October 24, 2016

1. Qs: BBPPQ, BBEPQ (long at .50 risk off .48), BTUUQ (still may have room to run; at least up to $12-13 range)

2. Low Float Supernovas From The Summer: HMNY, LEDS, KONE, OPTT, SPU, TOPS, ISNS

3. Hot Weed Stocks: CANN, CBDS, CGRW, AMMJ, NDEV

4. CHK- recent (Fri.) price target upgrades from several of the big banks (some to $6 from $4.5, other to $10+); had to re-trace a bit come back to Earth (200 EMA) on 30 d 1 h chart; now it has pulled back to that level and has found footing. It can make a strong rally move on volume as we saw Fri afternoon. 50 EMA kept beating it down on the intraday.  

5. GST - Look at long at 1.40 risking off 1.37-.35.

6. CRBP – Likely going to pull back to mid-$8’s before powering back up to $10+. However, if there’s a measured dip during p/m trading and the range gives a solid place to risk off, this could be a solid trade at/near the open; If it pulls back a little at open and starts a healthy move back towards $9 mark, then good play for a monster break-out to $10+. DO NOT CHASE because it could continue to power up, be smart about this. I have witnessed this stock EXPLODE twice on Fridays on extremely predictable break-outs with respect to key whole dollar levels (i.e., $9 mark both yesterday [10/21 & 10/7])

7. CARA – Overnight long; looking for it to start moving back up toward $9-$10 mark. Current price target of $20…

8. DRWI - DRWI going to watch dips on this one, not writing it off yet if a weak open is met with buyers tomorrow or Tuesday this can easily end up mid $5-6s in a few days

9. SAEX - look for long around 7.8 - 7.85

10. RGSE - be on look out for this to get back on/around $2 mark.

11. PTX – Long above $4.10. Looking for it to get to $4.50 – $4.75 +

12. CXRX – Long above 4.60; This can run to $5.50 +.

13. CHK – Long above $6.80; Short below $6.65

14. CRC -- watching over $12.65 for a move higher.

15. CYOU - on watch for a range breakout; but low volume; also think it needs to pull back a little before making a further move toward multi-month high

16. GDX - play either direction via JNUG (long) or DUST (short)

17. KOOL – Might be something worth looking at if it can hold 3.15 level firmly. Looking for it to get to mid $3.50s if that’s the case.

18. Some Randoms Just To Be Peripherally Aware Of Given Their Recent Price Action/Movement:

1. CRK (it’s quite overextended, but a lot of eyes are likely to be on it given its strong move this past week so look for sensible entries/risk levels as the price action dictates; DEF nothing to jump into/chase);

2. PTCT (looking for this to move to $9-10 range over the next week or so as it was battered VERY hard after losing its appeal to a FDA drug denial decision; BoA has a $15 price target it issued Oct. 3);