NAK - Northern Dynasty Minerals, Ltd. Float: 256.39M
Market cap: 631.92M
Sector: Basic Materials
Industry: Industrial Metals and Minerals
This stock has no new news or anything, but are expecting to achieve a resolution this week with the Clean Water Act and EPA. This stock had a nice daily technical breakout above 1.85/share today and then held a nice base all day at 1.95. This then broke above its consolidation highs in the afternoon above 2.03/share. This stock closed very strong and is up even more afterhours to a high of 2.20/share. I am currently in overnight at a 2.05 average. Looking to sell the rest of my position in the premarket or potential morning spike. Big float so stock isn't too volatile.
Areas of demand: 2.03, 2.00, 1.95
Areas of potential selling: 2.20, 2.50, 2.60
CLNT - Cleantech Solutions International, Inc. Float: 0.99M
Market cap: 7.63M
Sector: Industrial Goods
Industry: Diversified Machinery
YSK1860 acquired 416,249 shares that were previously owned by the company's CEO and Chairman for about $970,000, or $2.33/share. This stock is also a very low float stock which is another reason why it went supernova today. Tomorrow I will be looking for an overextended gap down short, but will wait to see if any momentum happens within the first 10 minutes of the open. Will watch its premarket price action and morning price action and play it accordingly. Shares to borrow are going to be hard to borrow or cost a lot if there is even any. $INPX is the most recent low floater and this had an overextended gap down play on day 2 of its run. This stock has a habit of always losing its gains after big run-ups.
Areas of demand: 4.76, 4.50, 4.11
Areas of potential selling: 5.70s, 6.00, 6.50s
EMKR - EMCORE Corporation Float: 25.22M
Market cap: 283.52M
Sector: Technology
Industry: Semiconductor - Integrated Circuits
Earnings winner on Thursday, May 4, 2017. 52-week b/o and daily breakout above 10.50. Looking for a continuation tomorrow to the upside. This is a 5-cent tick rule stock, so be cautious of that. Earnings winners can run for days and even weeks. Watch and see how volume is on the stock throughout the day. Needs to be liquid enough to trade.
Areas of demand: 10.50, 10.40, 10.10, 9.90
Areas of potential selling: 10.65 then blue skies
Other stocks to watch: $SLTK, $EMMS, $ARRY, and any potential morning new plays
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