Watch List for the week of March 31, 2014
In addition to software design and development, I also trade stocks. To improve my own skills, I’m going to start dropping a list of stocks I’m watching and why I’m watching them here each week. While I’ll try to note any fundamental reasons I’m mentioning them, most of my trading is based of technical analysis of the underlying security. The discussion on this blog will focus on that.
I primarily focus on OTC penny stocks. There was a lot of action in this space last week, especially near the end of the week with a huge selloff on some of the marijuana related tickers. Many of the charts are in some sketchy territory as they rebound and attempt to resume their upward trends. Here’s some of what I’m looking for this week.
As a disclaimer, I don’t currently have any position in any of the tickers listed, but it’s safe to assume that I may initiate a long position in any of them at some...