5/18/17 WL

7 DAY -FULL ACCESS- TRIAL AVAILABLE!
*Stay patient when Day-Trading! Take profits when present!*
Please USE EXTREME CAUTION when day trading and please have a plan at all times.  Market conditions are extremely volatile as the VIX spiked hard today with FEAR rising.  The markets have been up at all time highs for too long and a 10-15% market correction is LONG OVERDUE.  Please be careful with any cash in the markets right now and especially long term investments.  With uncertain times like these cash is the best position and $UVXY and other options are available to hedge positions and protect against losses.  Please do NOT force day trades as the penny stock small cap stocks have been terrible

· $UVXY
FLOAT= 3X ETN very high risk DAYTRADE ONLY 
AVG DAILY VOL= N/A
screenshot2017-05-17at64423pmpng
Very nice day today as the markets gapped down lower in the pre market and the VIX was already +8% at 6am today.  Massive volume came in today on UVXY as big money hedges their positions and protects downside by trading UVXY.  I believe that this will go to $20+ in the near term.  I am not sure about tomorrow if $20 will come tomorrow but FEAR is rising and the markets must consolidate.  Generally speaking anytime the VIX index is <$12 they say its great to buy it, it was 11.70 this morning before the massive spike.  Will be watching this tomorrow for a day trade and options plays.  Generally anytime a 3X ETN goes +30% or more the opposite 3X etn can see a 5% sympathy bounce the next morning and then if the trend is correct the move will continue for UVXY.  So to the upside,  WATCH FOR BREAK OF $16.20--> $18 PT, clear $18 can see $20
Mentioned several times today in chat especially for options CALLS which exploded for massive 150-200% gains intraday
others to watch: $SQQQ, $SVXY, $TVIX, $FAZ/$FAS, $LABU/$LABD, $UWT/$DWT, $JNUG/$JDST
· $GLYC

FLOAT= 14.6M  
AVG DAILY VOL=1.3M
screenshot2017-05-17at64224pmpng
This stock has made a huge move recently and now just had after hours news shooting it higher over $7.00;  I am very cautious here and on DEFENSE, this feels like $AKTX scam all over again.  Best to see, $7.00 hold as support.  Must re evaluate pre market.  Very small float so very risky and DAYTRADE ONLY.  To the upside,  
WATCH FOR BREAK OF $7.60-->$8 PT, clear $8 on big volume this can run to $9.00; under $6.75 AVOID as this will fall to $6.00 support

·$CYTR

FLOAT=118.09M  
AVG DAILY VOL=4.2M
screenshot2017-05-17at64713pmpng
This stock has been beaten up very badly after a strong move to the upside at the end of April.  News after hours sent it higher.  Re-evaluate pre market.  Anything under 0.50 support AVOID.   WATCH FOR BREAK OF $0.55--> $0.60 GAP FILL PT MUST HAVE VOLUME TOMORROW or this will not do anything.  MUST hold 0.50 SUPPORT level at all times

· $SNDX

FLOAT= 16.07M  
AVG DAILY VOL=90K
screenshot2017-05-17at65203pmpng
This stock was caught very early by SD in chat today at the open.  I should have alerted this in chat at $11.87 I had a buy order all set to go and I just could not pull the trigger as this seemed like just gambling at that point because of a 0.30c bid/ask spread.  So i missed the big move to the upside today and basically the day trade winner.  We also did call this out as a SHORT today at $15 and again re-short at $14 as it gave back most of the gains.  This had news after hours.  Re-evaluate premarket.  Small float and trades very volatile, use caution.  To the upside WATCH FOR BREAK OF $14.75-->$15-15.50 PT, anything over $15.50 and this will squeeze to $16.  Best to see $14.00 hold support, break that this falls to $13.50 big support, under $13.50 AVOID completely.

· $PULM
FLOAT=9.72M  
AVG DAILY VOL=154K
screenshot2017-05-17at65257pmpng
This stock had a nice move at the open today followed by midday news which popped the stock randomly.  Very small float and very high risk *DAYTRADE ONLY* if and ONLY IF the volume increases tomorrow this can go higher- to the upside WATCH FOR BREAK OF $3.00 -->$3.42 PT, clear 3.50 this can supernova to $4.00 and $4.59 

Possible "Proper Setup" WATCH CLOSELY Tickers

· $NVCR
· $NK - bounce watch CC tomorrow

· $SORL
· $PLSE
· $MNKD
· $NVCN
· $CBMG
· $MTBC

· $ADAP
· $SPWH 
· $WNDW
· $CRMD
· $CETX
· $NVAX
· $SGMO
· $GRVY
· $GSAT
· $CTRV
· $SVRA - SHORT watch


Swing Trade STRONG WATCH Tickers
· $TWLO
· $FOLD
· $ARCO
· $SPWR
· $WATT
· $PRCP
· $CYRX

· $ELGX
· $PANW
· $VSTM
· $WKHS
· $IMMU
· $JUNO
· $BIOC
· $SNCR  
· $ATRS
· $WEB
· $FLDM
· $CVO


team
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PT=PRICE TARGET   l   SMA=SIMPLE MOVING AVERAGE    l   RES=RESISTANCE   l   IMO=IN MY OPINION
VOL=VOLUME   l   DT=DAYTRADE   l   WATCH FOR BREAK=KEY PRICE LEVEL/PIVOT POINT