Hello everyone,

 

watchlist is not recommnendation to buy, sell or short-sell any stock but it is just my personal opinion of certain stock for that day so please do your own due diligence.

 

Didn`t make any watchlist in the last 2 days because i didn`t had enough time. Like i said i am trying to make it as much times as possible but every now and then life will get in the way. 

 

 

STOCKS I AM WATCHING:

• RJET -  I have played this stock 4-5 times and everytime with a loss (LOL!) I am still watching it carefully. For me it is a potential short but noone should be stubborn with this stock because it is tricky. Yes, i have made a loss on every trade but the losses were small so it is ok. I am still watching it for potential short but first i would like to see some fading price-action and a crack below $5.50-$5.40 and that it will stay below that area. That said this stock might still go higher so i might alos buy it in the short-term. I will see. I am going to adjust my strategy based on the price-action today. 

 

• RITT - Potenital buy. It is nicelly basing just above the support. We have all seen earnings winner which had had a spike 1,2 or even 3 days after the earnings report and i think this might also spike today or tomorrow since it is friday. Not good odds of shorting it because the downside is almost zero... Only potential buy. 

 

• MSTX - Had a big day yesterday but news was not special. I think this stock will go back down from where it has came from and i am watching it for potential short. I might short into a morning spike (reactive trade) for a quick pullback. It does have some longer-term resistance around $0.62 so i must see how stock will react around that area if ti will ever reach it. 

 

• XOMA - Contract winner with 200B company - Novartis. Very nice win for them and they are also going to get a lot of money. This mean potential buy but i must wait to see the price-action because the longer-term chart is very ugly and it has had a big gap-down so that means that a lot of people is under water with that stock and they are going to sell their shares into every spike. There is also huge amount of short sellers in this stock and if it want`s to run it will need a TON of volume to do so. The volume is key here. First real support is @ $0.95 so there is still a lot of downside from where it is trading this moment in pre-market. Potential dip buy. 

 

• VBLT - I am watching this stock for potential dip buy. It has found support right at multi-month breakout around $7.20 area so this will be my guide for risk. I would like to see a weak open an a higher low and i would jump in for a long. 

 

Today it is a shorter list because i want to focus only on best plays.

 

Have a great day and stay safe!