TOP WATCHES:

MGT, this fast mover is still going but the fast crack yesterday is an indicator that a reversal is coming, will be looking to short this today or tomorrow based on price action. ugh as i type this I just went long this am as it took out 5, just like it took out 3.29 the day before, this could see 7s today with further squeezing,(small position due to how late it is in this play.) I hate going long this late in a run up, but you have to respect the price action and give yourself the opportunity when it presents itself, that is the lesson on this play.

 

SYNC, now it broke key support in the low 3s, a potential short this am into a low 3s retest

 

 

 

OTHER SETUPS:

MITK, on watch for consolidation in the low 9s, potential long

RPRX holding some May 20th$2 Puts, looking for this to roll over sub 2s

 

EARNINGS WINNERs / CONTRACT WINNERS....I'm watching for potential dip buys:

 

5/2 GNW  earnings winner

 

5/3 AXTI, earnings winner

 

5/3 RSYS earnings winner

 

5/4 SYNC contract winner

 

5/4 LGCY earnings winner

 

5/4 ZNGA earnings winner

 

5/4 WTW earnings winner

 

5/5 FCEL contract winner

 

5/9 CRNT earnings winner

 

5/10 CROX, SYNC, FUEL, BIOS earnings winners

 

5/17 TISA, earnings winner