My first watchlist since joining the challenge. Been digesting lots of material. First test of my understanding of the content.
MDGS
No activity in past 6 months. Negative gross profit in 2017, 2018, and 2019.
Fri 4/24 stock surges from $1.40 to $3.42 on positive news, then back to 2.11 in the same day. Meets resistance level from 7/2019. Possible pump from coronavirus wave. Potential development of "biological gel" to protect patients from Covid.
Fri 5/1 stock surges from $2.25 to $5.15 again on positive news, then back to 3.66 in the same day. Breaks 52 week high. Order placed for 10,000 Covid test kits. Unrelated to previous week's news article content. Potential pumping articles?
Watching for gap up/down in the pre-market. Potential long at breakout at resistance of 5.15. Potential dip buy from morning panic bounce. Intraweek chart shows consistent bounces off the morning panic b/w 10-20 cents/share.
MVIS
Trending around $0.75 for past 1 yr until late feb (2/26), where it dropped to $0.25. At least 4 big pice movement days in past 6 months.
Price surge Thur 4/23, then 4/30 (resistance at 0.30). Breakout in after-hours, after announcing earnings statement to be held 5/7. Friday 5/1, price surges to resistance (0.55-0.60). Holding around 0.40....
Premarket look for crash after 3rd green day. Potential dip buy morning panic. Not huge returns, likely ~10%.
TGHI
Positive news on partnership. Price close at 0.13. Surged from 0.02 to 0.17 on Fri 5/1 off partnership news.
Current resistance around 0.15. Look for serious volume. Potential to crash, Price way above vwap line.
LIVX
Price is resting at 3.03, which is testing the current resistance level of 3.05 from 7/2019. Huge, increasing volume in past 3 days. look for high volume and potential crash or breakout from resistance level.
AGRX
Price is at 2.77, reached 2.95 on Fri 5/1 at resistance level of 3.00 from 11/2019. Not very impressive volume. Possible surge due to BS article from possible promoter site. Watch for crash on morning panic. Mainly just to watch and learn, not too impressed with overall volume.
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