DDAY - is up 8 days in a row (over 100%) on no news. They did get a new revolving credit facility (announced Feb 2) but that's not very important as a catalyst and the stock dumped for several days shortly after that. This could be running simply due to double bottom on dailies chart. This is looking nicely overextended. Potential short into resistance around 0.80.
ENOC - earnings winner (missed on earnings, beat revs, guidance in line), positive market reaction. Resistance around 7.75 (from previous spike related to a court ruling). Good price action today, closed near highs and consolidated well above 6.00. Potential dip buy around 6.00, or potential buy on b/o above today's hod 6.60ish.
KEYW - earnings winner (announced a/h last night/wednesday) and was upgraded by Chardan Capital today. Great price action, consolidated and closed at highs, but this is fairly beaten down and there is resistance nearby at 6.50ish and 7.00ish. A bit overextended after a few up days in a row and big move today. Potential dip buy around 6.00 support for day 2 of earnings run. Riskier/less appealing angle is this could be potential short if we get a double top at 7.00 resistance (overextension + double top)
MPG - another earnings winner, another beaten down chart. One thing I like about this though is that most of the % gain wasn't on the back of a big gap up. Nice uptrend today and consolidate at highs into close. Not really an resistance in sight except for it's open/lows from when it IPO'd. Potential buy on b/o over today's hod.
NNVC - another day up today, and had the multi month b/o today, but still no catalyst. Its right at a significant congestion area. It definitely looks like a short but that hasn't stopped it from making gains the previous few days, gotta be careful, especially being Friday tomorrow. Potential short on morning double top, or on lower highs as long as it doesn't gap down too much.
SUNE - big moves today, +30% during market hours and an additional +30% a/h. Lots of different headlines today (acquiring Vivant, parterning w/ a chinese company, a court victory). None of these are great catalysts, but this may continue running because of how heavily traded it is and there may be latecomers. But I don't really know what to do with it. Unless there is something great happening pre, then ignore.
Ignore:
CHS - beat on earnings, missed on revs, but market reacted well so this is an earnings winner. They also announced today a slightly increased quarterly dividend. Both were announced pre so its tough to say what moved the stock more. Not great price action though, had a nice gap up and spike, then traded most of the day around the lower side of its mid range. There's resistance not too far above, and its fairly beaten down. Ignore.
DSKX - bought a company. Ignore.
TOPS - no news, had a recent reverse split which should not really affect the stock. Beaten down. Big spike then all day fade. Ignore.
VNCE - no news, choppy, nearing resistance. Ignore.
GLUU - Tim's rumour play. Its close to breaking out but there's resistance right there if it does. Speculative. Ignore.
Very good analysis. Keep on sending your watchlist please. Very informative and accurate. Thanks
Thank you!!
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