PIRS

Pharmaceutical company that has reported loss however was lower then expectations so has spiked after hours. $2 is a clear support area and would be where id look to enter as I’ve seen these plays spike recently, however if it fails or has no strength it could be a potential short with the bad news.

PETX

Little pricey for my account however has good news on submission of its new animal drug. The news isn’t new however this could see another morning spike. The stock has support in the $4.80’s and if the volume is there in the morning I could see this filling yesterdays gap and hitting mid to high $5’s however will asses in the morning.

WATT

Was lazy and should of shorted this stock at $9.5 when I saw the news come out, however this stock is very pricey for my small account. The news is negative, effectively saying that their product is yet to be proven that it works. It has numerous support/resistance levels and dependent on pre market action I could see this stock crashing to the $7’s as its already seen it in after hours.

MTSL

Spiked beautifully this morning on news of vastly improved earnings from 2014 and a positive cashflow. The stock closed strong, only 15 cents off its highs. I’m not sure how this will play out tomorrow as its now a day old however I will look for price action and volume in the morning. It has resistance at around the $1.20’s however if strong and stays above $1.06ish, with the right volume I can see this running to $1.20 or even the $1.40s, however, if $1.06 level fails then we could see a nice short opportunity as the results are still negative.

SXE

Unsure if the news is positive or negative, however similar to MTSL it had a beautiful morning spike and it too has finished strong. Again I will look for news, price action and volume in the morning, Has support at $1.15 and if it breaks $1.3 convincingly I could see this quickly spiking to just under the $1.50 area, so a potential 15% gain here.

GBSN

Up on positive FDA approval and grant. If this could break $.22 with strength I would look to get in with the aim of $.30ish.