Jason Simmon’s Watchlist – 5/20/19

Jason Simmon’s Watchlist – 5/20/19

JNUG NUGT USLV EXK AUY EGO: Gold green gapping up right above that $1275 support. Watching to see if $1275 can hold as support and looking for a push back up towards $1280. With the trade war going on and until the markets find a bottom Precious Metals need to be on your watch list. 

RIG SDRL USO WTI UWT OAS GTE:     Crude holding trying to $63.00 this morning watching for $62.50 to act as support on any pullback and watching for a push up to the $65.00 area. Iran war situation keeping Oil near its highs. 

SPY TVIX UXVY:    All china trade talks are off the table. Now we will have to see where the market thinks we should be.  Watching for $281.50 to act as support on any pullback. Trade careful one tweet on the situation could take us down to test the 200-day moving average at $277.35. 

UGAZ DGAZ UNG:Natural Gas gapping up right up to $2.70 resistance. Watching to see if this can break or do, we fall back to test $2.65.  

RIOT GBTC MARA SRAX OSTK:   Bitcoin still near $8,000 rallied back over the weekend. Watching to see if we get a push in the sector. The SEC will be going over another Bitcoin ETF this week. 

OTLK:  Gapping up nice here on some unusual premarket volume, watching for $2.00 to act as support on any pullback and watching for a push to test its gap fill at $3.17. 

AMRS:   Gapping up here on first CBD milestone. Watching for $4.50 to act as support on any pullback and watching for a push to test its 200 day $5.32. Volume will be the key. 

QD:  Company came out with good earnings gapping up over 7.00 resistance watching for this to act as support on any pullback and watching for a push towards the 8.00 area. Volume is going to be the key.

MDCO: Gapping up on good interim data from a trail. Watching for $35.00 to act as support on any pullback and watching for a push up toward the $40.00 area. 

TRNX:   Gapping up over its 50-day moving average at .66 watching for this to act a support on any pullback and watching for a push to test that $1.00. CC regarding earnings at 1pm est today, 

BIOC:   Gapping up over $1.00 resistance here watching for that to act as support on any pullback and watching for a push to test the $1.20 area with the right volume. 

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