Below are the stocks I am keeping an eye on entries for this week:
XXII - Entry: $1.85-$1.90
XXII has recently seen a drop down below its support level. With the stock being oversold an already seeing enough momentum for the reversal I believe this will continue. There will likely be some resistance at previous support level of $2.09.
Price Target: $1.94-$2.09
RAD - Entry: $0.69-$0.71
RAD is oversold on the daily chart and it has just bounced off its support level with a good reversal occurring.
Price Target: $0.72-$0.74
UEC - Entry: $1.21
UEC has been trading a fairly nice channel as of late. Has built a nice support level at $1.21 and has resistance at around $1.31. This should be a nice range to enter in and snag about 5%-8% this week.
Price Target: $1.31
TOO - Entry: $1.07-$1.10
I think we are getting pretty close to a reversal on TOO. Last four candlesticks have been Doji, Spinning top, Doji, Doji. Stock has also consistently rode the bottom Bollinger Band and bounced off it. +DI Line starting a tiny trend up as well.
Price Target: $1.17
TANH - Entry: $1.55-$1.58
Saved the most interesting and potentially riskiest trade for last. This stock as you can see from the chart below makes some big swings almost daily. I am pretty sure this will hit a price target fairly easily this week. This stock is risky though for two reasons. The first daily volume is pretty light so I wouldn't go in deep on this trade. Also with its big swings daily, if support breaks it could have a swift fall to the down side. Have a tight stop loss on this one.
Price Target: $1.65
Let me know what you think of these setups and if you jump into any of these trades! If you want to get this weekly watchlist emailed to you every Sunday you can add your email address to the mailing list here: https://stocktalkcentral.com/watchlist/