Watchlist - 10/13/2017

Selecting Stocks and Analysis


TGIF once again! Bitcoin stocks are hot but I don’t think I’m ready to buy OTCs yet.

$MARK

Long term chart isn’t that great. Possible resistance at $4.45, $4.65, $4.85, and $5.40. Based on the volume I’d say $4.65 and $4.85 are most probable to be resistance.

Float: 14.89M
Short: 1.27%

$ITEK

Popping up premarket. Multiday breakout over ~$3.55. It got rejected at $3.77 after hours yesterday so we’ll see how it does today. It actually broke out during premarket up to $4.15 so it’s possible the move is over.

I’m not seeing the float or short % on finviz.

Market cap: 53.63M
Shares outstanding: 18.18M

$INFI

Held most of its gains from yesterday and after hours. We’ll see if it continues today.

Float: 49.39M
Short: 1.48%

$CLSN

Has a little volume premarket and is hanging around $4.85 support. It provided some dip buy opportunities there yesterday so we’ll see.

Float: 7.32M
Short: 10.45%

Watchlist Review

I wanted to dip buy $INFI today near $3.20 but I got faked out because it dipped below and then I changed my plan to dip buy near $3.00. I just can’t recognize bottoms for some reason. Even after it re-tested $3.20 the second time I didn’t think it’d go up much so I ignored it. It got up to $3.60.

$LBIX had a nice move again from $1.40 up to $2.70 and there were some good entries but I just couldn’t pull the trigger on it.

$ITEK made a choppy move at the open but I just couldn’t get in because of the choppiness.

I put an order out to dip buy $CLSN ($4.41) near the after hours drop and I would have gotten executed but “auto transmit” was off. Whoops. I tried dip buying it again but was too slow. At least I recognized that bottom and didn’t hesitate on clicking the buy button.



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.