look to go long her. I think this can easily trap shorts and we can see $8 or so. This is always on my watch list just as an FYI but I want to start looking a little closer here with this breakout.
BEBE – This was on my watch list the other day after it spiked up huge on Monday. It ended up fading most of the day Tuesday and then spiked and looks like it double topped at just under $0.80. It does have a little support at $0.64 so if it can hold that $0.64 support nicely, I may think about buying with the hope of a breakout above $0.80.
GNVC – Not much volume here however this earnings winner spiked over 50% today and held most of it’s gains into the close. I would love to dip buy this at $0.70 and I can see this breaking out above $0.80. This has spiked in the past up to nearly $4 from under $2 in 2 days so it definitely has the potential to run if we can see some more volume. Keep an eye out for that $0.80-$0.81 breakout.
NSPR – This is a tough one because it’s so illiquid. Not a lot of volume everyday however, it has been on a nice run up since the beginning of March. If it can breakout above the double top of $0.96ish, it can be headed up another 25% or more. If not, it may be a good place to short this back down to sub $0.50. I would definitely be careful and wait for a heavier volume day.
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, HMY, TGD, AREX, UPL,
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.
Nice report, GNVC was on my watch as well.- sorry for the loss of your pet, that's always tough.
Sorry to hear about Zoie. Loss puts alot of things in perspective. Soldier on!
My deepest condolence for your loss. Keep up the good work.
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