Swing Trade Watchlist 9/22/17 $CYCC

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Stock Watchlist – Just 1 Good Stock!

$CYCC This is my favorite continuation pattern for the coming week or so. It is always hard to tell at this point in the daily chart if it will continue upwards or flag and consolidate. The price target on $CYCC is clear – no resistance until $3.5 per share. These patterns can be VERY profitable, for example check out the recent moves on $CAPR and $NLNK. $CYCC has everything that I love in a stock: a low float, solid science and some nice short squeezing. There is a short term catalyst event (conference presentation) next week (Tuesday). My bet is that this runs upwards soon!

swing trading stocks

That is all I have on watch today – I am moving to Florida this coming week so I have been busy packing etc. I am holding $CDNA and $EARS. I took a little profit on $CDNA yesterday when it spiked to $3.30 which turned out to be a good move as it retraced the rest of the day back to lows. I am still watching it carefully though and I still have a half position in case it finally breaks out!

Good luck if you decide to trade $CYCC ! Please share this idea on social media! Have a great weekend and happy trading!

Thanks,

Wesley

 


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