Top 5 Stocks To Watch & Trade This Upcoming Week!

 GOOD EVENING EVERYONE!

This week has been a roller coaster ride to say the least. America's politics is a circus and deserves it's own reality show. Secondly S&P futures took a blow, and banks did not learn their lesson. Personally I was still in high school in the 2008 financial crisis, but if history is any indicator, the recent headlines are indicating that we are heading towards a recession.

Headlines that stand out to me:

     

    Below I will focus on my top five favorite setups for next week. It is important to understand how the overall market is doing, and what headlines are out there because news is what moves a stock. This is why I always stress to trade with a plan or you will easily lose money!

    Please trade with a plan! The market is very volatile, and no room here to fall in love with a ticker. It's survival of the fittest out here!

    "A penny stock refers to a small company's stock that typically trades for less than $5 per share. Although some penny stocks trade on large exchanges such as the New York Stock Exchange (NYSE), most penny stocks trade via over the counter (OTC) transactions. - Investopedia."

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      1. MoSys, Inc. ($MOSY) is a publicly traded fabless semiconductor company based in Santa Clara, California that sells solutions for data path connectivity, speed and intelligence while eliminating data access bottlenecks on line cards and systems scaling from 100G to multi-terabits per second.

      5D 30M Technical Analysis:

      Support: $2.10
      Upward potential: $0.25+ per share
      Risking: $0.05-0.15

      What I liked about this setup was the spike in volume on Friday. Definitely worth keeping your eyes on it next week!

      180D Technical Analysis:

      Worse case scenario would be that this continues on a bearish downtrend below $2.
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      2. Adamas Pharmaceuticals, Inc., ($ADMS) seeks to redefine the treatment experience for patients suffering from chronic neurological diseases.

      I originally found this ticker beat up on Thursday evening (10/3/19) & I shared it with our discord group.



      5D 30M Technical Analysis:


      Support:
      $4.00/.20
      Upward potential:
      $0.25+ per share
      Risking:
      $0.01-0.05

      The price action on Friday confirmed for us that the ticker was very undervalued & loaded with shorts. Current market conditions make swing trading very hard to predict. I started focusing on tickers I thought were very beat up, with potential of recovering the losses.

      180D 4H Technical Analysis:


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      3. Adamis ($ADMP) is a specialty biopharmaceutical company that provides high quality, lower-cost solutions for patients, physicians, and healthcare organizations in the multi-billion dollar therapeutic areas of respiratory disease and allergies. The Company’s first approved product, SYMJEPI (epinephrine) Injection is an epinephrine injection pre-filled syringe product for use in the emergency treatment of anaphylaxis.

      PDUFA filing October 31, 2019.

      5D 30M Technical Analysis:

      Support: $0.64
      Upward potential: $
      0.10+ per share
      Risking: $
      0.01-0.05

      180D Technical Analysis:

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      4. Genetic Technologies ($GENE) is a leader in the development of genetic technology. Our tests predict an individual’s risk of developing chronic disease.

      Also note $GENE had a 1 for 4 reverse split on 08/15/2019 & has history of getting massive volume on press releases. This ticker, in my opinion, is very undervalued.

      5D 30M Technical Analysis:



      Volume lacking lately, but keep on watch.
      Support: $1.84
      Upward potential: $0.20+ per share
      Risking: $0.10

      180D 4H Technical Analysis:


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      5. *DO NOT LAUGH!* Viveve, Inc. ($VIVE), the wholly owned subsidiary of Viveve Medical, Inc., is a women's intimate health company based in Englewood, Colorado. The company is focused on the commercialization of a revolutionary, non-surgical, non-ablative medical device that remodels collagen and restores vaginal tissue.

      $VIVE is another company who did a recent 1 for 100 reverse split on 09/19/2019. The stock is very beat up & worth keeping eyes on!

      5D 30M Technical Analysis:

      This ticker has history of moving with volume, keep on your WL!

      180D Technical Analysis:

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      Enjoy my content & work full-time? Want a community to LEARN & GROW? Join the discord here. I will always try my best to answer questions.


      DISCLAIMER: Please note that I do not ask for any information. I always encourage people to trade ONLY what you understand and never based on anyone's opinion. My posts are for educational purposes only. The stock market is known to make people bag holders, get a head of the whales and always do your DUE DILIGENCE!

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