Daily Archives: January 24, 2017

Watch list for 1/25/17- AOBC, NVDQ, ZUMZ

AOBC- looks to be possibly forming a bottom, showing support at 20. Also like the good volume today along with the bullish candlestick. Interested in buying AOBC tomorrow if it can break above today’s high of 20.80.

Stock AOBC

Stock AOBC daily chart

NVDQ- looks to be possibly forming a bottom. Huge gap down and panic selling earlier this month. Interested in a potential long if it can break above today’s high of 6.85. Think it has a chance of getting back to 8 in the near future.

Stock NVDQ

Stock NVDQ daily chart

ZUMZ- especially like today’s bullish engulfing candle, a possible sign of a reversal. Interested in a potential long position if it could break over today’s high of 20.30.

Stock ZUMZ

Stock ZUMZ daily chart

 

1/24/17 Update- Sold RTK at 2.48 for +13.8%

The price surge in RTK today caused this to be a one day¬†trade. From entry yesterday at 2.18, sold today at 2.48 for +13.8%. Bought yesterday on follow through from Friday’s session which caught my eye on abnormally high volume. Indicated on the image below the Buy and Sell levels used. RTK could definitely continue to go higher, but chose to sell at these levels because it has shown resistance here a few times in the past 30 days. Not looking to overstay my welcome on a speculative $2 stock. Satisfied for sticking to my original plan and moving on to the next trade.Stock RTK