$PLUG- Float 178.5mil. Heavy float however held trend line all day into the close. Resistance @1.25. There is great potential toward 1.50-2 dollar area. Catalyst: Plug Power Ships First Production Progen Engines for Electric Vehicle Range Extenders.
$IMMU- Float: 99.5m. On another hand we have $IMMU. Looks like potential short. Support on 5.15 with the goal to cover bellow 5. Next level of support will be @4.55. Catalyst:Immunomedics Enters Agreement With Seattle Genetics for Exclusive Rights to Commercialize Sacituzumab Govitecan, Immunomedic to Receive $250M Upfront, Sell $15M of Stock to Seattle Genetics.
$LTBR- Float 3.9mil. Low floater, forming U shape pattern on the daily chart. Have great potential, but definitely needs more volume. Will look for a break of 1.13 toward 1.50 area.
$ACUR and $CERU were spiking ether right before close or in the after hours. Both of them known to make big moves. So I will keep an eye on them for potential longs. Be mindful that $ACUR its a pump to stay on the NASDAQ.
If anything, PLUG is the one that should be shorted. IMMU broke a multi year resistance.
Thanks for your opinion! Reason why I look at the short: 1) pulled back bellow muli year resist. 2) intraday chart is weak.
Agreed
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