Watchlist - 10/02/2017

Selecting Stocks and Analysis


$AMD

Assuming it does what it did the past week, short near the open down until $12.55 then dip buy. I had plans on Friday to dip buy in the $12.50s but it never got low enough. $12.60 was the bottom. There is never a ton of money to be made each day off this stock, but it’s good for practice which is why it’s always in my watch list. Volume looks pretty low to me. I do not expect it to spike much this morning.

Float: 940.29M
Short: 16.82%

$HMNY

This stock continues to run every day. Possible dip buy near $12.40 - $12.50 (Friday’s dip).

Float: 3.30M
Short: 22.74%

$ITUS

It’s had three red days in a row now and is currently up during premarket. It could bounce and spike at the open but if not potential dip buy near $2.50 which is where it had some resistance before. There is clear resistance at the $5.25 - $5.50 range as you can see from the chart below.

$ITUS daily candles, courtesy of finviz.com

Float: 12.44M
Short: 4.43%

$RIGL

This stock slowly started going up on Friday before gapping up more after hours. It has a lot of overhead resistance at $2.90, $3.00, $3.35/$3.45. I don’t expect this to move very much. We’ll see.

Float: 113.62M
Short: 3.75%

$ECYT

Started moving up after hours on Friday. The chart history for this stock is absolutely terrible. Possible resistance at $1.55 and $1.72 then $2.00 and $2.20. I doubt I’ll be watching this or $RIGL but it’ll be interesting to see what they do today.

Float: 41.51M
Short: 2.49%

$IZEA

I’m not sure how I feel about this one since it made a big move early premarket then completely sold off to the $6.35 morning spike level from a few days ago. It’s been choppy every day that I’ve looked at it. Not easy to trade.

Float: 4.61M
Short: 0.09%

$SRAX

No news that I can find. Daily chart looks like a bull flag setup. Has some resistance at $3.10 which is where it got stopped at twice now (premarket). Watching over that level if I decide to get in.

Float: 5.14M
Short: 1.60%

Watchlist Review

$AMD

Panicked at the open down to $12.70 but didn’t really get lower. I’m looking to dip buy around $12.55. Really choppy so not much to be made on either side of the trade.

$HMNY

A little panic at the open then a decent sized spike. It could have been a good dip buy but I wasn’t really watching it.

$ITUS

Didn’t really do much then spiked from $2.80 up to $3.10.

$ECYT

Grinded up at the open from $1.65 to $1.98. Eventually got up to $4.50+. Huge move. This will be on watch for tomorrow.

$IZEA

Formed a bull flag near the open with higher lows. Squeezed up from $6.80 to almost $7.40. No shares in IB after it formed bear flags.

$SRAX

Sideways at the open and slowly grinded higher with higher lows.



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.