GGII: Closed at 0.017 (+27%)
Now a 3 day runner with constant morning spikes. VWAP seems to be pretty irrelevant with this one. Closed up on the day but looks primed for morning panic since it didn't close into strength. If this gaps up and spikes tomorrow I'd be more skeptical to buy because it's on its 3rd Green Day so a drop is imminent. At this point in the Yearly Chart I'm looking to play a #5 Dip Buy. Multi day Support at 0.015. Looking for a PANIC.
RETC: Closed at 0.0095 (+251%)
FGD with a history of gap ups. Really strong all day immediatly consolidating near its highs. This most likely gaps up and spikes as we've seen this week with these types of OTC FGD set ups. Lots of support at 0.0082. Looking for a MORNNG SPIKE.
WTII: Closed at 0.0422 (+8.55%)
Huge 30% gap up on Monday after a strong FGD over the weekend. Offered some great bounces on dip buys but it's not a multiday runner so I'm not that interested in playing a #5 dip buy since Sykes says to look for multiday runners to dip buy so they can prove themselves that they are in demand so a bounce is likely. But it's worth watching incase the company drops some news or volume picks up and it provides another spike/dip now that we have a good example of the bounces it's capable of. JUST WATCHING.
GVSI: Closed at 0.0217 (+25%)
Now a multiday runner with a history of Gap ups and spikes at open. However this one was pretty weak compared to GGII. After its morning spike it pretty much died for the rest of the day although it did close into a giant green 1 minute candle causing it to close up 25%. L2 shows the real price was in the 0.0178's. Some people considered this a good o/n hold, but for me a good o/n hold would have been RETC. Not this slow all day fader. It could gap up, it could run another day, it can do whatever it wants but now given today's action I'd feel safer playing a bounce on this ticker. Looking for a PANIC.
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