HYRE & DCAR are the two sympathy plays to the upcoming LYFT IPO, HYRE I caught the bottom today @ $7 and sold for small profits - potential re-buy into bigger panic near 6.50 support, DCAR I'd love to see tap the mid 3's for a 10-20% bounce play - I'll also watch for sector news which could inspire additional sympathy plays.
TEUM, AVID, AGRX, CLNE, ATEC & ACB are the earnings winners I'm looking to dip buy if and when they align with multi-day/week support, AVID is my most likely play of the bunch as it has clear support @ $6, AGRX also has clear support @ 1.30 - the others I'm watching for sharp retraces.
ADXS, NDRA, RKDA, VVPR & CIFS are some recent movers I'm watching for signs of re-spiking, ideally with news/volume on sometime this week - especially RKDA, which is holding its gap-up level and is forming higher lows.
3 tips - only trade stocks for which you can;
A - clearly define risk predicated on prior support levels
B - objectively identify your profit/loss potential
C - expect a sizeable move based on a catalyst i.e. news/pattern/sector
any youtube vid link you can share in regards to "clear support" . thx
there's plenty of videos on YT explaining support/resistance, but here's what I consider support on $AVID - https://www.tradingview.com/x/ZgvxvwfR/
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