$CALA momentum play biotech. No idea what short float is since I don't have acess to that kind of data, but after that big drop and a huge sell off, I'd wager some peoples is short on some shares. the drop has been consecutive for 5 days and is now hitting support. Seems to look like a good place for the majority of short sellers to cover. Also seems to look like a good place for swing traders to get in since stock bounces a few bucks after consecutive lows.
ENTRY: 2000 SHARES AT $15.60 TARGET PRICE: $17.70
$MRAM touching support. I dont know if next bounce will be higher than first since overall chart seems to be losing momentum, but I know support will be a good place for shorts to cover and longs to get in in next day or two. If does not bounce in 3 days and holds support will get out for a loss. at $20 of 37 cents a share.
ENTRY: 6000 SHARES AT $20.37 TARGET PRICE: $22.73
$AEZS held support of $2.86 near close so i put in an order there. Risky as hell looking back on it and not one of my better ideas. I do not plan to hold onto this very long, even though speculative plays can run if enough traders take profits at once the stock will plummet. Looking to get out first thing in the morning as thankfully I am already up. I believe the fact that it held support woulda made some traders more likely to enter and shorts more likely to exit boosting up price in after hours. Whether this runs or not I don't want to rise losing profits so I'm out at the open, or a little bit after if theres a spike like today, which I may hold a minute or so for a spike (probably not). Will look to see if support holds for rest of day and if technical looks good.
ENTRY: 10000 SHARES AT $2.82 TARGET PRICE: (was going to sell when it retested $3.14 but it's a bit too late for that now. Not going to chase for more.)
$CAPR held support and now consolidating at resistance, looking for a retest of highs, if not will get out at small loss.
ENTRY: 15000 SHARES AT $1.26 CUT LOSSES: $1.20 TARGET PRICE $1.40 R/R 3:1
Also been watching $OMVS and $GAHC on the otc for swings. missed $GAHC entry point, perfect chart, fml on that, but there are others. made a bit on $OMVS but sold about 9 cents too early. No sweat, take profits and learn to exit when chart tells you. $OMVS clearly had the room to run, I just didn't listen to it.
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