OTC Watchlist 10/24/16

by | Oct 23, 2016

Had a fantastic weekend, and hope you did as well. Will try, to take this week maybe a tad easier as I will be doing something for my 31st b-day on Wednesday so I don’t want to really be stuck at the computer and want to just enjoy myself. SUNEQ was a big winner for us and hope some people made it a little farther then me but just wonderful overall I think. I want to make sure we are keeping to the basic chat rules as well, I know that I blab sometimes too much and want to have it be more of a, hey this chart, ABCD is breaking out on daily, nice setup here type of commentary. OH, and being the Griswold’s for the Halloween party was amazing.

BTUUQ – I am short small overnight and have just a gut feeling its hard to borrow and just a straight morning tank to low 8’s. If not I stayed small for a reason and will try to add, but likely not right out the gate.

HEMP – Heck of a .04 breakout here and fantastic abcd close, lots of volume and likely gap and go.

MJNA – Same here, very close again to a massive chart breakout

BBEPQ – Just a feeling I had Friday that this move in NO where near done, really expect much higher on this one, and the .53 are the key here.

GRCU – One of the setups on the 5-min chart that I love, so will be looking to add back size on this one.

CJESQ – Still an amazing chart and have been swinging the .94-.96s for a while now…they toy with it which makes me thing at one point that let it go, similar to a SUNEQ style rip, where everyone has to chase it up or miss it.

LNCOQ – Based on the action will look to get back into the long swing. .15 was an important level

EOXLQ – FINALLY! I sold about 1/2 on this one, bigger volume, but still thin so be aware. going to just keep the rest and see if it can do anything funky.

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