So I'm starting live trading in the month of February but I wanted to start posting some watchlists earlier to get into a habit of analyzing the markets and using profit.ly to keep me accountable.
$SN
Huge volume day on Friday when it ran and hit resistance at 11.50 and faded off from there. In my opinion this can go both ways since it's a low float play that came out of a nice daily flag so there is potential for a day 2 run but it is also running straight into resistance at 11.50 so we shall see how it reacts to that level tomorrow.
$GLBS
Also broke a descending channel on the daily and ran like crazy. It is a low float former runner and it has some resistance in the nines but could be a potential second day play.
$TBIO
Another runner that seems to be on the back side of the move but it's sitting right at the 1 dollar mark which can serve as a strong support area. Also could go both ways either bouncing from here or breaking below and continuing bearish.
$CENX
Also a low-float runner. Could be a potential third day runner since the nearest resistance is at around 12.50s. It's a little extended but still could have more in the tank in my opinion.
$CCJ
One of my main watches, after several days of running it's definitely getting a little over-extended and it is also running into major resistance at 13.50. Could be a good short if it forms a double top or an intraday bearish pattern at that level. Also could be a good breakout stock if it consolidates below that level for a day or two.
market closed tom
Thanks for your looks.
Join now or log in to leave a comment