My watchlists are almost never big.
For every stock I draw lines: support, resistance. I look how stock performed in recent days. The lines are needed for dips and breakouts.
Very important is to pay attention to volume today and the volume in pre-market next day. If there is no volume, then I'm not very interested.
$NOK I have an open trade on it at 4.87, I do believe it will go up, I'm going to hold it. Reason is because of good 5G news, price upgrade to 5.8 and earnings coming on Feb 4, I noticed some stocks like to run in anticipation of earnings and then act weird or even fall on the day of the report. So many things combined I thought it was a good swing to hold.
$SNDL Was very active today, it closed strong. I drew my lines for support and resistance. If there is volume tomorrow I might get a good dip.
$INKW ran very well today on the news of BeWater that was sold out on Amazon. I don't often trade OTC, so I will look into dips or panic, but mostly observe. Still scared of OTC. My account is small and losses add up.
$LODE totally missed it today. Volume was so huge went 12x rotation. I didn't find news on it, so will look for a panic maybe, and only if there is volume I might play.
$NAK they got hit with a class action lawsuit, didn't go into details, but ill watch it tomorrow.
$CTRM recently ran to new highs, then was flat for couple days, didn't quite fall yet, waiting maybe there will be panic. It might have a slow death by shorts, but I'll watch just in case.
$ASM silver stock that was running on some reddit or media news. I think was more media than reddit frankly. Will just watch for volume, no plans here.
$IDEX This stock had choppy couple weeks, very strange. Will watch mainly to see what happens. News were some big options activity, people might anticipate the stock to run to $5, I don't plan to get in unless I see some clear set ups for dips or breakouts around support and resistance.
Join now or log in to leave a comment