Watchlist for 06/20/23 from Ed

by | Jun 20, 2023

Hope everyone enjoyed the long weekend, big week last week let’s hope that momentum continues.

FFIE looks like they’re going to do a reverse split and the stock is gapping down big. This is another diluted piece of garbage stock that is just a big paper selling scheme imo. Many of the stocks I trade are like this. I am putting this one here just to mention I will likely avoid it for the most part. Maybe short into pops later but SSR will be on and I just don’t feel like being bothered with this one.

GOEV was a big part of my success last week. Might need a couple days to digest the move higher before resuming the trend, or maybe just a one day breather was enough, we’ll see. I think it likely makes a run at a buck like NKLA did.

EVLO is interesting. I have seen a couple like this recently that had a big gap and just faded hard all day but then crept back up in the following days. Will keep an eye on it for any sustained momo.

EBET don’t see a reason for the move, I feel like I traded this one poorly before and didn’t like it but it has had a big run earlier this year so worth a watch. This won’t be the kind that offers lots of good trades for me, it will be one that I try to grab some shares before the rip and hold as long as I can. 

BFRI has already given back most of the premarket gains but maybe has a pop or two near the open before fading

MULN did offer some pretty good trades last week, another one like FFIE that’s just a dilutive piece of trash but I will probably continue to trade it and pull what I can out of it this week

That’s it for now, slow start to a short week but hopefully things pick up. Good luck all

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