Watchlist for Monday 09/08/204
Here's some stocks that I'll be watching for next monday and possible all week.
BIOF has been trending nicely the las couple of months. Last friday it pulle d back to it's 20sma and formed some sort of hammer, that makes me think that it could be getting ready to go back to 13 or above. Holding above the 20sma is KEY.
Similar setup as BIOF. It has been trending up nicely the last month and has now pulled back. Possibble move to 4. Again, holding the 20sma is key.
I really like this one. EVRY formed a wedge/simetrical triangle, broke to the upside and seems to be heading to 4.00.
MITK one last week big movers. After good news, MITK gapped up and spiked above 4.00 Now it has pulled back and seems to have found support around 3. I'm looking for it to head back to at least the 3.50s and proably retest 4.00.
MOBI had news about stock repurchase and that sent MOBI price to above 9. It is looking strong and it has proved in the past that i can make huge moves, so a move to 10.00 is quite likely.
SYN has been also uptrending for the last couple of months, making nice sharp moves followed by a period of consolidation. It seems that it could end that period of consolidation next week and possibly head to 3.00. Nice range and good risk reward considering that it tested 2.50 a couple of times last week, making it a good stop loss area.
Thats what I'll be watching for next week with also all the Police Cameras/Equipement stocks that rallied this past week: DGLY, ISNS, VII, MAGS;They can either make a seconday move or just breakdown, which seems more likely.
I hope that you can profit from this ideas!
Good Luck & Have Profits!
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