Watchlist - 03/06/2018

Selecting Stocks and Analysis

I took all of last week off so I could finish “Trading in the Zone” by Mark Douglas. I found it to be extremely helpful. You can find the audiobook on YouTube for free.

I don’t think I missed too much besides $CRON and $INNT. Crypto has been sideways for about a week now. Will dip buy LTC at $110.


Not any recent news. Support at $15.90 and $12.60. This will be the third up day if it manages to spike.


A little choppy. Support at $9.70, $9.45, and $9.25. Pretty sure the only news is it being the first pot stock on the NASDAQ plus a ticker change from $PRMCF.


Earnings. Could have support at $11.45, $10.75, $10.20, and $9.85. Long term chart is bad but the yearly isn’t.

Float: 31.82M
Short: 3.51%


Starting to curl back up. Long term chart is horrible. $1.56 is a multiday breakout. $1.64 could act as resistance.

Float: 79.19M
Short: 3.97%


Breakout over $7.05. If it breaks that it has room up to $9. It could be a decent short though since it got close to $7 yesterday and failed. This would also be the third green day.

Float: 28.98M
Short: 4.61%

Watchlist Review

Most of my stocks had huge spreads so there was no way to buy them. $SPY is all over the place this morning. Dump to close, spike, another dump cracking the close, trying to spike again.

$VCEL dropped to support then spiked randomly due to algos. So hard for me to buy 5c tick stocks.

$CRON was a decent dip buy once I saw a huge 480+ buyer at $10.00. I was too slow and it spiked before I could make a decision.

$ARWR pulled back to VWAP. I was thinking risk down to $7.50 but it looked like it was about to roll over again.

$INNT had massive spreads so it was untradable. It ended up getting halted while spiking from $13.50 to $17.00. Just crazy if you can get on the right side of it.

$ACBFF ran a bit. I don’t see any company specific news (just some news about spending on legal cannabis projected to increase). Could be running in sympathy to $CRON as well. I’ll watch it tomorrow for a dip buy.


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.