Hello, everyone.

Watchlist is not recommendation to buy, sell, or short-sell any stock but it is just my personal opinion of certain stock so please do your own due diligence.

 

Today my watchlist is going to be shorter sice i have just came out of work and need to focus on pre-market action

 

 

STOCKS FROM PREVIOUS WATCHLIST:

• ITEK - Has come down a lot and i am not interested to short it anymore. I am now watching it for potential dip buy. Ideally into panic because it can easily spike for $1.00 or $2.00 back. 

 

• BEAT - I bought 200 shares and holding them over-weekend. The breakout above $12 has confirmed and i am only risking about 10 cents/share. My goal is to make 50 cents or more per share. They are also releasing earnings this week and stock might also rise in anticipation of earnings. 

 

• CLFD - Copying from last watchlist --->> Recent earnings winner which i still have on my watch as potential buy. I am watching it for multi-month and 52week high break above $20.00. What it needs is more volume. It has 1.6 million shorts in it (float is 10 million) but the volume is just about 100 thousand per day. If we are going to get some more volume and buying pressure i think shorts will have to cover and this stock can easily jump above $20.00    --->> This is what i said yesterday and i have also found that if i look at longerterm (daily) chart i see a big coup&handle pattern being made and at the moment a handle is being formed so if this pattern will confirm itself than this stock is due for a breakout above $20.00 in the the near future. 

 

• AREN - Pump&dump which i am watching for potential short. When this stock is going to crash it will crash big. Unfortunatelly there are no shares avaliable to short at IB... 

 

• SONS - This stock can move in both directions. If it will be able to break multi-month resistance @ around $8.20 than it is potential buy or it might jst top out at that area and it will probably fade back. Than it is potential short and you have a set risk out of that low $8.00 area. 

 

• LMAT - Potential buy but only on a big dip. Nice longer-term chart so this stock might continue higher but i would not chase it. It already had 3 big green days so it is due for a pullback. 

 

• WWE, VG - Recent earnings winners which i am looking for potential buy. VG i would like to buy it on a dip and WEE has holding it`s gains nicelly on friday so i am watching for possible strenght and another morning spike above $20.00

 

 

NEW STOCKS I AM WATCHING:

• NETE - I am watching for potential short in case it will top out @ $0.50 and will make a double top. I would not be to agressive since it is low-priced stock and as it has prooven in the past it can run so i will be extra careful. 

 

• LXRX - Another Biotech company with positive phase 3 results. Beside that company only has 6 million float and a lot of short selllers in it so this stock can run and i am watching it for potential buy. It has already came up alot in pre-market and i would not chase it. I would like to buy it on a dip. 

 

• OGEN - I bought it on friday and sold for punny profit. I am still watching it for potential buy. This stock also has spike-ability. 

 

Everyone have a great start of new week and stay safe!