Good Monday traders!
I'm looking at some breakout plays and dip buys today.
Firstly, MVIS looks like a potential breakout even if the long term chart isn't great, so really I'd need to see a lot of volume for a breakout confirmation and buying in off the weakness. AVEO and VSTM are both plays that are nearing multi year highs, both of them possible buys if my criteria about buying these types of plays are filled.
HOMR is my overextended play that is a potential buy off a big panic, hopefully within the next week. Biotech plays look strong at the moment, but they're sometimes dangerous. The plan is to take singles and manage risk appropriately.
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