Morning watchlist (9:30 to 10:00am EST):
Day 1 = Stock will gap up 15+% tomorrow on volume over 1,000,000.
Day 2 = Stock gapped up and closed 15+% today on volume over 1,000,000.
Day 3 = Stock gapped up and closed 15+% yesterday before on volume over 1,000,000.
$GBR - Day 2 - Long Day Trade - Float 2.127M - 2ema = 3.351. Held $3 Friday. HOD = 4.75. Dip buy or HOD breakout.
$GEMP - Day 2 - Phase II - Float 8.29M - 2ema = 8.57. Held $9's on consolidation Friday. HOD = 11.43. OP = 11.03. Could go long or short. Need to watch action
$XLRN - Day 2 - Long Day or Swing - Goldman Target Raise - 2ema = 43.7149.
$AVLR - Day 2 - Long - Recent IPO - Govt sales tax news - 2ema = 50.668. Dip near $50 ideal. Watching premarket action.
$IQ $HUYA - Long - Swing - Needs to show strength Monday for confirmation. Could be great reversal swings.
Stop loss generally -3 to -5%. Have your own trade plan, define & respect your stop losses!
This watchlist does not include morning premarket day 1 movers which I will trade as well. Follow me on Twitter for real time posts in the morning: @Tom_MGBGtrades
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