Watch list. spent the past week traveling. Decided I decided i didn't  want to trade because of it. Starting new watch list from scratch.

 

First up Chat room: Stocks

 

Omer: Float 41.6 M vol 2.8m last 24.15  Biotech, 154 employees Protein thearapeutics owns the drug omidria which is used during Cataract surgery News on 6/13 Fda grants breakthrough therapy on Omeros therapy for kidney disorders. Its a multi day break out. it has moved from 15.37 to 23.75 in 4 days. 

 

Myo: Float unknown vol 1.8m last 14.45 its a recent IPO  started on June 16th. Its in healthcare/Medical devices. The company was spot lighted today because it was ringing the nasdaq bell. Will keep a watch on it to see how it does. Last price 14.67. Today it started from 10.00 and moved to 18 had a little trouble on 14.50 mark would be good to use as a support level and 18 at the resistance level. It has good range.  but so far no pattern to see. 

 

CVna: Float 15M Vol 2.5 m and is also a recent IPO I was trading it back in the 10. Might be better as a swing trade. today it moved 1.63 thats a lot of meat to the move and a 10% move.  cvna is a multi day break out has moved 10 dollars in the past 15 days. going to buy a 100 shares and swing it over the next few days until i see a crack in the price action 

 

Oracle Stocks

 

Hos: 33.3M foat vol 7.8 did a morning dip to 2.24 and moved up to 2.93 then fell down to 2.53 level will do more research on the company. Oil and gas equimpment  company with 797 employees specialize in off shore support. the company has been on a downward slope and with this new financing they just pop above 2.50. Looks like a good short got up to the 3 dollar range and was pushed down to the 2.64 range an found support. Will be looking to see how the stock opens and look for an entry of 2.55 with a risk on 2.60 their is support at 2.38,2.22,2.05 1.90 and then the bottom is at 1.51 

 

HIIQ float 14.08 Vol 919.0k Moved from 22 to 24.85 today and closed strong need to see why. Great chart no resistance where it is currently.

Low Float HOD: no results 

 

Rxdx: Looks like a good short. float 55.6m vol 2.2m Has a clear resistance at 9.75 Ten range had a major volume spike of 2m and got pushed down. currenlty on a 10 day green day run. Will keep an eye on it for Monday morning spike and a fade the rest of the day. 

 

Cann: 18.8M float vol 856.6k day three of a moving up. will wait until it gets past 2.50 to see about shorting. reason for the big volume is because they aquaried gc finance Arizona back on 06/09/17 and on 06/13/17 they put out a press release about the acquisition. putting an alert for the 2.50 break and if so will be looking to short the company  

 

Clsn: gap up but closed down float 4.1m Bio tech company with 19 employees. could be a short opertunity. but such a low float it can turn into a short squeeze. On Friday the stock ran premarket up to 5.35 and then the rest of the day the stock faded premarket and then in the open it dropped big During the day it created an intra day level of 2.90,3 Ish. their is a a fib support at 2.03 the stock last print is 3.20 I see a 1.20 meat of range. past 15 days any spike was followed by a drop.  I see a resistance level of 3.50 the reason why they had a spike premarket is because they withdrew their application to sell more stock or to make an offering. over all this is the lowest range the stock has been according to the 5 year chart. If they do announce anything it will be an offering sounds like they maybe pumping the stock up to be able to make and offering they only have 4mil float so they can issue lots of shares and create a bigger float. over all I see great shorting possibility

 

Game plan I see 2.99 as a good entry point and my risk is 3.50. I will see what the morning will bring if their is a morning spike that will be my starter amount I will add more at 2.99 and let the stock work its way down to 2.03  2.70 has support as well would like to get to full size before 2.70 

 

Adom: new Ipo float 70.57m auto parts company with 4 employees. It's a company that retro fits buses with electric motors. zero revenue. I see this stock fading with amount of reveune it has. the stock needs volume may look in to shorting 100 shares worth of the stock and see how it fades. most likely not worth a short. because of fee's but we will see . give it a few days to see if volume and price action. Low on priory list because of volume. 

 

 

 omer, myo,cvna,hos,Hiiq,Rxdx,cann,clsn,adom