STOCKS IN THIS WATCHLIST ARE GENERALLY GEARED TOWARDS SWING TRADING BUT CAN ALSO BE USED FOR DAY OR LONG TRADES. STOCKS ARE EITHER TRENDING TOWARDS A BULLISH TECHNICAL CHART OR CURRENTLY IN ONE. ANY TECHNICAL ANALYSIS IS PROVIDED IN THE ACCOMPANYING CHARTS. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE INVESTING IN THESE STOCKS. (The Shares Float is based on figures from FinViz.Com or wsj.com).
Stocks highlighted in this watchlist include: $HMNY, $CBIO , $MNKD
HMNY: Float of 4.85 million shares with 37% short. HMNY is just beginning to turn around in its TA but the key for HMNY is its float of 4.85 million shares with almost 37% short. That means when the price starts rising, it will likely go up very fast just like it did in early October.
MoviePass Could Hit 1 Million Users This Year. MoviePass announced Thursday a new one-year promotions subscription service. According to one Wall Street analyst, Helios and Matheson Analytics Inc will ride the MoviePass wave to a higher share price in the coming year. Maxim Group analyst Brian Kinstlinger has a Buy rating and a $25 price target for Helios stock
CBIO: Float of 3.62 million shares with 11.91% short. CBIO had a big volume days on Friday in relation to its EMA(20) volume and the momentum is also bullish at this particular point. The last big spike in price for CBIO was in late March.
CBIO released in earnings on November 13th. The % revenue growth YOY was 192% while the Earnings growth YOY was (21.42%). The earnings decline was largely a result of non-operational activity.
MNKD: Float of 90.79 million shares with 33.45% short. Once this begin to up up, it will move quickly due to it massive short interest.
The Motley Fool just conducted an interview with MNKD's CEO on Sunday. This could provide the needed catalyst for the next spike in price.