Watch list for 10/3/17

 

$ECYT this ticker is up parabolic 216% with intraday and a/h combined, the levels 3.7 is a key level which is prev close, 4.19 is low in a/h but not really too key. There was good news regarding getting a license for Phase 3 development, given the last couple trading days with $CAPR and $HMNY traders really gave this ticker momentum. 30M float it had a full rotation today, They have 3M more liabilities than assets but are making money. There is a medium probability of a FRDGR and a low to mid probability of a FRDEGD so I will be watching this PM and be ready to react to my set-up if it comes today. Could still squeeze a couple more days. There are shares to short.

 

$CATB this ticker closed out just under the month old resistance point at 2.76, there is a strong res point at 2.61 where VWAP is, if gaps below level look to short into a spike to R/G in red for a FRDEGD. If squeezes up watch cautiously until it goes back red. Mid to high probability set-up but since momentum Is hot on long side it could keep going for a day2 run. 15M float.

 

$RIGL ticker ended up squeezing up above its B/O level at 3.0 closed up 31% at 3.35 on decent catalyst. Higher float ticker traded 12M shares is short able if gaps below 3.24 longs will be underwater but that support is a tough support to crack. Will observe PM action.

 

$CAPR ticker closed up 18% after getting slammed down from its highs, this looks more like a FRDGR short as it'll try to test its highs and get hit back down, mid probability but 11M float so will have to observe & be careful. High probability of morning spike.

 

 

$ATEC ticker closed the day up 41% strong on 1.4M shares. They switched around their board and changed the CEO, ticker is 6M float but looks to be gapping down already, in a/h .02 cents. Will observe this into tomorrow, on the lower volume side may not trade.