9/18/2017
MGTI LONG (CONTIUATION PLAY) As mentioned before in my previous comments about this stock, I expected it to bounce from its low. The stock gapped and traded as high as 2.73 and ended the day at 2.70. It traded strong because of news of the compmany uplisting to the OTCB market. It traded in a channel all day. I'm expecting this stock to make a nice move tomorrow morning as well. Watch the premarket action. Look at level II to determing the best exit. If a gap down occurs, get out immediately
BLDP LONG (BREAKOUT PLAY) The stock gapped up at the open but traded even on the day. It is a doji at the top of it's range; however, it received some positive news after hours. Looking for this stock to breakout fundamentally from news and technically at the breakout level.
NCMI SHORT Stock traded a big candle the other day. Now first red day and the End of day candle is a shooting star. Looking for the stock to gap down, test the previous day's high, or trade below previous day's low.
CASI SHORT INTO RESISTANCE Stock is overextented. Running to areas of resistance of previous spikers; however, traded over a previous spike day with the most volume ever traded on that day. Next levels of resistance are 2.09 and then 2.37. Look for weakness and a lower high to make an entry.
MXWL SHORT INTO RESISTANCE Stock is up on news. Has major resistance at 6.72. Looking to short off weakness or preferbably a lower high.
ON WATCH
VSTM BREAKOUT OVER CHANNEL
RADA BREAKOUT
NPTN Bullish Engulfing Candle at the Bottom of its Trading Range
MRNS BUY OFF SUPPORT/CONSOLIDATION
FENG MULTIDAY BREAKOUT
ATHX SHORT INTO RESISTANCE
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