HELLO PROFITLY! Sorry for the caps but I’m real excited to make a public watchlist for the first time in forever. I do apologize that I haven’t made one in quite some time I’ve just been crazy busy. Lets just get right into this thing.

RECAP

 

Stocks under one cent

$PSNX- This is the only stock that I currently hold right now. This thing has a beautiful setup IMO. It closed down Friday, but don't be fooled it still had a nice day. If you go to the chart you can see the higher lows forming on the chart along with an RSI in that key moment zone of the mid 50s making this very bullish. VFIN was on this for a bit (but as retail) but still caused the stock to go down. He’s now moved off. For Monday I’m honestly probably going to grab some more shares early. Chart wise the thing I’d really like this thing to do is hold .0027 tomorrow but I’ll be fine with it holding .0025 as well. As far as resistance goes this needs to break through .0035 If it can do that it should go past .004 easily.

Just another nice consolidation day here again. The lowest it dipped was .0026 and there was a nice big wall of buyers there. The L2s are getting thinner each day so I look for the move to happen within this week.

 

$SDVI- This thing was up 8% on Friday, but that’s not really why I put it on the watchlist. The reason it’s on here is that the company released revenue updates over the weekend that looked really good. This thing was fairly bullish already and now with the news I think this things should pop fairly decent. For entry I’d like to get in around .0012-.0015 I’m really fine with any of those entries. I think with the news this things should break the resistance at .002 and from there it’s anyone’s guess so watch your level 2s.

Really just a failed play here. I watched this thing first thing in the morning and didn’t like the level 2s at all, so I never took a position. It spiked to .0018 early but quickly went right back down to .0015 and never got above that for the rest of the day. With not a lot of volume here and a failed morning I will probably take this off the watch for tomorrow.

 

$TXTM- Some nice fillings released on Friday. It had a good day closing up 70%. If I could get this at .0015 on a slight dip buy I’d be very pleased. I think for this weekend with the fillings and some events happening this thing could easily go .0025 or even higher. Will be watching this thing very close at the open on monday.

BAM! This thing was showing strength before the market was opening on L2s by gapping up a little and trading some shares. I got in right at the market open around .0021-.0022 and it never looked back. The intra day chart is just damn sexy IMO. The stock did hit up to .0048 but I was on my phone when it happened and couldn’t get any good connection (Lol I know let the excuses begin). The stock then dipped back down to right around the vwap which I was actually excited to see because I didn’t want this thing going nuts the whole day (I think that comes tomorrow). It did hold vwap nicely and had a damn good close. I never try and predict supernovas but this thing could definitely go huge tomorrow.

Stocks from 1 cent to 1 dollar

$BMXC- Good day on Friday closing up over 20% The CEO is smart here guys. She knows how to move the price so keep watching this for updates that make it spike. I’d look to dip buy this here on Monday at .021 and put my risk around .02 I think this thing hits .025 within the next couple of days then the chart see’s some open space to run. There should be an update within the next couple of weeks about an uplisting here too so just keep this on your watchlist and look out for any news.

This thing spiked early in the morning over .025 but then faded down into the .016s where it found support and hung around .02 for the rest of the day. This thing will still be on watch and I’ll talk about it more on my watch list tonight.

 

$PLX- This thing has been on quite the uptrend for the past month. For Monday I’d look to see if I could get a dip buy around .60 with a goal to break .68 I would most likely risk 2 cents a share here. This isn’t a main watch for me by any means, but it’s still something you want to watch over this next week. Be careful with it though.

This thing had a pretty boring day but did hold that .60 area perfectly. I’ll probably take this off my main watch however because there are so many other good plays right now. If you did get in today I still think this is a solid swing.

 

$MYHI- There are quite a few traders waiting for the break here at .90 cents. This stock is still very bullish so this will probably happen. However, remember that no matter what stock your talking about $1 will always be resistance. It’s going to take some serious volume to push through that .90 resistance. So what I would be looking at is if and when this thing breaks .90 look for a quick move over $1. I think if it takes a day to try to break over $1 then we will see a pullback. Basically what I’m trying to say here is don’t be greedy and take your 10%.

This is why I was warning you about this stock. It had a gap down and never really recovered. There was just too much resistance up ahead. This stock goes off the watch.

 

Others- $ACOL NICE

Stocks over $1

 

$GSAT- Nice nice nice chart potential here IMO. There’s a lot of talk here so people are already watching this thing. For Monday I’d like to get a slight dip buy on this thing around $1.60 risking off the $1.53 area. From here the chart looks primed to go to $1.80 at least. If it can break that area this easily goes to $2-2.20. Nice risk reward here.

NAILED the bottom here right before the big rip. The move was down right beautiful. It didn’t get quite to 1.80 but did get up to 1.75 Unfortunately I wasn’t around to see the rip but I really do hope some of you traded that dip because it was textbook.

 

$HTBX- Have to watch this thing because if it gets volume it can really run just look at the chart history. Basically I’m just watching volume and level 2s here. It’s going to be a pure momo trade for me so don’t overcomplicate things.

Honestly I forgot about this one...there was just too many plays to watch. However, I’m glad I didn’t watch it. No volume compared to Friday. I'll keep it on a secondary but this is worthless unless volume spikes up again.

 

$ESES- Contract winner here. Not to crazy about the chart. If I were to trade this on Monday I would basically play it off the intraday chart from Friday. Best play IMO is to try and dip buy this at $1.20 but you may not get that opportunity. Even though it’s not my favorite chart, contract winners usually run big for several days so this has to be on your watch.

Good day here. The stock never even got close to 1.20 but watching the level 2s that 1.50 bottom was pretty predictable. The rest of the day was actually annoying for me to watch. This is because traders kept buying in around 1.94 expecting it to break, then when it dropped they would panic sell in the 1.80s. Wait for your damn L2 shift/break lol, it’s basically just throwing money away. I was very close to buying this EOD and will be curious to see what it does tomorrow.

 

That's it for Monday’s watchlist, hope this helps you guys out and helps you make some money. Still remember to always do your own research. Make sure to follow me here on profitly to get alerts about my watchlists and video lessons. Also follow me on twitter for updates during the day. See you guys tomorrow.  

All in all a decent day for the watchlist, with some definite money to be made. Will post tomorrow's watchlist soon.