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.