April 21st Daily Watchlist - 11 rewatches, 7 new watches

Prior Day Market: S&P – up 0.1%; NSDQ – up 0.2%; DJIA – up 0.2%

Top watches - $RPRX $UNXL $GNE $VHI $AMPE $BCEI

Second day watch à

RPRX finished below $3 with a low of $2.80 for the day, could not break above $2.95. Predicting a fall to $2. LOOK FOR SHORT SIGNAL.

UNXL upwards stair stepper pattern. Strong open on positive news, finished at high of the day $2.35. Breakout above $2.50 for $3. BUY SIGNAL.

GNE big spike on big volume historically met with big selling. One day move $6.75 to $8.25. At key breakdown point of $8 after down 0.24. LOOK FOR SHORT SIGNAL.

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. Volume fading suggests short below $2. LOOK FOR SHORT SIGNAL.

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. Fell below $3.75 twice but did not hold. Finished bearish.

FELP is an energy play moving with oil. Watch for continued bounce to $2.80. Back watchlist.  

SEED is a classic pump and dump pattern where spikes always met by rapid price falls. Morning spike but could not hold into the evening, fell below $2. $1.90 near term support and break down below $1.75.

CANN rising in hype of 4/20. Crappyyyy fundamentals and no data on shares short – dodgy. PA move suggests bad earnings, short below $1.50 for $0.25-$0.35. Insiders looking to release shares on spikes causing a fall soon back to lows of around $0.75.

EXK, PLG uptrending metal plays. EXK gapped up from $3 to $3.30 at open, finishing near day high of $3.85. $4 key historical resistance. PLG break below $3.25 to a potential $2.50-$2.75, high volume could not push it above $3.80 intraday.  EXK breakdown below $3.50.

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. Watching for dip bounce at $6.50 or break above $8.

First day watch à

AMPE due a correction downwards as it has been squeezing shorts. Will watch for short day signs, below $4 should fall to $3.50 but currently on third green day so could go higher. Classic pump and dump signs in history, rising $2-3 each time.  LOOK FOR SHORT SIGNALS.

BCEI (oil play) has risen from $1.5 to $3; it broke out above $2.6 previous resistance level yesterday. Could gap up, above $3.10 would push to $3.45 resistance. Above $3.45 this is a breakout with strong volume again especially with 15.78m shares short from 47m float, short squeeze potential huuuuge, with added bitter shareholders from 2015. Looks like it could break to $4-$4.50 before pullback based on historical yearly spikes. Lots of message board hype. BUY SIGNALS

STRP from $30/$31 to $37 in one day with high volume.  Potential dip buy at $35 but more interested in re-shorting on down day especially with strong resistance at $37-$40. Potential positive license news for rise but will not hold. 25% of float as shorts so dangerous for squeezes up.   

VMW watching to see how large cap (24bn) on positive news on top paying company in US plays out.  Gapped up yesterday from $53 to $56 and touched high of $59.23. Break above $60.

FCSC good chance at breakout above $3.15 on high volume. Risen $2.30 to $3 so potential for move higher.  XON could break higher in correlation above $38, same as ZIOP above $9.5.

CCLP oil and gas play break above $8. Positive earnings and potential further gains as judged by previous spikes.

CCXI technical breakout above $2.60 on high volume. Strong support at $2.25.