EXMCQ - This stock recently has provided 2 great trade opportunies and tomorrow could be a 3rd.Todays nice inside bar could provide power tomorrow on a break above resistance at .32. Above .32c and then it has room to make another run to possible .45c. Also good history of multi-day moves.
FREE - In a bull flag here, watch for a move above .52 tomorrow morning, this could see much higher, I like the small pullback it made on light volume showing people are holding…
NNRX - Continued to trend higher today and would expect the same tomorrow .I still like the 1.20-1.30 target for this week, stick with it. Id raise stoploss to 1.08-1.15
SGLB - On watch for a breakout tomorrow above .089. Good spike in volume today, volume precedes price action. Above .089c then the next level of resistance is around .12c
UQM - Good history of multi-day runs and today gave us a huge engulfing bar. Tomorrow looking for continuation up to 2.20.
TSLA - In a bull flag on daily and has held up great the last 4 days as the markets sold off. TSLA is still at all-time highs and short interest actually increased yet again! Shorts continue to roll up their positions and continue to be dead wrong. No reason to try to find a top in TSLA. Tomorrow I think TSLA rips again this time into the 190s. Watch for new high break at 185.83.
— If you are a perma-bear on TSLA you gotta be patient. Did you know TSLA hasn’t had its 8ma under its 21ma since March!? Ive never seen a streak like that and I believe once that occurs that will signal the potential top. Until then either join the bulls or warm the bench.
SPY - Today closed red again, down 4 days in a row. It hasn’t seen a 5 day losing streak in 2013 and until this changes I am going to assume tomorrow markets are green so I will be looking for some sort of reversal candle tomorrow. It has to start with a small timeframe first and then work its way into the daily candle. Pay attention to the 15min candles to find some sort of hammer bottom. If markets gap up tomorrow then I believe it can be a gap and go day
GOOG - nice doji candle today as it absorbed yesterdays big selloff. Tomorrow looking for a snap back over 890. Wait for 890 to break before trying an entry (even though I am long already). I am in 910 calls as a lottery play for this week. Above 890 it has pretty open air til 896-898
JPM - Looking for a dead cat bounce tomorrow as JPM fell into its 200ma today for the first time all year. This is obviously very bearish and JPM is overall weak but I highly doubt JPM is going to fall right through its 200ma without some sort of bounce. Tomorrow looking for a morning flush lower under todays low and then a snapback above todays low, once that snap back occurs that will be my buy trigger. Would look for bounce back to 51.70-52 by thursday
Remember this is just a watchlist and do not guarantee to be profitable trades. Use your own judgment when making the trade.
Sign up for our free newsletter!!!
We have emailed out a very impressive list of alerts that turned into huge gainers recently like PPHM +830%, MWIP +1100% and PVTA +470%!!! So sign up for our free newsletter to get alerts like these.