Hope everyone had a great day! Today was a $140 day for me today thanks to SZYM where I caught the morning spike. Straight from my watch list yesterday which pumps me up. I’m also still holding my swing in ATHX overnight. I’m hoping this will finally breakout above the double top and move up towards $3. CPXX was a monster today and now they have an investor and positive Phase 3 results. There’s so much to watch tomorrow but here’s what I’ll be watching the closest.

 

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ATHX – Still holding my swing here from $2.20 back on Friday. It’s held support nicely even as the volume fades. It has failed to breakout above $2.38 several times since yesterday morning unfortunately and hopefully it can make that push through tomorrow. We got to $2.44 in AH but that was on 1 trade so I’d like to see if we can really breakout and start moving towards $3. If it fails again tomorrow, I may look to move on to greener pastures.

 

SZYM – This was beautiful this morning as it found support at $2.50 in the morning and then shot up to nearly $3.20 in a few minutes. I got in right away at $2.50 and sold at $2.85. I left some here on the table however I took the meat of the move and was happy with my profit. Remember to take profits because had I held for 30 minutes, I would have been back to breakeven. These spikes can happen quickly and you need to not chase them once they start spiking unless they seem to find some support and continuation. Now there seems to be some support at $2.20 and I’d like to see if it can bounce off that level back up to the $2.60-$2.70 area. I’ll hold off for the first 5-10 minutes to see how it acts in the morning.

 

CPXX – After spiking huge in AH yesterday and then dropping big in PM and into the open today, this made a nice little rally into the close and AH again. Now the company has Point72 taking out an 8.3% stake in it and a positive Phase 3 results. This definitely has the potential to keep going but the question is how much? Is this the next AQXP? Lets see how many gurus try to hammer this down. Seems to now have some support at $8.65ish and if it can bounce back up and breakout past the highs of today, look out. There is also support at $7.25ish so that would be ideal for a large dip in the morning and bounce off that level. Tomorrow is going to be fun!!

 

 

 

Also on the radar: PBMD, VCEL, AVXL, CIE, NXTD