Friday, June 8, 2018

Watchlist for 6/8/2018 + Analysis

 $HEAR $NKTR $VRS $IZEA $GLNG $DCIX $AXON

HEAR
- Alert triggered at break of $20.50, took early entry
- A bit risky, but also solid reward given all the interest in this former low float runner
- Weak-ish afterhours, nothing majorly concerning

NKTR
- Huge dump again today
- Not as appealing as it was following original dump from $90
- Great reward still there, as long as we get good entries and set stoplosses

VRS
- Nice pullback from overextended territory
- PT1 $21.10
- PT2 all-time high $21.82
- Watch for trend continuation if we break highs

IZEA
- Break of $1.47 is confirmation of trend reversal
- Hourly chart was beautiful today, took early entry
- Daily chart has high reward if trend reverses

GLNG
- Break of $27.80 is confirmation on hourly and daily - alert set
- PT: $29.58 (end of upper body of candlestick)

DCIX
- Looking ready, best to get early entry
- *Insert obligatory comment about this being a shipper and needing to think twice (or thrice) about swinging a shipper*

AXON
- Fat dump after the run 2 days ago, and continuation into yesterday before the dump began
- $5 level is important
- Up slightly in afterhours
- Still very high risk if we're hasty and take entry near previous lows, and don't use STOPLOSS.  We can get caught in a huge dumparoo and become bagholders

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