CNAT - 26 million - Low float biotech and recent supernova. Has been in an uptrending channel and is now looking somewhat tired after its multi week move to the upside. Will be watching for the trend to break to the downside to short. Its very possible that we see a continued move up even after its tank on Friday. If that were the case, I wouldnt be opposed to going long over last weeks highs on a breakout. Would love to see a gap down past 8.20 support to use that as risk in anticipation of the 8 dollar crack. Resistance at 8.40 and 8.60.

 

AEZS - 13.8 million - Low float biotech with a phase III news coming out pre market Monday morning. The company announced a new ATM offering last week along with the positive news, which seems to have slipped through the cracks. It will be interesting to see what kind of price action we get. Would love to get a morning spike to short into, as the longer term chart shows poor history of holding gains. Speculative at this point. Watching the 3.75, 4.00, 4.25, and 4.50 levels to prove support. Solid support at 3 and 3.20.

 

MTBC - 4.9 million - Low float runner in recent days all with great opportunities to get short, had the borrows been available. Will continue to look for them coming into this week as there is still quite a bit of downside potential. the high 1.80s/ low 1.90s could make for a decent level to risk off as this was a clear resistance level along with 2.10/2.15. Support at 1.45 and 1.33.

 

AKBA - 37.9 million - Last weeks impressive biotech semi-supernova. After multiple big days on a solid news catalyst, this stock is looking tired. While keeping in mind the possibility of a second wind, i'll be short biased coming into the week. Finished on its first red day Friday. Considering an overextended gap down play with risk on green. Will wait for the stock to prove itself. Solid resistance in the mid 13.90's and 13.80, along with 13.50. Will be watching for the 13 whole dollar support crack.

 

CCCR - 16.1 million - Low float junker. Continuing to look for shares to short on this China play, which has been proving near impossible. Has a history of spiking hard and coming right back down. Will be watching for any follow up to the run up and crash trend. Resistance at 2.20, 2.30, 2.40. Watching the 2 dollar area for support.