Stocks to Watch 2017/09/07 by AWard

KTOS- Contract winner.  Looking for the stock to break above 12.05.  Target price is 12.36 then 12.72.  Shorts 6 days to cover.  Could add momentum to the stock rising.  Stock still in oversold territory.

 

LNCE- Up on earnings.  Huge move.  Looking to trade above the high of 39.52.  Target price is 40.50.  Shorts 14 days to cover.  Really has potential to spike.  Stock could consolidate because in overbought territory. In the future, looking to short in to resistance at 40.85

 

HSC- Will buy over the morning high with price target of 17.80 then 18 if break above 17.80 previous day high.  Huge resistance level at 18.03

 

WMS- Nice run today probably due to yesterday's news.  Looking for a break above 22.65.  Price target is 23.50 then 24.80. May look to short into one of the resistance later.

 

WTW- Stock is going HAM. On a strong upward trend.  Third day up in a row.  I made a good continuation trade on the stock but got stopped out too early.  Took profits too early just to see the stock trade 2.86 today.  Stock still finished strong today. Looking for another continuation tomorrow above 46.35.  Will wait for the right set up an confirmation before entering the trade.  Lately I have been making mistakes in my entries, working on it constantly to see what works best for me.

 

EFII- Off my previous watchlist. The stock bounced as predicted.  The stock dropped hard after earnings on the 4th of August.  Look to buy over the break of 31.44.  Gap fill is 40.77. Beware that when the stock rises, people are looking to get out because of the big drop.  Do not hold long.

 

MTOR- Looking to see if stock can continue on its breakout.  Stock mentioned from previous watch list.  Notes were: On an upward trend and at the breakout level.  Looking stock to break past the whole number of 19.00.  Target is 20.00.  Shorts have a 7 ½ days to cover.  Could add a bit to the squeeze.  Stock just below overbought territory.

CMCO- Looking for a short on this stock. Two days of indecision candles.  EMA starting to curve.  Far away from the 8 EMA and probably ready to retrace.  Risk off 33.12. If miss entry, short into pops.

 

RADA- In this stock at 500 shares.  Swing trade.  Add to position on a green candle over the previous green candle high.

 

VSTM- On my previous watchlist. Have this stock on alert.  The stock has been consolidating and now basing on the 8 EMA.  Looking for the stock to break above today’s green day of 3.98.  Looking of a swing trade. Total shares in 1000 so start with 500 then add 250 and 250.  Stock is a previous spiker.  First target is 4.67.  After that 5.00.

 

SERV- Up big over the past several day on earnings.  Stock now retracing.  Had a candle of indecision and fell .39 today.  Looking for a continuation downward under 44.37.  Short have just over 5 days to cover.  Stock is just above overbought levels

 

MYOK- Huge run today. I mentioned this stock on my previous watch list.  Moved more than I expected.  I missed the entry on the this trade and let it continue to run.  I hate that I have a full time job and trying to trade at the same time.  Oh well… My job is what funds my trading account.  Haha…. The stock finished strong again today.  Looking for a continuation above 36.75; however, the stock announced a public offering at a discount.  Stock may gap down on news in the morning.  If the stock gaps down, look to short to pops risking of resistance levels.

 

LL-  Up five green days in a row.  Today Stock had first red day. EMA starting to curve on daily chart.  Look to short below 35.86.  If miss entry, short into pops risking off 37.84.

 

MIME- Up on news.  Received news on beating earnings expectations after hours.  

Still below overbought territory.  Looking for at continuation over 30.10.  Price target is whole number 31. No pressure from shorts for the stock to spike; however, it has a decent float.

 

SPPI- Looking to short risking off 9,27.  Stock at a five year resistance level.  Stock has two candles of indecision.  Volume decrease. Stock is in overbought territory.  However, shorts have 10 days to cover.  Look to short with target price of 8.75.

 

TCMD- If stock runs up again, looking to short into the previous days resistance of 35.79. Small float, however, there is no pressure from shorts.  Reaching overbought territory as well.

 

CUTR- Up on news.  Looking to short off 34 risk level.  In overbought territory.  

 

BZH- Looking to buy above the break of 16.26.