XNPT - Earnings shows growth, not much, but I can trade this around the support at $4.50 and $4.38. Plan is to buy near $4.40's and sell around $4.31 if it breaks convincingly or $4.29. I will assess risk/reward and resistance when I join in on the action.

 

ALIM is a biotech company that has slow stochastics reaching 70. The volume is higher on rumors that the drug only needs CMS J code for FDA approval which is expected due on January 1. ALIM has also received word from FDA that they can use 6-months data to approve which shows support for the safety profile of their drug. Play on dip so that stop loss can be within reasonable margin and trade long bias with stop loss at $2.44 and the next support at $2.00. I can buy at $2.70 with .26 loss risk so roughly ~1500 shares planned near support.

 

FCSC is up more than 12% on trend reversal from what looks like $3.50 and $3.65 support. I may buy near $4.10 support and risk cutting losses when it breaks below $4 or buy near what looks like new support. .25 risk going in so I plan on averaging roughly 1600 shares, or if I assess .40 risk I'm shooting for 1000 shares. It is up on lower than average volume.

 

IDRA looks like a trend reversal from support around $2.80. Strong resistance at $3.90 so goal is to buy near $2.80 support and sell near $3.20 unless it breaks past $3.20 with volume and strength. Might be a choppy ways up but the slow stochastic just crossed above 20 and RSI is reversing upwards as well. 

 

PACB Friday short squeeze and Monday crash was predicted dead on. From here it can go either way. Just on watch list to look for continued volume and new support/resistance levels.

 

OOMA I was correct about trending price action, although with average volume the stock went up $.29 today or $.19 past $8.00 level. Next big resistance is $8.30 and $8.65 after that. I would consider this a buy if it retests $8.00 levels or consolidates with more volume.

 

FOLD still holding above my $7.10 stop loss as it dropped $.20 today consolidating and creating support near $7.30. I will see how it reacts to market open tomorrow, tighten my stop loss on my long position and close if it breaks below $7.15 ($7.20 support)

 

GLBL I am in at $8.17 and it has dropped $.14 with very little volume. There is still 80% short float on this company and today's price action didn't affect the direction much. It does look like support is consolidating at $8 so I am going to set my stop loss at $7.90 for tomorrow. I trade safer on speculative trades so I bought much less shares of GLBL to warrant peace of mind toward movement going closer towards support.

 

XON has been good swing trades for the last week. I have sold XON near intraday highs and bought where I thought was a intraday low. I will keep trading this until XON reaches above $40.