Watchlist: 5/26 Meme Stonks are Back!

Market notes:

AMC, GME, KOSS, and others roared back to life yesterday. I’ve got one on my list this morning. Short squeezes are the apparent reason… Some traders never learn…

Bitcoin broke out above $40K this morning. Will be watching to see if it can hold that level.

The broader markets continue sideways movement. A breakout to new highs is possible at any moment.

I’m still risk off. I don’t trust the momentum right now.

Watchlist:

RCON is a low float, support at $11.50
GTX is on watch
PIRS is on watch
VSTM has resistance at $4
AMC has support at $15

OTC (on watch, no levels):
HTZGQ, GGII, HMBL, ABML, MJWL, SBFM, AABB, GLDFF, KYNC

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