WACHLIST FOR 05/19 :

GENERAL THOUGHTS:

SPY is at all time high. Market is on fire but we should have a correction very soon. So i will play safe, taking profit when i can and don't want to swing if i'm red with a trade. 

 

HCHC : Like the chart, looks ready to Breakout . I'm already in at 11.22 . Stop loss would be just under 11 and target 12 +

SSYS : 3D printing company. Yesterday DDD Moved up nicely, sector could bounce. Chart MACD crossover, Slo Sto 20 and oversold ( RSI 26 ) . Stop loss would be 34.90 . Target  37-38

EPRS : Came back in the 5's area, bought shares at 5.62. Yesterday, moved up to 5.94, just over the 4day EMA. Need to break 6 to go higher. Chart Slo Sto 20. Last time it fell to 5's area, went to 11 right after.  Stop loss would be 5.6 , Target 7-8

NVGN : Had historicaly big moves in the past. Chart looks good to do a move over 7. Came in yesterday at 6.34. Already Gapping up PM at 6.7. Stop loss would be 6.3 area, target 7-7.5

DVAX : Very interesting pattern with MACD crossover. Bought shares yesterday at 20.76. Closed at 21. Stop loss would be 20.6 area, Target 22+

LBIO : Looks like the trendline starts again to the upside. Came in yesterday at 10.83, exactly where the stock is at the close. Stop loss would be 10.60 area, Target 11-12