SMX made another 100% move today from $30 to $60! Incredible! If it can hold this level, we might wind up with another squeeze to $100 by the end of the week! And while I was taking a chance on PHGE this morning, I forgot to set a buy order for PLRZ - which I FULLY INTENDED TO DO last night! And of course, it surged on news this morning and hit over 100% almost all day long. That's a great sign on this ticker. NIVF posted earning and got a quick spike off of it, BUT...I think the earnings reflected the Pre-split adjusted price or something, cause right after the spike, it PLUMMETED..I'm avoiding that one. KXIN had an AH pop on a Foreign investor news, made a 40%+ gain in AH...I don't know if I'd chase it though - It's China and they have dilution ready.
PHGE did hold fairly well today. If it can hold a second green day, I think it definitely hits $5.40 for a 30% gain from its bottom.
What I'm watching tomorrow:
BLMZ: Japanese Video Game Audio Production. Lowish float, low risk. Ever since day 1, it's been respecting that $1.00 level, making sure to close above it. Today it closed right at $1.00. I like its history of supernova spikes; it's only got a couple more days left in the 10-day window to impress the SEC, and unlike China, the Japanese are much less slimy. I think all this consolidation is going to result in a massive spike. I'm going to try to get in at $1.00.
RJET: Regional Airlines. Low float, great bottom bouncer risk profile. Coming down closer to that $16 support area...good support level to try for a bounce to $20.
XHLD: Live Streaming / Broadcasting / Event Planning. Low float, AND dilution tracker updated the risk profile to a much better one than originally planned out. Still, it's chart is also a "one and done". If you're in it, set a sell order immediately. If it spikes, it could be fast and furious and then implode. I'm gonna try to be patient to see if it can come down to $2.00
EZGO: Chinese Exploding Bicycle Rentals. Ultra Low Float, Low Risk. Glad I cut this where I did today, since it came down 10% from my entry. I still think it's worth a shot though, especially since FLYE is still pretty off its bottom. And also considering there's been ALOT of winners happening in reverse split land. Lots of REALLY bad offerings too, though...this is one of the riskier tickers. Keep position small on this one. The $2.00 area is enticing - it pulled back down to the top of the downtrend line and its at a key psychological level. That's a good entry area for a bounce. Goal would be $2.60+. PLUS meaning if it pops with news, then I think it could his $3.20 - $3.50 or more.
MBRX: Bio Tech Cancer. Low Float, High Risk, but good bottom bounces. Held a second green day, but didn't gain much. We did get a higher low though. $6.50 is a key area to watch.
TLRY: Canada POT. HIGH float, and dilution tracker updated its risk profile to a much worse one. Huge short interest. I don't like it at all. I hate TLRY. But interestingly, Stocks to Trade, has in bold letters "BUY" at the top as a recommendation - which it NEVER says on reverse splits. So...kind of interesting. I still hate it. My assumption is that the charting platform is basing its risk off the $7.25 support level (I like the $6.75 area more).
One new ticker splitting tomorrow:
STRO: Bio Tech Cancer. Higher float, high risk. That should say it all...no bueno of a combination. Which means this will probably pop. I think an entry at $5 level would be safe for a 20-30% bounce though. $5.25 is the double bottom...so there ya go. That's where I'd get in.
Okie dokey...good luck everyone!!
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