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.

 

STOCKS FROM PREVIOUS WATCHLIST: 

 

I must say that there is actually no stocks that i am still interested from my last watchlist i have posted for monday. I didn`t managed to make a watchlist for today because we have set back our time for 1 hour and now there is only 5 hour difference between my country and USA (i am 5 hours before US) and because of that this week i am comming home from work only 20 minutes before market opens so i don`t have time to make a watchlist because i need to see what is going on in pre-market and to prepare myself in 10-15 minutes which is practically impossible. This sunday also US is going to set back their time for 1 hour and everything will be back to normal :)

 

I did trade QLGC yesterday because stock did have a weak open and it did held support @ $13.00 just like i have predicted in my watchlist so i had bought some shares @ $13.05 but in the end i have sold my shares for few bucks profit because stock only went to about $13.25 and than it was comming back down so i have taken my small profit. Today it went all the way down and it has closed @ $12.20 so i am happy i have taken my punny profit yesterday.

 

 

NEW STOCKS I AM WATCHING:

•  DNRG - I was thinking of buying it late day but i have refused to beucase it is a pump and Michael Goode has made some good comments in the chatroom which made me think that i don`t want to hold such risky position overnight. This one will be a very good short when this runnup will end. I only hope IB will still have some shares to short... Today there was only 60k shares avaliable to short so there is high chance that tomorrow there won`t be any shares left... No borrow no cry :) Potential short. 

 

• KIRI, PTRA - Pump&dumps which i am still watching for potential short. PTRA i would like to see that it would breakout higher from recent consolidation zone so there would be more downside and better risk/reward. KIRI has some resistance in the high $7.00 range so this one might be a good short into a failed morning spike it if will have any. I doubht IB will have shares to short of any of them but i am still going to watch them both. 

 

• AVXLD - Made a good move in the last 2 days and the stock is back near it`s recent highs. One thing that it has bring my attention is quick and quite big drop in the last hour of trading day so this might be a first sign that this stock is over-extended. I am watching it for potential short but because this stock is so choppy i am certainly not going to be agressive with it because it might still go higher.... 

 

• XOMA - Today was in play with much bigger than average volume. I guess the news was positive regarding their "proof of concept study" I actually don`t understand much of the news... haha :) But it doesnt matter, i am trading based on the technical chart. There is a big gap-down to fill so this stock might go higher. There is also a lot of short sellers in this stock which is another good thing for it to potentially go higher. There is some resistance in the $1.40 range so i would not buy it anywhere close to that area. I would preffer to buy it on a dip. Longer-term chart is depressing though so it might turn out that this stock won`t do much tomorrow and i am going to forget about it. 

 

This would be it for tomorrow. Not much in play in the last few days.... I have also bought small position of AA but this is for swing trade which i have also started to utilize in the last few weeks...

 

Everyone have a great day and stay safe.

 

Matic