Watchlist - 09/22/17

Selecting Stocks and Analysis


No watchlist for today since I woke up around 9:00 AM and had no time to prepare. I’ll be reviewing a few stocks that made moves today anyway.

$AMD

I was really close to shorting at the $13.30 lower high but hesitated and watched it go by. Not a huge drop so far but I don’t expect this to spike over that level anymore. I’ve seen this stock reject off the previous close so many times I should be shorting immediately when it gets close to it. If it breaks then get out, otherwise hold it all day.

$HIMX

Looked like a potential dip buy at $10.30 since I have a support line drawn there. The spike wasn’t very impressive and it rolled over. Probably a bear flag.

$AKTX

Decent sized bounce off the ~$9.20 premarket lows up to $9.70. Nothing huge considering what it did yesterday but there was some money to be made there.

$ARDM

This is the second stock that had low volume premarket and spiked huge. Even if I watched it from the beginning I wouldn’t know where to get in other than just chasing it. It went straight from $2.05 to $3.10 without stopping.

$ITUS

I stopped watching this because it looked like it was done. Today it squeezed from $2.00 to $2.50 so far. A good entry would have been around $2.20 on the pull back.

$HMNY

Intraday breakout over $6.10. It would have worked really well as it squeezed up to $6.70+ and never dropped to the breakout level.



Disclaimer

I am not a registered financial adviser/broker/anything. Use this information for entertainment/informational purposes only. Any tickers mentioned are not recommendations to buy/sell/or sell short. They are used as examples only.