Watchlist #4 - 01-09-21
$CYBL, $TGGI, both of these are potential multiday breakout plays, $CYBL is a previous runner and ran for a long time with huge volume throughout the run but needs to breakout of a previous resistance before it retests its all time high. $TGGI, good price action on this and it closed near its highs at a breakout level, choppy chart on the upside with multiple resistance levels, ill simply watch this to learn from it.
$DXLG is a multiday runner, it also has ran in the past and had the ability to breakout in the past too, possible breakout in a few days for a 0.5-1$/share breakout. its hit a new 52 week high too so its already up a lot on the year.
$GXXM before I carry on trying to play morning panic dip buys, I need to be familiar with how they work more, and I think I need to track them on some spreadsheets before I try anything. But this is a good multiday runner. Very high float too and its only trading 3% of its float which is not a good indicator a good run or a perfect morning panic dip buy.
$INQD, $FERN, $LWLG, $LCLP, these four stocks are all first red days. $INQD is a multiday high float runner which has had its first red day, not really enough demand for this stock to go up other than stock promotion, had an okay morning panic with a bounce but a bit choppy. $FERN, failed to breakout but if it consolidated then broke out which is what usually happens with $FERN then I would most likely buy, it has had successful breakouts in past and has a lot of room for upside. $LWLG, first red day after failing to breakout but it stayed at the breakout level and closed pretty much at its open, just a little below. intraday it had 2 good morning panics with bounces so probably a few days of consolidation with panics and bounces before a retest.
$LCLP - past few days for $LCLP have been red with some decent morning panic with bounces which bounced off whole numbers.
$RGBP - Big red day on the daily, whole day of panic with 0 news! this was a good dip buy opportunity if i was watching this stock and recognised it had no news. but on the 2nd day of the panic it had a straight day of upside and closed making a new high of day.
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