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.

080717 HUSA

#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.

080717AVEO

#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.

080717 NGD

#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.

080717 CDR
CDR
080717 HLIT
HLIT
080717 ZIOP
ZIOP