{"id":727,"date":"2016-05-08T23:53:19","date_gmt":"2016-05-08T23:53:19","guid":{"rendered":"http:\/\/ngz.rul.mybluehost.me\/?p=727"},"modified":"2020-10-06T23:35:48","modified_gmt":"2020-10-06T23:35:48","slug":"watchlist-stocks-i-am-watching-for-050916-51316","status":"publish","type":"post","link":"https:\/\/www.beatstockpromoters.com\/blog\/watchlist-stocks-i-am-watching-for-050916-51316\/","title":{"rendered":"Watchlist: Penny stocks I Am Watching"},"content":{"rendered":"

NEM<\/strong>: If the market decides to go back up I am looking at a short on NEM which is a gold stock that’s been ripping. 161.8% or 176.3% extension on the daily combined with some fib retracements from high to low. It will just be a quick trade since I think if the market keeps rolling over NEM should keep moving towards a measured move around 41.50 area.<\/p>\n

AHS<\/strong>: Nice daily chart. Although a bit extended it could break out a bit more or if market tanks could set up a nice failed breakout short back to 34.00.<\/p>\n

DFT<\/strong>: Another very strong one on the daily. Right around the new 52-week high breakout level. Could see 47.00<\/p>\n

WCN<\/strong>: Another stock just hit a 138 extension and pulled back sharply. I am looking for a bounce back to 67.00 and then if it holds a move towards 70 for the 161.8 extension<\/p>\n

MLM:<\/strong> may be set up for a nice short on a breakout failure. It’s right at the breakout level on the daily so might breakout although it’s pretty extended since it went straight up since bottoming in early Feb.<\/p>\n

AWK:<\/strong> water stock that’s been super strong. I am looking to short it on any sudden spike, possibly 76.50-77.50 area.<\/p>\n

DLR:<\/strong> same sort of chart. Near a 52 week high and breakout level on daily. Kind of extended but may continue towards 97 or 101. This one could also set up a nice short as well if it’s a false breakout.<\/p>\n

NOC:<\/strong> The last one for a short is. It’s been super strong. 5 up days in a row on decreasing volume. Just hit 2.5 standard deviations Bollinger bands on daily. Definitely, higher-priced so not for everyone’s liking but should give a nice trade.<\/p>\n

Want to get started in trading penny stocks? Click here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

NEM: If the market decides to go back up I am looking at a short on NEM which is a gold stock that’s been ripping. 161.8% or 176.3% extension on the daily combined with some fib retracements from high to low. It will just be a quick trade since I think if the market keeps … <\/p>\n

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