NOTE: STOCKS IN THIS WATCHLIST ARE NOT GEARED TOWARDS ANY SPECIFIC TYPE OF TRADING (DAY, SWING, LONG). HOWEVER, THEY ARE EITHER TRENDING TOWARDS A BULLISH TECHNICAL CHART OR CURRENTLY IN ONE. ANY TECHNICAL ANALYSIS IS PROVIDED IN THE CHART. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE CONSIDERING INVESTING IN THESE STOCKS. (The Shares Float is based on figures from FinViz.Com or wsj.com).
Stocks highlighted in this watchlist include: $RPRX, $SPWR
RPRX: Float of 36.52 million shares with 4.21% short. Repros Therapeutics Inc. (RPRX) is a biopharmaceutical company that focuses on the development of small molecule drugs for major unmet medical needs that treat both male and female reproductive disorders. It was montioned by Accesswire in a NR on October 9th and spiked nearly 300%. After a significant dip, it appears to have found support and is now moving up again and looking for more volume to confirm.
SPWR: Float of 17.03 million shares with 79.16% short according to finviz.
Hawaii is getting its largest solar-plus-storage project thanks to SunPower (NASDAQ: SPWR) and AES (NYSE: AES)Distributed Energy. SunPower will provide an Oasis system and E-Series solar panels for a 28 MW solar system, which will be accompanied by a 20 MW, 100 MW-hr energy storage system.
The combination is the largest on the island of Kauai and will bring its percentage of electricity provided by solar to 40%. Kauai has been one of the fastest to adopt solar energy because of its high electricity costs and remote location. If it can generate 100% of its electricity from renewable energy by using storage effectively, it could be a case study in how to design a renewable-energy-based grid.