Watchlist - 01/19/2018

Selecting Stocks and Analysis

It’s been weeks since my last watchlist post. I’ve been feeling so tired during that time but unable to sleep, then this week I got a little sick but managed to come back the past few days. I’ve stuck to my non-trading goals so far this year so I’m proud of that.

Blockchain is still hot despite most coins dropping the past week or two.


$ITUS

Watching for a dip down to $4.30 support again.

Float: 12.59M
Short: 11.71%

$RCON

Spiked huge the past few days. Not as strong yesterday but still managed to go. Pullbacks and flags are the only real way to trade it. Never holds its gains as the last few times have ended with massive daily wicks.

Float: 6.94M
Short: 2.23%

$GNC

Incredible squeeze out of the gate yesterday. I wasn’t sure if it’d do anything since the daily chart is a downtrend from $35 and the news didn’t seem that amazing.

Float: 67.91M
Short: 45.13%

$OAKS

Perfect dip buying opportunity yesterday at $3.20.

Float: 21.94M
Short: 2.57%

$CNET

Big resistance at $4.80 after it cracked that level on Tuesday.

Float: 7.60M
Short: 1.08%

$NBEV

Had a decent dip buy opportunity yesterday at $3.00. Kind of choppy and it is an NYSE stock. $3.63 will be a multiday breakout.

Float: 14.30M
Short: 10.91%

$FORD

not to be confused with $F

Currently the only penny stock doing anything during premarket. Terrible chart history and rarely has any trading volume. All previous spikes have failed.

Float: 5.48M
Short: 6.38%

Watchlist Review

Very choppy today with a lot of sell offs. $FORD was the only stock that had a decent spike but it failed right away. $NBEV had a nice dip but it was very illiquid and choppy. Later, $FORD had a consolidation breakout and squeezed from $2.60 to $4.45. Getting in right at the breakout would have been perfect. I missed it since I thought it was going to just roll over some more.



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.