I hope everyone is having a great night so far. Today was roughly a $300 day for me day as I crossed $4,000 in profits on the year. The only position I’m holding overnight is my RPRX short from $2.87 last Wednesday. This morning started out kind of slow and then got really interesting in the afternoon as TLOG started going nuts. Today was such a busy day today and it should make for another busy day tomorrow so I hope you’re all prepared for it! Here’s what I’ll be watching tomorrow and if you have any questions on what I’m thinking during market hours, FOLLOW ME ON TWITTER! That’s where I post my thoughts and live updates regarding positions. Have a great rest of your night and DREAM BIG!

 

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#Hammertime

 

 

RPRX – This dropped 9%, which was beautiful considering there wasn’t much volume at all. There is some support at $2.51ish and then some more at $2.45ish and after that, look out below. I fully expect this to gap down and sell off into a panic where I’ll look to cover in the low $2’s. Right now I’m up roughly $180 and would love to make an additional $180 or so tomorrow or Wednesday, which I don’t see out of the question.

EBIO – I had a feeling this was going to drop today, I just didn’t know how much it would drop. After a failed bounce in the morning, this faded all day and then managed to find some support in the low $1’s. If this fails to really crack that support at $1ish, I may look to buy this into a short possible short squeeze. This can drop though another $0.25-$0.50 so I would definitely wait until it really shows signs of strength on level 2 and when big bidders show up, that may be a good time for a dip buy. This should be in play tomorrow morning for sure.

 

NEOT – Here’s one I called beautifully on my video lesson yesterday as it broke out above $1.20 in PM and spiked in the morning. I missed this because I was busy taking profits in CBYL this morning and liked the way TLOG was holding up better, which is why I didn’t buy this. This is up a little in after hours but I still don’t see a catalyst for this move. If it can hold above $1.25 in the morning, I can see this popping again…however I think this is going to be a better short if it can double top at $1.40.

 

TLOG – I nailed this one off my watch list and called it perfectly in my video lesson yesterday. Like NEOT, I missed the initial spike in the morning because I was focused on CBYL and RPRX. I did watch this and when I saw it fail the second time to breakout, it dropped but made a higher low at  $0.40. I tried to get in there but only a few shares got executed at that price before popping a little. I ended up getting in at $0.41 right before it broke out and ran to $0.60. I took profits at $0.52 making 27% in roughly 45 minutes. I had a plan going into the trade (all on twitter) and decided to get out when I hit my target I thought it could hit $0.60 but I was happy taking 25%+. It couldn’t quite hold $0.60 however and ended up dropping big into the close back to $0.49. This is a perfect example of why you take profits and not hope this is going to the moon every time.

 

MCUR – This was another big runner today that I didn’t trade since I used my day trade on TLOG today. I would’ve loved shorting this here at $2 where it got slammed back down after being up roughly 90% on the day and then closing just under 40%. This did bounce several times at $1.50ish so I’m curious to see if that holds tomorrow morning or if it cracks support and heads back down to $1. I would be careful looking to short this though because it can definitely squeeze up to $3 as it’s proven it can in the past.

 

OGXI – This broke out past multi-month resistance this morning and managed to find some support at $1 before making a second leg close to $1.20. It closed near it’s highs and looks like it’s flagging nicely for a possible gap up and run. There is some resistance in the $1.25 range so if it can breakout above there, I can see it really running for a 4^th straight day. Watch for any dip buys if possible and make sure the volume is heavier than today realistically.

 

LPTN – Not my main watch here but if this can stay above $0.32, it can really run $0.15 or so tomorrow which would be a monster. It really needs to pick up on volume and hold above $0.32 to really consider buying this. If it can hold $0.28 support, I may look to dip buy there if it shows strength. Has the potential to be a monster but I’m not as confident about this as I am the rest of my watch list.

 

 

 

Also on radar: AVXL, VLTC, AQXP, TGD