I am posting these watch lists to better myself as a trader, to have posts to look back on and see how I am improving, and to help contribute to the Profitly community. Here I will post what stocks I'm currently watching, any news that I find, as well as technical analysis as to where I might enter or exit a trade.
If anyone finds these watch list helpful please comment and give me feedback whether its good or bad. We are all here to achieve the same thing. that being said, Safe trading everyone.
- MY MAIN WATCH WILL BE $GSAT AND $EBIO.
GSAT- HUGE volume the past few days and this was my play this morning as I predicted the morning perfectly in last nights watch list. through out the day it spiked, dropped, bounced and then consolidated in the 2.75 area. and also had a clean dip off support just like the morning at 2.66. still key resistance so I will be watching that. I was not home around the market close but I would have bought off that dip at 2.66 as it started to bounce into the close. A lot of hype about "IF" they get approval from this 3 year wait and a quota that if they got it the companies product could be worth some 4.4billion. It all sounds good, as long as they get approved. Huge green candle after-hours I don't know if thats a typo but nun the less it gaped up after-hours. Since they are waiting on big news I think this gets up to 3 again tomarow or even breaks out and tests3.30 high of yesterday. Im looking to buy this in the morning if it spikes on high volume.
EBIO- Another nice spiker today breaking a lot of resistance from the past. Ended the day on high volume so I take it that I will run some more tomorrow. Next res is around 1.32 so more looking to buy it on the dip unless it gaps up in the morning which it very well might. My ideal dip entry would be around 1.22 OR 1.18.( I like dip buying)
GIG- Revenues, growths and earnings are all better than last quarter. Still early in the spike which I like as it spiked on the 13th and had a nice consolidation today. They will be doing a investors conference on May 26th where I'm sure they will try and hype the stock up. ill be watching this around that date to see what the stock does a few days before and after. Will be watching this one for any further spiking but needs more volume, maybe closer to the 26th. Good support at 2.52-2.53.
MGT- Up 72% this thing is a monster and on a massive run. Catching a lot of people with all these drops and spikes. Kind of scary to play for me. Im not touching it tell it goes red on the day (I'm only going short).but the higher it goes the better the short could/will be if it ever cracks! ha stay safe with this stock.
STEM- Noton my watch anymore since I can never find shares to short. Just wanted to point out that It made a low today of 2.75. I posted in 5-12 watchlist when it spiked to 3.70and later made a new high at 3.90. Iv been looking to short since then in the high 3's and since then has came crashing down and after breaking 3 as i mentioned it dropped another 20 cents fast. So sad there were no shares it was such a easy play. bad part of shorting is finding shares!!!
HERO- Another spiker today but not on the top of my list.
Good job but we deleted your outside link, post on this community only
Is NETE still a good buy at this price?
@Payanoray not worried about the price but the price action! and sorry I didn't get back to you before the market but I haven't done any research on it. But based on the chart today not a good buy hah
@LS3VETTE not sure yet still looking into it. But I wouldn't be short.
Join now or log in to leave a comment