Market Notes:
Yesterday morning President Trump signaled a crackdown on Twitter (TWTR) and all social media platforms with an executive order. The order was symbolic, retaliation for Twitter offering an alternative narrative to one of the President's tweets. Tech stocks suffered all day.
Markets were up broadly most of the day yesterday until the President announced a press conference about China. No other details have been provided. The administration appears to be supporting Beijing's Hong Kong crackdown. But continues to attack its the handling of COVID-19 crisis.
Markets finished in the red yesterday, selling off in the final hour. Futures are pointing to a lower open today. I'll be cautious today, may scale back position sizes to reduce risk.
Watchlist:
TENX is a low float, watching for a setup above $1.60
NVUS is a low float, resistance at $1.40
HX is a low float, big runner yesterday, resistance is at $1.60
RNWK is a lowish float, watching for a setup above $2.20
ALRN is a lowish float, moving on news, watching for a setup above $1.40
ARPO is a lowish float, watching that $1.40 level here too
VRML watching for a setup above $3.34
HTBX is moving on COVID-19 news, resistance at $1.15
NAK has support at $1.18
@Nwacoszy Sorry I'm not sure what would work best for you. I can only speak to US based brokers
Okay, I will love to hear of the broker you have got there.
fidelity is easy to understand and trades OTC and pennystocks
@Vinadinolfi you mean fidelity brokers, do they have a trading app?
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