Here is a list of possible bouncers for Monday. They are all penny stocks so these plays are obviously much more risky.
DYP looks like it will bounce soon if not on Monday. Bounce play above $1.18, continuation play below $1.01.
MAJC looks ready to explode to the upside soon. It just needs some volume. Bounce play above $0.57, continuation play below $0.51.
ALTI bounce play above $1.58, continuation play below $1.52.
CBEH is not the best setup, but I love the potential for this to be a big play. The continuation play may come in to play first before the bounce play is perfectly set up. And it may take a few days for there to be a great setup for this stock. But definitely worth it to keep an eye on this stock. Bounce play above $2.56, continuation play below $2.24.
SBAY is similar to CBEH where it is not exactly the best set up, but the potential for an explosive play is there. May take a few days for a better setup, but I am watching it. Bounce play above $2.70, continuation play below $2.27.
Other stocks I am watching this week
I am watching RST to break above $14.00. It is not really a bouncer play, but it is a bottom play. I will be watching HSYT for a similar type play above $0.17. I will be watching the following stocks for good setups on the bouncer play: DGW, CJJD, HSFT. Be extra careful with some of these plays, as many of them do not have much liquidity, and it could be difficult to exit the trade.
No comments:
Post a Comment