Good day everyone,

 

Yesterday I couldn't trade since my internet was basically down and I had a big time delay on my time and sales prints and level 2. In any case, seems like things are starting to move this week.

 

Tier 1

 

CBLI - Well I was wrong about this one, it bounced as expected but the spike was a good one, it actually managed to get the volume needed and broke out of previous highs. Top watch specially if it manages to get some volume early in the day. 

 

NADL - Has staretd bouncing now and It's sitting close to 2 mark. So gotta watch it for potential continuation. Volume seems to be picking up as well.

 

Tier 2

 

SNGX - Had some uninteresting news in the morning and I understimated it, Longs won over shorts yet again and managed to squeeze them for a good run up to 5. Stock kept downtrending afterwards. But it can still bounce so I'm keeping an eye on it. Also a low floater so with enough voume at a time it can actually spike big time.

 

SPU / SKLN - Other low floaters I'm watching since this sector seems to have catched fire. SPU is a former nova but they recently made an offering so that might actually hinder its ability to spike, but then again everything can happen in this crazy market. SKLN as well has spiked big in the past so it could have some continuation. 

 

I'll most likely set my eyes on whatever has the highest volume before MO. They all have a chance to spike but a volume surge is confirmation. 

 

As always good luck and good day to you all.