Stock Ideas for the Week of 10/03/16 to 10/07/16 - THURSDAY'S UPDATE

NOTES:
Charts below update daily with the most recent market prices.
"Scan" just means a stock idea. Comes from me 'scanning' through hundreds of charts to find opportunities.
When introducing new terminology I will try and link the word to an Investopedia article about the term.

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VIEW LAST WEEK'S TRADE IDEAS HERE

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UPDATES THURSDAY - 10/06/2016:
Gold continues to get crushed while oil hit over $50/barrel for the first time in months.
We are on the edge of a big move in the markets I believe... the question is: which way will we go? Below is the S&P 500 ETF, as you can see, for almost three months it looks like we have been forming a bearish diamond pattern. This means, if technical analysis is correct, tomorrow will be a bad day in the market and we will start to see a downward trend. The monthly national non-farm payroll and unemployment data comes out tomorrow morning and typically what happens is a very green day for the markets. So, it is really a toss up, no one knows which way the market will turn after tomorrow, but I'm excited to see where it goes!

Working trades:
ADHD -4% - big red candle today. Think our push is over. Taking this off watch
AKAO -.5% - haven't got my hold over $5 yet, but still looking okay
AGTC -1% - still above $10. I like this as long as it continues to hold over $10
DGLY +0% - still waiting for the breakout to confirm my trade plan

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UPDATES WEDNESDAY - 10/05/2016:
Really wish I had more patience... here are updates on two of my trade ideas from two weeks ago.
CRIS - mentioned this at $2.02, as of today it hit $3.06. Huge.
SCYX - mentioned the idea at $3.25 and today it hit $6.20+ in extended hours trading. That is nearly a doubler.

Working trades:
ADHD +2.5% - still going slowly
AKAO -.5% - keeps hitting good highs then falling back below $5, I would be more careful with this trade now.
AGTC +2% - held over $10, excited for tomorrow :)
DGLY +.5% - still waiting for the breakout to confirm my trade plan

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UPDATES TUESDAY - 10/04/2016:
Markets were all over the place today. Indexes down, FANG up, US dollar up, gold WAY down, silver down, oil up. Lots of weird movement continuing every day. Another big pot day in the OTC markets. Nearly everything was up 5-50% and OWCP doubled today! I sold my CANN and GRNH shares for super awesome profits, they could keep going but I wanted to take gains and work on something else, also because I don't have any patience. New idea added below:

Added trades:

DGLY (Digital Ally)
Stock price when posted: $5.74
"Digital Ally, Inc. produces digital video imaging and storage products for use in law enforcement, security, and commercial applications in the United States and internationally." - Yahoo Finance

I only REALLY like this idea if it can break over $6.25, however I think there is a better risk v reward opportunity now. Shillary Clinton plans to federally fund police body cameras if she is elected (I think Trump mentioned something as well, unsure about that) and seeing as how DGLY makes body cameras for PD's, it can go pretty nuts off of some catalyst like this. This may be a longer term short-term trade (few days to a couple months).

Trade plan:
+ buy around $5.70, stop loss at $5.59 maybe a little lower
- sell some shares at $6.20 to take off risk
- sell some more shares from $6.50-7 to take off more risk
- if you have the patience, hold until the trade stops working

Risk -2%
Reward 8%+

Working trades:
ADHD +2% - working slowly
AKAO +0% - flat today. Need to see a break and hold over $5 or I would take this off list
AGTC -.5% - I want to see this hold over $10. If that happens I believe we will see $11 pretty quick

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UPDATES MONDAY - 10/03/2016:
Sweet day for those of you holding a few of the biotech stocks from a couple weeks back (ie. SCYX, CRIS), also FH had a great breakout. New mid-term trade idea coming most likely tomorrow on something I think has great potential! This week is pot week it looks like. From my mentions yesterday of all of the marijuana stocks I would be watching, their day today looked like this:
AMMJ +24%
OWCP +43% - got up to 70%+ at one point today
NGBL +22%
CGRW +12%
TRTC +5%
CANN +29%
CBIS +20%
CNAB +46%
GRNH +27%
SGBY +28%
CBDS +11%
I personally got ahold of some CANN and GRNH shares pretty early in the day and am going to hold until they stop working! Great gains today. Once again, these are super risky and trade on the OTC/Pink Sheet markets, so only use money you can afford to lose!

Working trades:
ADHD +5% - great first day of the trade idea, think we see continuation this week
AKAO +3.5% - right up to $5 target, would like to see it push to its resistance uptrend at $5.50 soon
FH +14% - OF COURSE, the day I take this off my watch list is the day it breaks out exactly according to my plan last week. But I guess being early is the same as being wrong. Same trade plan as before
SCYX +17% - this got an Analyst upgrade today that shot it higher. Up 40% since trade idea
CRIS +3% - still pushing, up 30% since idea
AGTC +3% - hit $10.20 today from my idea last week at $8.96. That's +14% in just a week! Think it keeps going, so keep it 'til it stops working!

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PLAN FOR THIS WEEK
Last week was all about oil! All the oil stocks were all running, but especially BAS. Hope last week's ideas helped some of you out! This week looks like it might be oil continuation and/or the beginning of some marijuana stock breakouts. I'll keep an eye out for these and you may see some new ideas mid-week. For those interested in marijuana penny stocks to trade, although I do not recommend trading them without prior experience, here is a good list:
AMMJ, OWCP, FTPM, NGBL, CGRW, MNTR, TRTC, SRNA, CANN, CBIS, AERO, CNAB, GRNH, SGBY, CBDS
CRIS, AGTC, BAS, and some others are still working well. Be careful again, the market is whipping up and down quickly, very volatile, so if you make money on a trade don't be afraid to take profits! I don't have much new to look out for just yet, many trades are shaping up but not quite there. Check last week's trades for working ideas and check back daily for new ideas.

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ADHD (Alcobroa Ltd.)
Stock price when posted: $2.47
"Alcobra Ltd., a biopharmaceutical company, focuses on the development and commercialization of oral drug candidates." - Yahoo Finance
Trade plan:
+ Buy on a break and hold over $2.50, stop loss at $2.30
- $3 is my target for this within a couple of days, so I would be happy selling there

Risk -8%
Reward 20%

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AKAO (Achaogen Holdings, Inc.)
Stock price when posted: $4.79
"Achaogen, Inc., a clinical-stage biopharmaceutical company, discovers, develops, and commercializes antibacterials to treat multi-drug resistant (MDR) gram-negative infections in the United States." - Yahoo Finance

Nice breakout on Friday. This may be couple week long trade to actually pan out, could be sooner though.

Trade plan:
+ Buy between $4.60 and $4.75, stop out at $4.50
- Sell some shares at $5, keep rest to sell on way up to $5.50

Risk -5%
Reward 5% to 15%