$TRXC $2.62 after-hours spike from $1.46. Above VWAP

FDA approval set this stock moving (after-hours) and it had been climbing smoothly since August nearly 100%. Insider buying with all these other indicators looks strong.  I expect the stock to sell off as there are many bag holders from April of last years drop from $5.00 to $2.00.  Support around $2.20 and Resistance around $3.00. I will enter around $2.25 if it does drop and/or enter around $2.75 if it does not drop looking to ride it up to resistance at $3.00.  I am waiting until 9:35 before I take the shot if the target is available.  

$CLNT $5.80 Above VWAP

If the stock moves above resistance at $6.00 I will take the shot, and ride the breakout to Resistance before $7.00 great risk to reward if we get the breakout.  

$MTBC $3.29

This is a strong stock with good story and the are releasing good news.  Support at $3.25 and resistance at $3.84. Consolidating and up trending nicely.  This is a good long candidate, with the caveat of cutting losses quickly and having my predetermined amount of pain pre meditated before the trade.  My answer is always 4.4% 

$CPST $1.02

Good story and good news of Analyst upgrade, debt reduction, and good performance throughout the hurricane disasters thus far has already spiked this one nearly 100%.  I see more on the way.  Support at $1.02 and resistance at $1.11 Volume looks good as well and I think it will plow through that resistance.  Long

 

Safe trading

#stayfocusedhumbleandhungry