🌟🌟 Good morning Team and Happy Tuesday 🌟🌟
Welcome back to the BEST Trading Chatroom in the WORLD 😎 I hope you all had an awesome evening and that you are ready to rock and roll on this beautiful Tuesday!
Today marks the start of a brand new day and a brand new month full of brand new opportunities! We started off 2022 STRONG and saw some amazing profits inside of chat for the month of January. Keep up the amazing work and carry that great momentum over into February team.
Get 🔥 FIRED 🔥up team because we are hitting it hard today.
STOCKS WITH NEWS
Stock futures dip after S&P 500 wraps up worst month since March 2020 https://www.cnbc.com/2022/01/31/stock-market-futures-open-to-close-news.html
$MNOV MediciNova Receives a New Patent Covering MN-001 for the Treatment of Hypertriglyceridemia, Hypercholesterolemia, and Hyperlipoproteinemia in Korea https://newsfilter.io/a/39a41629a5e82ca9f6b202222f2840ab
$VIRX Viracta Therapeutics Announces First Patient Dosed in Phase 1b/2 Trial of Nana-val in Patients with Advanced Epstein-Barr Virus-Positive Solid Tumors https://newsfilter.io/a/af98ab15cc3ad11d2ceaedf7c7b32109
$WBX Uber and Wallbox to Expand Partnership to All of The U.S. https://newsfilter.io/a/00b327fe536e5cf0a92dccde3ca30ac2
$AMC AMC Entertainment Holdings, Inc. Previews Fourth Quarter 2021 Preliminary Results https://newsfilter.io/a/982a01a99b56f2bef017f2edccbe5953
$PLTR – Palantir Technologies (PLTR) on Tuesday agreed to a new five-year partnership with Satellogic (SATL) to build on existing technology collaboration in satellite imaging, edge artificial intelligence and data-driven decisions.
$OBSV – ObsEva Appoints Katja Buhrer as Chief Strategy Officer
$UPS smashes earnings and guidance is even better
My top stocks for the day:
$SDC – We are forming a nice Moving Average Squeeze on the daily chart and are showing potential for a move to $3 today or tomorrow. I am looking for this stock to hold above $2.60 and plan on taking this long to $3.00. If we break over $3, we have room to $3.21 then $3.90.
$KSCP – We are inside of a multi-day channel at this time. Bottom channel support is $17.11 with top channel resistance at $27.50. I am looking to simply trade this between these two levels until a level is broken. If we break above top channel resistance I will look to take this long to $30.00.
$DWAC is on HIGH WATCH for me. This stock is setting up for a STRONG move on the daily chart. As long as we continue to hold above the 13SMA we can start to see volume move back in for the next leg up. We have room to $91 then $100.00
$LOW and $HD both are forming bearish flags on the daily. I have both of these stocks on HIGH WATCH for today. I am looking for bearish confirmation to enter a short!
PRE MARKET GAPPERS
PRIOR DAY TOP GAINERS
Earnings this Week