Tim Sykes Weekly Watchlist: WKHS, ADMS, SMSI
WKHS: a previous top % gainer. Tim is watching to see this slowly grind higher into the week due to an analyst raising his estimate for this ticker's shares by 2 bucks due to the company starting the 4th quarter with manufacturing more than 1100 vans for UPS.
ADMS: just released earnings and beat EPS. This ticker has been performing well throughout the overall market and has started to break out of a 2 month base.
SMSI: another previous top % gainer that's set up technically for a potential multi year breakout with resistance at 6.65. This company is ramping their business with Sprint and there's talk they can add a new carrier relationship in each of its main product categories this year.
SIRC: a ticker Tim posted for his hot stocks to watch yesterday; it's been on an uphill grind since Friday and has been breaking out strongly all of August. Went up only 3 cents yesterday at the end of the day, just looking for news or some release to create a breakout.
JCP: up 8.04% in afterhours according to SeekingAlpha because its director bought a million shares at 0.59 cents a share...
I traded YUMA today, may watch it to see what it'll do since it spiked after lunch yesterday and dropped again. I don't think it'll do anything without news. So pissed it kept going higher but I was asleep for work when this happened. Played it safe.
Might also watch PSTV because Tim traded it yesterday; it was up on Friday and then sold all day yesterday as a result.
Remember that this market is all about buying the short squeezes and the dips! Recognize the charts! It's hard for me to do because I don't have level 2 access yet but I can see the signs still.
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