February 22, 2022 Watchlist

KAVL- Not what I wanted so I cut my losses after the morning panic. This stock is choppy but it provides good opportunities both way. I want to see a b/o or a decent panic to dip buy into. Not sure if I want to even dip buy but I will think about it.

HOOK- now this is my number 1 watch going into Tuesday. I wasn’t planning on making a trade on it but while I was out I was watching this stock on my phone. I can say this now but if I was at my computer I probably would’ve seen the volatile break through a key level and catch it where it consolidated. I had a little FOMO but I knew I wasn’t going to have to many chances. I was risking $30 and got in with twice the amount of risk. If I was patient, maybe I could have double the size with a better risk to reward. But small size looking for a gap up and definitely looking to size up if I get my way

FTK- interesting move not sure if this could keep going but I’m looking for it to get above the high it set at roughly 1.9 so really want to see it get above 2 in a volatile move with volume. It is up because contract I mention in the last watchlist.

REDU- This is shaping out to be a decent play. So much similarity to COE being in the same sector, industry and country. Very interested to see how this play out and disappointed I was too busy to see the move it had on Friday.

SOS- very interesting as this stock triple tops near the $1 mark. I would like to see it break that area with volume and volatility. And they recently got a non-compliance letter from the NYSE so I wouldn’t be surprised if the stock is being pumped.

KPTI- not sure I had this stock in any of my last watchlist, but I’ve seen this on my scanner for the past few days and ignored it because of the price and the negligible moves it was making. But the percent gain and the volume cannot go unwatched this time. I will be watching this to see how much further it can go. This would definitely be a watch for a FRD if I could short, but for now it’s a watch for a panic dip buy or a continuation play.

DWAC- Truth social finally went live on the app store. Could run off hype

 

Other stocks to watch- CELZ, MTEK, and OSI

Overall Market- So the market is still on the downtrend and the lack of plays are real. After we got ISPO, a great runner for only one day, we sadly didn’t get any sympathy plays. Every day it's becoming more clearer on what type of market we are in and I don’t think it let up any time soon. The best thing to do in this market is to not force trades, be very selective and precise with the trades you do take and come prepared every day or get wreck.