What’s up profit.ly?! I hope everyone had a great weekend. I’m happy with the way I started out 2016, how about you? I’ll take being in the green on the worst start of a year in a half decade all day. I sold my position in UNIS Friday morning for a small profit as it failed to spike and focused my attention to ATHX as it had good news PM and gapped up 30%+. As it held nicely at $1.19 and then $1.25 I got in at $1.26 and sold for a 15% gain at $1.46. I still think this is a potential buy if it holds support at $1.25 Monday but who knows what will happen in this market. I’ll be watching closely in the morning. Here’s what else I’ll be watching tomorrow. Good luck and enjoy the rest of your Sunday night.

 

 

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ATHX – After closing my UNIS position in the morning, I watched ATHX as is it got up to 1.39 premarket and then dropped but managed to hold support at 1.19 and 1.25 throughout the day. I tried to get in at 1.25 and got executed at 1.26 before it spiked to 1.49. I got my sell order in at 1.46 and made 15% in roughly an hour. It ended up fading back down to 1.25 but held support so I’ll look to possibly rebuy Monday morning if it holds.

 

UNIS – After failing to spike in the morning, I sold for a small profit before fading the rest of the day. I’ll wait now to see if we get a deal with AMGN before the 31^st before re-entering.

 

LEI – This faded all day until late afternoon and then spiked into close to close even for the day. I’m assuming short were taking profits prior to the weekend. I don’t blame them.

 

EKSO and HEAR– Both are still holding nicely at long-term support and I can see these bouncing nicely in the next few weeks. If we get some sort of catalyst these things have a lot of upside with little downside. Keep an eye out. I’m watching EKSO more closely as the volume is starting to pick up and we saw a little bit of a pop after 2 weeks of red. I’ll wait for a catalyst.

 

HMY – After gapping up 4 straight days we finally saw this gap down and then fade most of the day until close. Gold is hot and this has a nice bullish chart so I will watch this closely over the next few weeks.

 

INVT – It looks like this will continue to fade over the next week. After spiking to nearly $3, its come back down to earth and I would look for a failed spike Monday and then crack the 1.74-1.73 support. There may be about .50 of downside so it’s worth a watch.