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.
STOCK FROM PREVIOUS WATCHLIST:
- HCKT, NES, BSQR - All are recent earnings winners which i am looking as potential buys. HCKT and NES i am only interested to buy on dips and BSQR i might also buy into strenght if it is going to show any. So far it is gradually uptrending but the volume is to light. If i look at the longer-term chart i can see that it has run in the past so it has the ability to go higher. But i am in no rush. I am also interested to buy it on a dip.
- AMCN - I said yesterday that it was a potential short for me and i was wrong. If i would be at home behind the computer i would bought it when big 400k seller was chipped away. I was looking at it from my phone at work but at the moment when 400k sellers was bought in i was not looking because i was dealing with customers so ideally entry was missed and i didn`t want to chase it. I am also not so excited to buy it on a dip because the earnings were not so good and like Tim has said this is probably just a short squeeze and when this is going to be over this stock will come back down to reality. Just watching at the moment.
- GIGA - I had a PERFECT entry afterhours on a dip on monday after the earnings report but i have sold my small o/n position for break-even in pre-market already because the stock was unable to break above $2.65 for several times because of wall of sellers so it was actually unable to reach the level at which it was trading after-hours day before. That let me to bealive that it will not going to spike and i did not want to be a part of a probable morning panic because i was at work and trading from my phone and god knows when i would be able to exit my position so i played it safely. 4,5 minutes after the market-open i re-looked what is happening with GIGA and i saw it over $3.00 and i said in my commentary that i wish to sell it in the morning spike ideally obove $3.00 so my thesis was 100% right, i was just off with my timing... To bad. I was buying it yesterday several times on a dip but everytime sold for small profit because it was unable to bounce and it was choppy. This is still a potential buy for me but only if it will be able to hold it`s gains. If it is going to fade all day than probably this is the end because this stock never held it`s gains.
- VLTC - Still watching as potential dip buy. It needs some new PR and more volume. If it is going to break above $8.00 and will not be able to bounce back it will probably slowly fade for several days... I hope we get some new PR and that it stays above $8.00 because when the bounce will happen i think it is going to be very fast. Problem i have this week is that i am working in the afternoon so i missing all the morning action so there is a high chance that if the bounce will happen i am going to miss it.
- PTBI - This one is scary/choppy and i don`t have exact opinion of what does it want to do so i am just looking at the price-action. So far it looks like it has made a double-top but you never know with this stock. There is a lot of other, easier stock to trade so i am not going to focus to much on this one.
- EKSO, CELH, ARNI - All are OTC plays which i am watching. EKSO as a potential short, CELH as a potential dip buy (ideally in the low $2.00) but before i am going to dip-buy it needs to show me some signs of bottoming or ideally some new PR regarding the billionaries involved with this or maybe any new contract... and ARNI i am still waiting for a conference in the end of this month. At the moment ARNI is consolidatingslowly fading so i have no interest for trading it but i am still somehow optimistic that it can break above $1.00 if we get the right catalyst.
NEW STOCKS I AM WATCHING:
- MOMO - New earnings winner and social mobile play which is a hot sector. They have reported good earnings and incresed number of users. I am long some overnight @ $16.24. I was also watching it in the afternoon for a breakout above $16.00 but i had to much work with GIGA so i have missed it. There is also a lot of support @ $16.00 so there is not much risk in comparison to potential reward. I am looking for a morning spike, gap-up to sell into. I have a feeling that my exit will be stupid again because i am going to be at work on my phone and this really hurts my ability to trade optimal.
- PBMD - Haha, i cannot bealive my self. I was watching this stock and thinking if i should buy it when it was breaking above morning highs @ $0.80 but i have refused to since i am not an expert about biotech news and i tought that it is not worth the risk. Little or nothing that i know this stock went to $2.60 after-hours. That means that it has more than tripple from where i was thinking to buy it. Crazy..... I would not chase it that high and it is already dropping in pre-market. It is trading at @ $1.55 so this is a huge pull-back. It is a potential short but i would like to see some bouncing first back to $2.00 so there will be better risk/reward ratio.
Have a great day and stay safe!
What trading platform are you currently using?Thanks.
Hey there. I am using Das trader PRO which i have connected with my IB account. You can find more info at http://dastrader.com/
How much do you pay for platform per month?
I am paying 120 usd per month. For that amount i get level 2 for all NASDAQ, AMEX, NYSE stocks but i don`t have level 2 for all the OTC stocks. I don`t trade a lot of OTC stocks so i don`t really need it and when i am trading it i am using level 1, chart, volume...
Join now or log in to leave a comment