Good evening profitly. The watch from yesterday went pretty well so hopefully we see another successful one tonight. Some good plays all over the market for tomorrow so let's get into them.
Stocks under one cent
$TXTM- This is my number one watch for tomorrow for good reason. This thing had an outstanding day today hitting as high .0048. The stock did close at .0038 which the pullback was very nice to see or else the chart just looked unhealthy. It held the VWAP very nice which was good to see. It closed up 111% on the day. I got in at around .0022 at the market open. For tomorrow I would expect this to hold that .0034-.0036 area the bidders in this area were HUGE. The other support area is at .003 but I don't think we’ll see that tomorrow if we do I will most likely average up here. The nice thing about this stock is it traded over 400 million shares today. Follow the money. My goal for tomorrow is to retest the HOD area from today. If it can break there watch your L2s. This thing is not to be underestimated it had some serious strength today.
$ISBG- Nice day here closing up over 70% at .002 This thing may be a little tricky to trade tomorrow as there may be a dip buy opportunity here or you may just have to buy the break out that happened towards EOD. I’d either look to dip buy around the .0015 area which I’m hoping to do because I do expect a slight pull back at the market open. Either that or this play will be the opposite and you’ll just have to buy that break at .002 After that area I think if the chart gets enough volume it will carry it far. At least to .003 if not .004 This will definitely be on watch for me tomorrow.
$PSNX- Along with $TXTM this is the other stock I’m currently holding. It didn’t do that much today but it was a nice consolidation day along with a big stack of bidders at .0026. The L2s get thinner and thinner each day so I’m still liking my position here. Still think this thing as .004 potential but only time will tell.
Stocks from 1 cent to 1 dollar
$BMXC- This thing spiked early today to .025 before dipping the rest of the day and closing at .0194 An 8k was released towards the EOD stating the CEO owned a tremendous amount of shares. Like I said in yesterday's list she’s very smart and knows how to move her stock. For tomorrow I would love to get a dip buy in around .017 where there is past chart support. From there I would expect the retest of .025 from today. Also keep in mind there is expected news in the next week or so about an uplisting. This thing moves off news so just be ready at any moment.
$EAPH- Good day here closing up over 20% Volume was also the highest it’s been in a while which is good to see if you’re thinking of long here. This is pretty straight forward trade for me here. Wait for the .052 break then buy. Make sure it’s an actually break and not a fakeout. From there I think this thing easily goes .06 then depending on volume will test resistance at .07-.08
$ACOL- Nice day today coming off my secondary watch from last night. I really think this has some damn good dip buy potential here. I would look to buy in around .028 risking off the obvious intraday support at .027 If it holds there I think it could possibly retest the HOD from today. Watch for the dip and rip pattern like $ESES today. If a rip does occur I would be careful however because this thing has been running for a good amount of time now. Definitely take profits if and when you see the L2s shift.
Others- $ENRJ and $PLX
Stocks over $1
$ESES- This contract winner is still going nicely. There was a beautiful dip and rip to start the morning today. If you watched this stock today $2 was the obvious resistance. If this wasn’t a contract winner I probably wouldn’t have put it on here because I don't really like the chart that much in all honesty. That being said I almost took out a position at the EOD but thought pre-market tomorrow would be a better risk/reward. The way to play this IMO is to wait for the $2 break and just sell at the resistance at $2.25 I know 10% is boring for some of you but Ill take it every trade. A couple key things to keep in mind here are, this thing was shorted today so watch for a squeeze and like I said yesterday CONTRACT WINNERS RUN HARD ON DAY 2-3 usually.
$RGSE- This is definitely not my favorite stock but there’s no denying that today was a really nice day closing up over 35% There were a lot of bullish indicators here. For tomorrow I would make sure the volume stays up like it did today. Trading wise I would maybe look to buy this around that key support area of $4.20 If it can hold there I dont see any problems retesting $5. With this stock you really need to study the chart...it's definitely not a hope and hold type stock (Even though none should be).
Others- $CALA and $DRYS
*Actually one quick note on $CALA this thing held DAMN BEAUTIFULLY today so for tomorrow watch that VWAP line.
This is it for tomorrow. Make sure your plays are at the right areas tomorrow because there will be a lot of good setups so dont waste your trades on a bad setup. Follow me on twitter for updates during the day and here on profitly for watchlist and video lessons.
thank you!
Was wondering which scanner-screener you use for the <$0.01 % gainers ? Keep up the good work
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