Watchlist - 11/30/2017

Selecting Stocks and Analysis


Really choppy this week. Nothing really stood out yesterday except maybe $PZRX but even that was a bit choppy.

Today I’m not really seeing anything new that looks good. Something will probably pop up after the market opens.

$XNET

Big crash yesterday. I expect it to drop more and IB does have tons of shares. Still under the SSR so it’ll be annoying to short. The problem is it’s so volatile and trades very fast.

Float: 64.44M
Short: 1.36%

$PZRX

Decent runs the past two days but always closed off the highs. Every spike appears to fail so definitely can’t stay in for long.

Float: 10.38M
Short: 0.73%

$TRXC

Traded this one yesterday and made/lost $0. Seems to have bottomed around $2.10 which has lots of support on the level 2 at that level. It might bounce if enough buyers come in. Large float so it takes quite a bit of volume to do something.

Float: 122.99M
Short: 8.01%

$CERC

Surprise move yesterday that I missed. Possible support at $1.80 and $1.65.

Float: 24.94M
Short: 4.85%

$GLNNF

Decent crash and bounce yesterday. Could happen again so I’ll watch it. I kind of feel like it’s the backside of the move now.

$AMD

Nice crash yesterday down to $10.70 support. If it gets down there again I may try to enter with a profit target being over $11.00.

Float: 958.48M
Short: 16.17%

$BOSC

Earnings. Resistance at $2.55 / $2.73 / $2.94. Not sure about this one since the daily chart is terrible and seems to fade quickly if it ever holds its gains on the first green day.

Float: 2.79M
Short: 1.18%

Watchlist Review

I watched everything for a while and didn’t really see anything I liked until $CERC started bottoming. I wasn’t sure about it because there were no trades going through. Even if a bottom formed it wouldn’t matter. It would have worked pretty well. Not much volume and no trades going through so I didn’t touch it.

$GLNNF seems to be uptrending again so I’ll have to watch it for the next couple of days. I’m not sure if it’s a pump and dump but it certainly looks like one.

$MYSZ started looking strong and consolidated around $1.15 with big orders coming in. I almost got in at $1.16 multiple times but just couldn’t do it since it moved too quickly.

$IMMR started spiking and I almost bought the high of day break but it got rejected earlier and then again. Have to spot the dips faster and dip buy them. I could short it but the entry isn’t high enough to justify the risk.

$AMD got close to the entry I wanted but is so choppy so it’s difficult to buy.

$TRXC didn’t really do much until later. It finally broke out over $2.15 and got up to $2.29. That’s what I wanted to happen yesterday.

Hopefully Friday or next week there will be something better. It seems like everyone is trading the junk stocks that mention blockchain so nothing else is nearly as strong. I’m not willing to buy high of day breaks anymore because of how frequently they get rejected now. A lot of the time you used to see it breakout after consolidating and just keep going. That hasn’t been happening.



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.