April 20th Daily Watchlist - 5 rewatches, 13 new watches

Prior Day Market: S&P – up 0.9%; NSDQ – down 0.4%; DJIA – up 0.3%

Top watches - $RPRX $UNXL $SEED $CBAY

Second day watch à

RPRX price spikes of $2 with morning gap up and intraday spike from $3 to $3.45. Day finished above $3 support level. Look for first red day as historically sold after these spikes. Below $2.70 short signal. And being promoted.

UNXL upwards stair stepper pattern. Another positive day, consolidating at support of $1.85. Short below $1.70 but only for $0.30-$0.40 move.

GNE big spike on big volume historically met with big selling. One day move $6.75 to $8.25. Consolidation around $8 on second day. Short on red day below $8. Resistance at $9 with bitter shareholders expected to sell positions.

HERO broken $3.25 resistance on high volume. $3.50 breakout but look to short in next few days with bad fundamentals and no news, going up with other oil plays.  Potential morning gap up and breakout above 4.30, but short below $3.75 if broken and then below $3 for $0.50 potential.

FELP is an energy play moving with oil. Morning breakout as anticipated from $2.10 to $2.80. Potential bounce and if double top at $2.80 SHORT.

First day watch à

SEED only worth watching if it breaks $2.50 and $2.80 which is yearly high. Classic pump and dump pattern where spikes always met by rapid price falls. Investor meeting at Wells Fargo Securities on 26^th April.  

CBAY confirmed break of $1.9 short term. Breakout above $3.20 would push to $4 but uptrending purely on news of insider buying. Fundamentals not great. Gone from $1.70 to $2.20 so not enough upside to consider shorting yet.

VHI is a crappy company with huge short ratio leaving room for squeezes on a breakout. Uptrending past 8 days with no news or message board chatter, suggests manipulation from $1.20 to $2. Break above $2.10 for $0.40-$0.60 ish.

CANN rising in hype of 4/20. Crappyyyy fundamentals and no data on shares short – dodgy. Insiders looking to release shares on spikes causing a fall soon back to lows of around $0.75. Earnings release play on 20/04. First red day, down to $1.70 but let earnings play out tomorrow.

GRNH, TRTC on the 4/20 bandwagon. GRNH Stock price doubled with good news on revenues early April from 0.05 to 0.10 with two big green days. Look to short on first red day.

EXK, PLG, TMST, AAU uptrending metal plays. EXK gapped up from $3 to $3.30 at open, finishing near day high of $3.85. $4 key historical resistance. TMST breaking out above $12.50 to $15 – $5 historical spikes met with short opportunities, below $11.

SID steel play from $2 to $3.75 in 10 days, a little slow but up near highs. Breakout above $3.80. 5bn market cap and a little too liquid (4m) for me.

SXE gas play strong close breaking cup and handle at $2. Breakout to $3 expected technically. Drowning in debt with large short squeeze potential on breakouts. Earnings call Friday so will watch.

GRAM has had strong gains from $4 to $7.50 in 7 days. 1bn market cap and breaking out to new highs above $8. Watching just to see price action. Expecting it to dip and bounce at $6.50 if it does not break $8.