JayTrader007

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Intro and Watchlist for 8/7

This is the post excerpt.

Thank you for taking the time to read this. Hopefully this will be as helpful for you as I hope it will be for me. I have been trading since April 2017. There have been as many ups as there have been downs but I have settled into a groove.

Please be aware that I'm learning and have no significant experience. I will use this site to share any stocks I am watching.

I currently work an 8-5 job and live in the southwest. The market currently opens at 6:30 am and it's a struggle to get ready for the day, get the kids ready for school and get to work during the opening activity to the trading day.

My current strategy is simple. I'm looking for stock that have a healthy average trading volume, have had a bullish engulfing candle and open the day with good volume. Once the stock moves higher than the previous day's close I will look into buying and holding for a day or two.

I will post a photo of the stock(s) that qualify and give my basic thoughts. I'm doing this mainly for my own purposes as a quick reference but hopefully you find them informational. If you read something I've written and see a pattern or a flaw in my analysis please don't hesitate to let me know.

Before I get into Monday's list there's a quick, shameless plug. I use Robinhood on my phone to trade. If you don't use it but would like to try it, please use my link below. Once you sign up we will both receive a free stock worth up to $250 ROBINHOOD

Without further ado, here is what I'm eyeing for Monday, August 8:

#HUSA had an engulfing candle on Friday, with good volume on Monday I will look to get in at $.57-.58.

#AEZS is one that I was fortunate to get into the spike in mid-July. It's back on my radar with Thursday's engulfing candle and the confirmation on Friday. I may have missed the boat on this one but if it hits $2.00 on Monday it may be worth looking into.

#AVEO is another strong watch if it gets to $2.55 early in the morning.

#NQ#GFI#CDR#NIOPThese are slightly out of my price range at the moment but CD-R and ZIOP would be strong watches.

Watch List for August 9, 2017

Here is my list for August 9, 2017. As always this is a list of stocks that I’m watching after a bullish engulfing candle, with decent average volume and is not overbought (RSI<70). I’m looking for a strong open the next day and volume.

If you’re new to trading or a looking for a different platform then try Robinhood. Use the link below and we both receive a free stock: RobinHood.

The charts posted below are 3 month-daily charts. These are listed by price – low to high – and has no significance on how I see one performing over another. In fact my two favorites will be listed at the bottom today.

#SNMX is first on my radar for hump-day. Watching this closely due to Tuesday’s engulfing candle, an RSI of 33 and those big candles tell me the daily range is worth watching for a quick pop.

#GSV is next up. Watching for this one to break resistance of $1.68. If it does i think it’ll go.

#CLDX is batting in the 3-hole today. If you can catch this at a dip in the low $2.40s I think you’ll be able to take this one for a ride.

#BIOS is batting clean-up and I really like this one. This one has been on a steady climb since May, it’s leveled off a bit and now i think will go again. Also included below is the 5 minute chart from Tuesday. Major consolidation of the EMA and SMA. Looking for some volume on Wednesday and for this one to keep going.

#CCO is very similar to #BIOS above. I’m looking for some pullback in the next day or two and will try to get in around the mid-$4s.

Watch List for August 8, 2017

Here is my list for August 8, 2017. As always this is a list of stocks that I’m watching after a bullish engulfing candle, with decent average volume and is not overbought (RSI<70). I’m looking for a strong open the next day and volume. If you’re new to trading or a looking for a different platform then try Robinhood. Use the link below and we both receive a free stock: RobinHood.

The charts posted below are 3 month-daily charts.

First up is #GRWC. With an RSI sub-30, I really like this to open above $.13 and to have a strong day.

#HUSA had a bullish engulfing candle on Friday. It open on Monday at .57 and couldn’t really move, eventually closing just under $.56. If there is any early morning volume on Tuesday I see this having a good day. If not, it’ll get set aside.

#AVEO had its engulfing candle on Friday as well but it’s Monday was much better that #HUSA. I’m looking for an early pullback and then another bounce.

#NGD broke resistance of $3.23 last week and continues to climb. It had a nice engulfing candle today. This is another I’ll look at closely at open. I’d like to see it test the 9 day EMA before getting in.

#HLIT #CDR #ZIOP The next three are just outside of my price range, while they look good, I will only follow them once I sell some other positions and free up some available funds. Their charts are below for an idea of what I’m looking at.