4 Stocks to Watch Tomorrow
Let's look at three stocks that can go tomorrow. By continuing to read, you agree to the disclaimer at www.aditdayal.wix.com/disclaimer.
Last weeks post was insanely successful. Both stock pics, SBIG 0.00%↑ which ran +70% today and FAZE 0.00%↑ which ran +58% today were listed big on last weeks article. You can check that article out below:
So now let’s take a look at another three stocks I am watching for tomorrow.
1. Long FAZE 0.00%↑ for a short squeeze. This dip today looks great after seeing the action this morning. I bought some call options because my price target here on this stock is 22. Why do I think this still has over 100% upside? I’ve listed much of the data below. The chart is amazing, there is still 120% of the float listed as short, almost 400% cost to borrow now, and call flow. You know how this goes: stock with 100%+ short interest starts getting volume → cost to borrow rises → options block trades start being placed → big squeeze.
Chart above.
Institutional options flow above.
2. Short W 0.00%↑. Chart is great here, under 44 this slides down to low thirties, especially with the MACD crossing down and the insane selling pressure here. This level is of strong support, so if we get a 15 minute trap candle there I would not be afraid to go long, especially as we saw call flow.
3. Long VZIO 0.00%↑ . Nice base to breakout formation here with HUGE volume here today which can see continuation tomorrow. Nice call flow as well on OTM options so I would continue to watch this for a trade tomorrow.
4. Long BHAT 0.00%↑ . This is one of those forgotten short squeeze names here that can go when nobody expects it. The basic formation of higher highs is showing accumulation to me and I think this can be another great trade. 40% short interest according to MarketWatch. Second on Fintel’s short squeeze list still.
Also, before I go, our COIN 0.00%↑ short is going great with with it down to $56 from our $75 entry. Flow is way more bearish now. Before the crowd once again!
Thanks for reading!