Hi guys,
So the markets have quite interesting this week, I decided to make another watch list as although we are in the middle of summer, there are a few stocks to keep an eye on.
The stocks I'll be looking at are:
LNREF - this fella had a lot more volume yesterday than usual. This made me keep an eye on it. If it can keep climbing, I'll initiate a long, if not, I wont short until I see some serious red.
NVLX - the stock has bounced from 0,25 a few times, so I think there is a more than 50% chance it will bounce again. I'll keep an eye out for it.
AEYE - it seems like the stock is heading higher, but is having a hard time braking 1,1 level. This is something we need to keep an eye on. If it can brake it, I'll go long, if not, short.
MDBX - last time it was at the current price level, it bounced for 30-40%. We might see a bounce from 14,50 again, but this time I don't think it'll be more than 10-15%, if any at all. Need to look at the price changes. Next support after 14,50 is 10.00...need to watch those levels.
MARA - on the loose, we'll see what it does, but keep it in your watch list.
GHIL - This is also quite spiky, I'll see how it reacts. Nowhere biased atm. Seems to want to go through a correction. If it opens red and goes red to green, I'll go long.
IMNP - seems to have gone through a short squeeze. May start falling again, this time for real, but we'll see.
Happy trading guys!
Also check out my webpage http://www.johnsdaytrades.com
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