Watchlist: 2/10 Penny Stocks are Disappearing

Market Notes:

At the close yesterday, only three common stock tickers listed on the Nasdaq were still trading under $1. This morning all of them are above $1 in the premarket. LKCO, ACST, SXTC.

Retailer traders have shown up on droves since the GME saga and started buying anything that looks cheap.

The bull market is still firmly engaged as all the major indexes trade near record highs.

I’ve changed my scan criteria to reduce the number of stock on my list. My end-of-day scan now requires volume of 5 million or more up from 1 million.

Futures are up. I’m bullish.

Watchlist:

*Low Float

*WIMI has support at $11.50
*EAST has support at $2
*SALM has support at $2.50
*PDSB has support at $5
*PRPO has resistance $4
*SLRX has support at $3
*KTRA is on watch
*NVCN watching for a setup above $3
*MOGO is on watch
*VISL has resistance t $5
*SINT has support at $3
*BHTG is on watch
GNFT has support at $6
TOPS has resistance at $2.80
UAVS has support at $15
USWS has support at $1.20
UAMY has support at $1
EMAN has support at $3.20
GEN has support at $1
RMTI has resistance at $2
ORTX has support at $8
ACST has support at $1
VYNE has support at $3
OGI has support at $5
MNKD has resistance at $6
TXMD has resistance at $2.60
SNDL is on watch
GSAT is on watch

Leave a Comment

Your email address will not be published.