Watchlist MSHL WMG PBY SPPI USAT SUSQ
Previous watchers: EEE MKND
MSHL
Getting a whole bunch of attention in price and volume without any real catalyst. Not sure what the full picture is but this is the type of chart I like to play. If there is still momo buy early. If you miss the pop short the fade.
WMG
Buyout speculation has this under momentum. I haven’t found any price targets on the buyout but there is a good chance it’s fluff. We’ll see how the action is in the morning.
PBY
Rumors out that PBY has contacted BOA to explore their options of selling the company. Again no buyers in line or price targets so we’ll just play out the speculation to see if there are any good rr plays.
SPPI
Might be in a reversal patters. Stock has been sold off slightly if it can stay above 6.40 it should remain strong. If it struggles to stay above $6 this would be a nice short.
USAT
This stock has been trying to breakout for days. At this point it will either blast through 1.80 or it will drop a few % points. I’ve noticed a lot of late day fades on this. Make sure you are aware of that if trading it.
SUSQ
Another stock trying to set new highs. This however is in a better set up pattern to go higher as it’s closed above it’s most recent highs. I think this goes a little higher over the next 2 days.
SBIB
PVTB