KINGS WATCHLIST 9.24.18

SAEX: Crazy move today with a key close! Expect a gap up tomorrow or continuation. Volume is unreal on this ticker. Supports at: 17, 22, and 25. Next resistance would be 40 then 50! Don’t sleep on this ticker! Idea near supports or over 32.

SHARES FLOAT: 762.24k (Based on Yahoo Finance)SHARES SHORT: 6.55%

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JONE: Best sympathy to SAEX imho. Both oil stocks and R/S. This will most likely see a very big move tomorrow! Lots of shorts on this and I expect them to be squeezed/cover soon! Currently over 7 AH. We can expect to see 10+ if the SAEX volume comes into JONE. Supports at: 7, 6.50, and VWAP. Idea near support or once major volume comes in.

SHARES FLOAT: 4.56M ; SHARES SHORT: 28.09%

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WMLP: Currently one of my favorite chart patterns for a squeeze. Closed above bollinger bands and TTM Squeeze is giving a green signal. May decide to add more tomorrow because this has major potential. Idea over 2.45 or near 2.10/2.15 short term support.

SHARES FLOAT: 1.11M ; SHARES SHORT: 7.71%

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TMSR: Another lovely chart that I will be watching tomorrow. Major squeeze above 4 or above 50 SMA/EMA (3.84/3.76). This low float can run hard on just little volume. Today could just be a starter day and we can see a huge move if we see more volume tomorrow! Setting my alerts. Idea over 50 EMA/SMA or over 4.00. 

SHARES FLOAT: 7.52M

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CEI: A penny oil stock that is looking to gap up based on AH action. Last time this gapped up it made an even bigger move. Major squeeze above .50! Supports at .42. Idea over .50 or near support. Watch YUMA and HUSA (Both penny plays that are oil related)

SHARES FLOAT: 39.69M

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  1. Nice work Buddy

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