July 1 (Wednesday)
This StockWatch consists of a list of 9 companies that I believe have the potential to do well this week.
It is essential I make this clear: Not all these companies are going to go up nor are they likely to.
Rather, I dilineate that these companies have the potential to do well if and only if certain conditions occur.
StockTalk is not responsible for any loss or mistakes made by an investor. However StockTalk would love your feedback and help on how to better improve this.
The last of the stocks from yesterday, GLYC ended just .5% higher without crossing resistance.
GLYC is still in a period of consolidation and the level of support and resistance seems stronger. Watch out for a possible breakout.
The New Picks
Watchlist (For Wedndesday)
These are the new stocks to watch out for tomorrow and the following days.
FSLY seems to be showing an Ascendign Triangle with a possible breakout at the end.
If the uptrend at market close signifies the breakout then watch out for quick movement pre-market as well as opening hours.
HMAX seemed to be in an uptrend for the greater part of the day followed by a period of consolidation.
Given the volume spike and the uptrend it seems like a good bet to see a breakout in the next few days.
LULU has seen a lot of volume and growth in the past day.
Be on the watch for slower yet consistent growth over the week.
OPK has been on a very solid uptrend the entire day.
It may be advantageous to simply stay with the trend or to wait for pullback.
Tandem Diabetes had a great day on Tuesday going up 13%
However, I believe that the trend is not exahusted. The upswing at the end may be a sign of more growth yet to come.