SHMP- is up for 6 days now.. Thought process for this one is that most likely ppl shorting this seeing as it is up roughly 700% in the last 6 days from .05.. First option being that tomorrow is a Friday and this is an OTC that has been doing well for multiple days is for the morning short squeeze being that this stock is within shooting distance of the highs.. Tomorrow if it gets a good push I would like to ride this for the breakout over todays highs at .42 and look to get to .50.. However I would like to think about taking safe profits in the .45 area.. Second option is if it has a first red day I would like love the dip buy into the .24 area where there is multiple points of support across a few days.
CLDX- next play as this ran for multiple days and now has come down off the highs for the last two days.. I am still thinking a support hold at .48 as this held yesterday and offered a gap up today.. Dip buy with a bounce to r/g
AMRS- the third play simply because this was a big runner three days ago on news of a $225M cannabinoid development. Has been trading sideways for two days.. The only reason I am looking at this is because it has been consolidation near high of the range, tomorrow is Friday and it is a play on canna with news.. I don’t like the faded volume so this is a be careful type of play.. Not really a day four as it traded sideways for two days even though they were green candles
CRON- too high priced for me but I love the pattern that it has.. This would have been a great overnight trade if I could have traded it in the $20.30 area. Closing at $21.11.. I would hold overnight for a short squeeze as ppl are probably rushing to short this stock
TPNL- watching. All time breakout, most volume it has ever had, revenue guidance, had news two days in a row, 23M float… not chasing in the $7 area.. If it runs it will run without me.. But I like the dip into the $4.9 support/$5 support for a bounce… only thinking dip because it is an all time break with the most volume it has ever had.. Other than that not to interested as its only a one day spiker which is not ideal for a perfect dip buy pattern
ALYI- watching might not be a trade for me and only a dip buy in the .04 area where there is support on the 52 week chart
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