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.


$MXC - Day 3 - Long - Earnings winner - Float is .8 mill -  4ema = 7.45. Dip buys only. Think shorts covering could squeeze this.

$MLHR - Day 2 - Long - Day or swing trade - Earnings Winner. 4ema = 35.8043.

$AVXL - Day 2 - Long or short - Day trade - Phase 2 study - Float = 39 mill. HOD = 3.96. 4ema = 3.2101. Longs would only be dip buys near low $3's.

$BRN - Day 2 - Long - Day or swing trade - 4ema = 2.2053.

$TGC - Day 2 - Long or short - Day trade - Oil sympathy play - Float = 5mill. 4ema = 1.079. HOD = 2.47. Closed weak. Need to watch premarket action. Longs would only be dip buys near $1 area.

$MDGL $VKTX $IQ - Swing trades.


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