GALT - 27.2 million float - Biotech/ Drug manufacturer up on news. Strong mid day volume came in and pushed this stock up 50 cents before a sell off then rally into close. Currently in process of gapping up this morning pre market. Will be watching to see what direction this wants to take, but am hesitant as with yesterdays giant move, we might see a similar adjustment. Beautiful bounce off a late afternoon 1.60 support level. Watching the 1.80 and 1.85 resistance area from yesterday, going into this morning.

 

LPTH - 21.3 million - Technology sector stock spiking into close on earnings. Will have half an eye on this one for volume continuation. Possibile dip buy into a heavy panic. Will also consider shorting if resistance looks heavy into any spiking. 1.90, 2.00 support. 2.25, 2.30 resistance

 

EVOK - 291.1 million - Speculative Biotech play spiking pre market on heavy volume. Will be watching for this to prove itself going into the morning trading hours. Gapped way through multi month highs this morning. Hard to say where it will find resistance at this point.

 

SINO - 6.3 million - Low float shipping stock up on earnings. Looking overextended at this point. Will be watching for a heavy sell off, in order to give dip buying a thought. Will really have to fall significantly and have the right risk reward setup prior to me getting interested.Will be watching 4, 4.15, 4.20 for support. Resistance at 4.50 and 4.75.

 

FNCX - 2.3 million - Technology stock up on earnings. Watching 4 for support and 4.50 for resistance.