STOCKS FROM PREVIOUS WATCH:

• AMID(short) - Yesterday AMID did exactly what i have written in my previous watch. The bad thing was that it had such a light volume. I did manage to short it @ $8.05 and covered @ $7.80 before ti has reached my target @ $7.60. After that it has reclaimed back up and now i don˙t want to short it anymore. I would rather like to see that it would go higher, towards $10.00 where it does have a lot of resistance and this is the area where i would be looking to short it again. 

 

• LEI(unbiased) - This stock is a potential short in the long run but at the moment it is holding it`s gains well and i would not be surprised to see it go higher. I might go long, but i am not so excited about it because it is choppy. Unfortunatelly IB does not have any shares to short of this one so maybe if we get another squeeze and shorts will need to cover than maybe IB will get some shares for me :)

 

NEW STOCKS I AM WATCHING:

• RBCN(long) - I was watching this one yesterday late day when it has broken out from multi-month resistance but there was still 2 hours until the close so i was not tempted to buy it. Than i started to watch the documentary and i have totally forgot about it until the alert from Tim came out but the stock was already above $1.60 so i didn`t want to chase. So far in pre-market it is kind of weak and i would like to see it will have a weak open and than if there will be enough volume and stock will find support i might buy it for a delayed morning spike towards $2.00. 

 

• ROVI(long) - It has been consolidating now for two days but yesterday it has broken out of the consolidation channel even though the market was down a lot at some point this stock was still strong. Today i am interested to buy it with the risk of $17.00 over/under because i think it can retest $18.00. 

 

• UNIS(short) - I was UNIS yesterday in pre-market and i wanted to short it into a failed morning spike but unfortunatelly this stock did not have any morning spike. It had a morning panic straight from the start and i was to scared to chase it. To bad because this stock never looked back and it was a perfect short. Today i am still interested to short it but i would like to see some more spiking first for better risk/reward. Also if you look at the daily-chart this stock never held it`s gains and i don`t think this time will be any different. 

 

Have a great day and stay safe!

Matic

P.S: There i a lot of other interesting stocks also but like i have said i rather focus just on few of them and beside that i am running out of time because the market will be open soon :)