KINGS WATCHLIST 9.12.18

NMRD: Almost 100% move today with news (Reports positive interim data from clinic portion of SugarBEAT FDA clinical trial). Missed this move today but will be on watch tomorrow for a scalp opportunity. Today’s volume is the most it ever had in YEARS! Bounced off the 200 EMA on the 5 minute. Idea near 200 EMA (5 min) or over 3.00 for a scalp. 

SHARES FLOAT: 18.49M

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ABAC: Popped on the scan a couple times today. This was grinding slowly all day and I am thinking that this will make a massive move soon. This is definitely supernova potential IMHO. Way under book and cash value. On HIGH watch for tomorrow! Idea over 2 or near 1.70 short term support.

SHARES FLOAT: 3.95M ; BOOK/CASH PER SHARE: 11.16, 7.64

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AKER: Alerted this on the WL two days ago! I hope some of you caught it. Great technical setup that is currently in breakout mode. This is known to be a multi-day runner so I wouldn’t be surprised if this made another 10%+ move tomorrow! Closed above 50 EMA/SMA which is a very bullish sign and closed above bollinger bands. .4+ potential. Idea over .32 or near VWAP.

SHARES FLOAT: 91.54M ; SHARES SHORT: 13.40%

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BLPH/GEMP: On watch again! These gap fill potential stocks have been consolidating the past couple of days. We could see a second leg up soon and these are great low risk swings imho. BLPH, idea over 1.20 or near 1.00-1.05 support. GEMP, idea over 2 or near 1.80 support. If you get in the support area, make sure you have TIGHT stops! 

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MTSL: Another great swing pick with low risk. Riding nicely on the trend line and this is known to make massive moves. Idea near 1.5-1.55 for a swing! Target 2+ within two weeks. SL: 1.44

SHARES FLOAT: 1.69M ; SHARES SHORT: 15.79%

 

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