KINGS WATCHLIST 9.23.18

ASTC: Monster move on Friday, squeezed many shorts and went a lot higher than I expected. Broke key resistance (6.00) after hours. Watch for continuation tomorrow. No major resistances and won’t be surprised to see a bigger move Monday! Idea near 6.00 support or over 6.68. 

SHARES FLOAT: 3.12M SHARES SHORT: 9.57%

————————————————————————————————————————————————

XBIO: Another low float runner that has major potential. Currently in reversal mode/curling up. Known to be a multi-day runner based on history. On major watch for continuation. Idea over 4.00 or near 3.50 support.

SHARES FLOAT: 2.68M SHARES SHORT: 2.65%

————————————————————————————————————————————————

PRAN: Kept popping up on the scanner towards the end of the day Friday. Chart looks very explosive and it closed above 50 SMA (2.07) which is very bullish. Can run very fast with just little volume! Over 2.20 break is key! Idea near 50 SMA/EMA or over 2.20. 

SHARES FLOAT: 1.38M SHARES SHORT: 0.67%

————————————————————————————————————————————————

TOPS: 3 Bullish solider candle stick formation. Bollinger bands are expanding which is very a bullish sign. Monday could see a major squeeze. This has a gap fill to 1.52! Idea over 1.24 or near 1.15 support. Watch other shippers such as DCIX, GLBS, and DRYS!

SHARES FLOAT: 16.97M 

————————————————————————————————————————————————

YouTube Channel: https://www.youtube.com/channel/UC5_8MSIEOFLIdcrBfVz4lHg

Close Menu