WL 10/24/16

Pumped Up Kicks

Seems there is a lot of users trying to pump up low float stocks, so they received their own tab on the WL. The 2 main notables are KONE and KOOL. These two have had the most chatter over the weekend.

CVM- Up 16% on Friday for beginning a response to the FDA after dropping from the .40s late september. This ticker has a nice looking chart if it can receive some buy volume. Broke .24 pivot and held above it, so we are looking for it to move above .25 and test .264 pivot. if that breaks a good PT is .28.

TRCH- broke upward from .70s to test .93 pivot. Did not break it but closed very strong and held well above .85 pivot. Buy volume to push this above .93 would be a very bullish signal, with a $1.05 PT.

AKS- Steel play moving on chatter that steel prices have bottomed. Has ER on 10-25 PM so may continue hype upward from current price. Needs to break above $5.25 pivot for continuation upward. $5.50 is next pivot then $6 psychological resistance. PT $5.70

QTM (Swing)- Excellent 3 month chart, was called out in chat at .81 and proceeded to move higher. Has ER after market on 10-26 so could hype up before then. Preliminary report shows ER as a beat, and only concern on the table with this Co was to secure financing for 2017, which they did on 10-21. Strong bullish technical signals on the break of .80. $0.95 is next pivot, then $1.00 psychological resistance. Followed by $1.05 strong historical pivot. If $1.05 breaks with volume then this can have strong upward movement. If $1.05 fails to break then stop loss will be set at $0.99. PT $1.20