Watchlist for Week of September 20th, 2021

 

$AXTG - Couple of potential scenarios for Monday:

1. Gap down, morning panic, dip buy

2. Looking for a gap up, get long on a dip, risking g/r  

3. Gap down, dip, curl, get long on the r/g move and look for a parabolic move

4. If scenario 2. Plays out but I miss the dip near g/r, then I’ll get long on the HOD break for a parabolic move.

If $AXTG has a morning panic, must be super clean and on volume for me to be interested. No choppy BS.

$FDVRF – Will have to see how it reacts on Monday. Ideally Monday-Tuesday it holds above $2 and starts to sneak towards $3. Looking for it to hold up and have a potential monster breakout over $3.83 later in the week.

Will also be interested in buying any big, clean panics. i.e. If it opens at $1.90 on Monday and panics down to $1, I’ll be interested in getting long.

$ILUS - Definitely one of my top watches this week. Hopefully, it offers a large panic for a good dip buy opportunity.

Ideally Monday this gaps up and goes higher for a better panic dip buy later in the week. (Would not participate long if it gaps up and spikes out the gate, will wait for the panic)

But also could gap up, attempt a spike, stuff, and panic in the morning. 

Could Gap up and panic straight out the gate.

Could Gap down and panic. 

Could Gap down, dip, and reverse. In this scenario I'll get long on a R/G move for a big move to the upside and to squeeze out shorts.

I think at the most ILUS might be able to put in 1 more big day up, but highly unlikely. Will be prepared for all scenarios.

 

$ISWH - Ideally gaps up and full parabolic move to $3.50-4 with a lot more volume. Will be on watch all week. If it goes parabolic, will look to get short FRD (first red day) and participate in a panic dip buy if the opportunity presents itself. Needs to go higher first for me to get super interested. 

For Monday, if it gaps up - will look to get long on dips vs G/R. If morning tape is strong, will get long on morning spike. Needs more volume though for me to be interested in this.

If volume stays below 2-3 million, I'll likely stay away, as I like to play super liquid plays.

 

$CRVS – Higher the better. Would love to see this go 8-9+. Shorts are twisted here.

Ideally one more up day, then will look to short via Puts, (There are only monthlies, needs to go higher and be more volatile for the monthlies to pay).

There is a $36M ATM they can tap into and a $156M Shelf. So I think an offering is very likely here.

 

 

$IRNT - NYSE - Ideally another down day, lower the better - Will look to get long on the FGD (First Green Day)