Possible plays on NIKL and LRW


These are my stocks watch list for this week from which I think has high probability set ups:

NIKL



For me, this has a high probability of filling the gaps if it manages to break through the resistances that I've drawn above. 

Possible entry price: current price 27.25 to 26.4 
Cut loss point: if price closed below 26.4
Percentage risk if entered at current price and cut loss at 26php: -4.58%
Percentage reward if price breaches through the current resistance (29.4 php): 7.88% 
If price continued to rally on the next resistance(32.6php): 19.63%
If price continued to rally to fill-in the gaps (47.5php): 74.31% 


LRW



Possible entry price: current price 4.63-4.56
Cut loss point: if price closed below 4.56
Percentage risk if entered at current price and cut loss at 4.03php: -12.95%
Percentage reward if price breaches through the current resistance (4.94php): 8.33% 
If price continued to rally on the next resistance(5.5php): 20.61%
If price continued to rally to form new ATH (6.93php): 51.97% 


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