Still no trading for me, I have been watching market action but haven’t actually placed a trade in quite some time. I didn’t make a watchlist for last Friday because I was on the all day webinar and did not want to place a trade, I just wanted to observe. I haven’t felt well the past couple of days, so I also didn’t prepare a watchlist because I knew I wasn’t going to be up for market open today or yesterday.
LTNC is my top watch for a morning panic. 5th green day with slightly increasing volume. There was a fairly decent midday dip and bounce today, and in the charts I have seen in the past this could be a signal that the great panic dip buy opportunity is getting near. I’ll watch this for a possible panic ideally to the .06 area or below.
INVU actually closed around .42, but there was some tape painting at the close to make it look like it’s down to .30. 3rd green day of the current spike, but volume is decreasing. I think this one could go either way. I’m going to watch this one for a panic ideally to that .30 level or below.
EEENF is back on watch for me. I was 2 days early on my watch of it for the breakout of the .03 area, and there was a nearly 60% total opportunity following the break of that level. 4th day of the current run up. I’m going to watch this one for a panic ideally to the .03 area or below.
INKW is back on watch for me as they released a PR late day talking about initiating actions to increase their water shipments by opening their own fulfillment centers to help supply the demand. Probably just fluff, but a breakout of the .04 resistance area might present an opportunity for a 20%+ gain.
RSCF spiked in the morning following their earnings release. It held nearly 50% of the gains from that initial spike, but it closed a little weak. I want to watch this one to see if there is follow through tomorrow ideally a convincing breakout of the .30 area.
PONGF is being hyped as a stock to possibly buy if tech rebounds. It closed near its HOD and is near its 52-week high of 1.05. I will watch this one for a breakout over that 52-week high.
TMGI closed strong near HOD, but .0015 looks to be resistance on the daily chart. This isn’t really a panic dip buy candidate for me because it hasn’t had multiple green days, but I’ll watch this one for a possible convincing breakout over that .0015 level.
CYDY had COVID news today. The chart is ugly, but this one followed the framework extremely well during its runs last year and was one of the best panic dip buys since I have been following the market. Its down near its 52-week low right now, so I’m not necessarily looking to buy it right now, but if it can get some more volume and they continue to promote it, it might breakout above the recent high of 3.30 and close the gap up to 4.00.
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