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Evening Stock Watch-List: June 11, 2019

Stock Market Watch-List: June 11, 2019

June 11, 2019

Hello there! Below is your edition of this evening’s watch-list. We hope you have a great trading day tomorrow! 

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Futures At A Glance


+45 (.17%)

+5 (.17%)

+22 (.29%)

-15 (.19%)

+6 (.045%)


Coupa Software Inc ($COUP) is cloud based software that connects supliers globally. The company is up almost 100% this year, and it has gotten the majority of its over extension in just the last 5 trading days. The overbought levels are getting very worrisome and todays candle confirmed the beautiful bearish reversal candle on the daily. My price target on this short is sub $100 if i’m being aggressive. Under that $100 level this should really spill out into the low 90’s and maybe even the 80’s. But to be more conservative i’ll be locking in at least half profits around $105 area.


Urban One, Inc ($UONE) is a Radio Broadcasting company in the Services sector. This stock made a “modest” +50% gain today compared to some other parabolic penny stocks (see $NBY and $PRVB) on news of aquiring WDMK-FM Detriot for $13.5 million. This is a positive news catalyst for the company, and the momentum should definitely carry into tomorrow. I plan to day trade this over the $3.30 natural resistance level for the technical breakout!

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– George S. Patton

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