Here’s this week’s watch list! Remember there’s many more plays in the chat room!!
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ATAI – This is on watch because of bounce on off the 50ema again. I’ll be watching this week for another push over this pesky 2.50 level. I’ll be watching for a push into 3.00$ resistance with heavy volume.
AWSM – This is on watch because of Friday’s gap up and retrace. Going into this week I will be watching for follow through into the 200ema or this 3.50$ area maybe even 4.00$ if the volume in there.
IMGN – This is on watch because of price is still holding over the break out level. I will be watching for price to continue to flag on the daily chart then watch for the break out. If all goes as plan I’ll be looking to scale out towards 4.00$. This does have a rather large float, so it may take a couple days.
PEI – This is on watch because of the Golden Cross possibility on the daily chart. What I like best out this is that price is riding the daily trade line. I will be watch for price to continue to set up looking for a break out over the 200ema.
UBER – This is on watch because of its recent IPO, This Monday morning price is continuing to sell off, sometimes find gap down being rather bullish vs. gap ups, so ill will be looking for a little run up with today’s gap down. Price discovery is a beautiful thing