Nice pop tonight on MSPR, and ELAB was a great all day grind. A recent reverse splits, NAOV took off like a bat out of hell today, from 6.50 to 16.50. Take a moment to check that ticker out, perfect double bottom reversal...congrats to anyone taking gains. And this is why I didn't get out of TNFA today...it's given me no reason to exit, even though it is now out of the timeframe window that I trade on reverse splits. I'll hold it until it does; right now I'm in a slight gain and have a smaller position on it. Still waiting for a good PR to come out.
Tomorrow is a big day...everyone seems positive that the FED will cut interest rates. If they do, could be a positive impact on certain sectors, especially anything to do with loans (ie banks, car dealerships, real estate)...would be wise to have some old reverse split tickers on watch that are low float and have low dilution / high need for cash. Some stock analyst also highlight that any time that there has been a rate cut when the markets are at all time highs, that there's been a short, month long period of volatility (to the downside apparently)...so be mindful of that. Not sure how much that will affect the little turd stocks I trade, but generally 9 out of 10 stocks follow the market.
KITT: Marine Robotics. 4 million float (not my fave for this set-up), but still considered a low-ish float. High risk, but still good potential for 30-70% pops. Former Supernova. Loaded with shorts. Keeps teasing both longs and shorts, but I'm liking this set-up. Still a good area to get in, risking the $3 area. Waiting patiently for some PR to come out. Goal $4.50+
SDST: Lithium Mining. Higher float than I like (5 million), but a GREAT probability for a 30-70% bounce at bottom...held the $2.60s. Still being mindful of the negative news it had, looks like it had some sales of securities too. Long term hold for investor gains on this one (negative). Needs a good PR. I might take a position here, but the goal is only $3.25 - top of the trendline. So only a potential 20% gain from here.
ABTC - Digital Cypto Mining; higher float than I like, high risk too...but it's coming down to the bottom of an uptrend line. It needs to hold $6.80 for the uptrend, and if it doesn't, then $6.10 area. Otherwise..adios. Tomorrow is it's last day on my watchlist.
SGBX: Shipping Containers. MICRO FLOAT. Higher risk (VERY HIGH RISK), but still has potential for a good spike from the bottom. VERY risky to trade this, but I'm watching this to come back down to the $7 level or more. Might start taking a very small position on this if it comes down some tomorrow.
BDSX: Bio Tech Lung Cancer. Lowish float (but not great), and also High risk with LOTS of dilution. Watching for the double bottom at 3.63 area, that's about a 50% drop from where it's at now.
One ticker conducting a reverse split tomorrow:
NXTT: China SAAS Cloud. Low float, low risk. This particular risk profile hasn't been doing so hot..has major dips before reversing. And it had a massive spike last week when China was all the rage. Huge dump though, so I'm a little weary and will just watch.
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