Friday, June 1, 2018

Ticker Analysis for 6/1/2018 and next week 6/4 $STUDY

$CLSD $BPMX $CAE $BRKS $IPAS $ANY $VRS $GLNG $X $UAVS $ARLZ $EDRY $AVGR $CHEK $WMLP $NAP $ITUS $AXON $NOMD $HABT $TEUM $DPW $RIOT $TROV $VKTX $VTVT $CLWT $CBK $SWIR $GES $MU $RAS

CLSD
⦁    Entry: break of $10.27 resistance is strong confirmation of reversal
⦁    PT1: $10.72
⦁    Important -- we care that it's down 32% on a supposedly positive news Catalyst (trial results) -- we NOT care that it's down with a positive news Catalyst.  -- what's the difference? When trading news Catalysts, we must price-in the Catalyst and consider the fair value of the stock.  Forget the trolls quoting results of trials to you and focus on "trading your plan".  (Traders, not Investors.)
⦁    Bouncing off $9 low (support on weekly charts if $10 fails)
⦁    Strong support at $10 on daily (5+ touches), also a psychological support level.
⦁    Watch for oscillation around $10 tomorrow morning, before pushing big -- in either direction
⦁    Weekly charts not so great
⦁    We have 1 confirmation candle hourly candle already -- don't chase, wait for the best entry!

BPMX
⦁    Strong daily volume
⦁    Look for gains to hold
⦁    Nice weekly charts
⦁    RSI 73 on daily

CAE
⦁    Super nice uptrender to swing
⦁    Entry:on pullback
⦁    Support: $20.88, $20.00
⦁    Resistance: $21.39
⦁    Analyst PT $25/$28/.50

BRKS
⦁    Resistance: $34.77

IPAS
⦁    Daily chart looking like confirmed trend reversal at hold of .41/.43

ANY
⦁    Resistance: 71 and .73

VRS
⦁    Alerts set (at or above): $20.43 and $21.12
⦁    Alerts at (at or below): $19.12
⦁    Break of all-time high $21.12 is full confirmed entry (assuming volume)

GLNG
⦁    Entry: break of $26.00

X
⦁    Support: $36.50
⦁    Resistance: $38.00, $39.23
⦁    Curling slightly on 1hr
⦁    Consider steel tariffs on EU, Canada, Mexico

UAVS
⦁    Alert set (above): 2.50

ARLZ
⦁    Alert set (above): .43

EDRY
⦁    New "undiscovered" shipper stock -- started trading on the NASDAQ 5/31/2018
⦁    Looks like a low floater, actual float unconfirmed (haven't found it yet)
⦁    Hourly charts bullish 8/20 EMA cross

AVGR
⦁    Support: $1.65 (weak) and $1.40 (strong) -- then $1.10 30-day low
⦁    Resistance: $1.65 and $1.94

CHEK
⦁    Support: $3.81
⦁    Resistance: $4.20 (if we break this, should act as support -- it did prevoiusly) and then $5 psychological resistance
⦁    Break of $6 brings gap fill to $10.00

WMLP
⦁    Higher risk, watch for fakeout
⦁    Hourly charts looking like it could bounce
⦁    Daily chart looks like it has room to drop some more -- $1.33 is before run began

NAP
⦁    Alert set (above): $4.10

ITUS
⦁    Been sleeping for quite a while
⦁    Support: $3.50
⦁    Resistance: $3.80, wait for confirmation of break at $3.87 for entry

AXON
⦁    Support: $1.65 and $1.50
⦁    Resistance: $1.70 and $1.80 -- then free till $2.38

NOMD
⦁    Support: $17.34
⦁    Resistance: $18, wait for confirmation of break at $18.13 for entry

HABT
⦁    Higher lows since it touched low of $8.11
⦁    Support: $8.60
⦁    Resistance: $9.15

TEUM
⦁    Alert set (above): $2.50
⦁    Support: $2.30
⦁    Resistance: $2.50 and $3

DPW
⦁    Watch for reversal confirmation off of .635 low
⦁    Support: .635

RIOT
⦁    Watch for bounce off $6.82 low
⦁    Reversal candle on daily

TROV
⦁    1:12 Reverse Split Monday 6/4/2018

VKTX
⦁    Watch for break and hold of $10
⦁    Closed at highs (bullish signal generally)
⦁    High risk until consolidation shows
⦁    Support: $7.15-$7.36 then $5.50
⦁    Resistance: $10.50

VTVT
⦁    Large institutional stake at ~$4 avg
⦁    Approaching support, can bounce
⦁    Support: $1.70-$1.75

CLWT
⦁    Special dividend of $.70 per share approved

CBK
⦁    Watch for follow-through of reversal from .75 lows
⦁    Dumped 25% intraday yesterday off Earnings Report
⦁    Support of .95/.96 on weekly charts (shh don't tell! Not many care enough to go all the way back to weekly charts for support...but MM's do)
⦁    ER doesn't look so terrible
⦁    High risk until confirmation (Nasty wicks on hourly charts, indicating bagholders)

SWIR
⦁    Reversal looks nice on 1hr
⦁    Dumped on PT cut to $22 and CEO resigning

GES
⦁    Largest 1 day loss since August 2012
⦁    Watch for bounce off $19.50 low

MU
⦁    Bouncing off 200SMA on hourly
⦁    Up nicely in premarket ($58.45 vs. $57.59)
⦁    Can get nasty if it doesn't hold, don't get greedy -- this is a highly traded stock

RAS
⦁    New low of .15/.156
⦁    Watch for small bounce
⦁    Lotto play mentality

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