While it was great to feel “normal” again with all of the 4th of July events, it’s always good to be back in front of my screens with the markets open.

And when it comes to trading…nothing is more standard than a watchlist.

No matter what is happening, I’ve always got my eye on something.

So today I’m going to share some of the stocks I’m watching right now…and why.

BSQUARE Corporation (BSQR)

BSQUARE Corporation (BSQR), with a tagline on their website as follows: “Powering the next generation of connected devices with system software and operations,” BSQR helps partners and customers build IoT (internet of things) and embedded systems and devices.

They operate mainly through selling IoT software and licenses and helping customers design, deploy, and operate intelligent devices and systems…so they pretty much cover it all when it comes to IoT.

On June 30, the company filed a statement of preliminary earnings estimating revenue of $10.3 – $10.6M for the quarter ending June 30…as compared to revenues of $10M in quarter 1…but no insight into the actual EPS.

BSQR jumped to a high of $8.20 on June 29, after popping out of a consolidation range with a gap up to start the day.

The stock quickly fell back to the gap at $4, which it held on Friday’s close.

However… The stock gapped up this morning, starting the day over 30% higher than Friday’s close.

And since then BSQR has been picking up steam up over 80% at the moment.

At this point, the stock is nearing the previous chart high of $8.20.

I’ll be watching resistance at $8 to see if it can make another move higher…overhead resistance above $8.20 will be in the $9 – $12 range with previous highs of $9.15 and $11.83.

I will also be watching the VWAP (pink line in the intraday chart below) as I would like to see the stock hold that line on any pullbacks as a show strength.

Advaxis Inc. (ADXS)

Advaxis (ADXS) shares were trading higher after the company agreed to be purchased by peer biotech Biosight for stock.

It’s basically a merger situation with the new combined company being renamed Biosight Therapeutics and trading under the symbol BSTX.

That said the new shares will be allocated as follows…25% to ADXS shareholders and 75% to Biosight shareholders.

So in the end the shares currently trading under ADXS will only be 25% of the new company. 

From a technical standpoint, the stock was up over 40% this morning nearing the previous chart high of .76.

The next chart highs from there are between .825 and .96.

Since then however, ADXS has been looking weak, falling below the VWAP on the intra day chart below (pink line).

I’ll be watching to see if it can regain the VWAP line or if it breaks below the low of the day at .57.

Cuentas, Inc. (CUEN)

Cuentas, Inc. (CUEN) is a FinTech e-banking and e-commerce service provider with proprietary technology aimed at providing solutions for the underbanked Hispanic and Latino population.

In partnership with WaveMax (WiFi-5G sharing company) and Execon (WiFi infrastructure management), Cuentas (CUEN) signed a contract to rollout “SharedFi” in 170 test locations in the New York City-Tristate area.

If successful, the parties plan to leverage the idea with 1,000 additional “Bodega Stores” providing enhanced customer experience with high speed internet and location specific advertising while connected at the site.

After a big move up on June 30, CUEN fell back to the 200 day moving average and held there.

This morning it gapped up but is currently trading down from the gap, while still above Friday’s close.

I’ll be watching to see if it continues to hold above the low at 5.46 and 200 day at 5.21. If it can turn back up, after resistance at today’s high of 7.75, the previous chart high is 9.25.

If it breaks the lows, all bets are off.

Those are just a few of the stocks I’ve got my eye on right now. The list will continue to change based on how each stock trades around support and resistance levels, among other technical indicators.

But whether I take a trade or not, there’s always something to learn by paying attention to the way these stocks react to key levels and news releases…and that’s where the lessons are at.