CNAT - 26 million float - Recent gap up into a partial supernova. This biotech stock has broken its trend downward, yesterday trading up through 5. Will be watching for volume to come in at or around market open, and this to prove itself for a possible long entry. A break above yesterdays after hours high of 5.15 and the next resistance level i'd be watching closely is the 5.50 area. Expecting a potential support at 5.10 and 5.

 

EMKR - 23.4 million - Semiconductor stock with earnings coming out at market close today. Looking back to early December, positive earnings brought forth a massive gap up. Will be keeping a close eye on this as analysts are forecasting positive earnings after market close today. Wont be getting in prior to earnings is released, as I'd consider that a gamble.Resistance yesterday at 9.50 was broken and now looks to be support. Traded up through 9.75, but couldnt hold. Would watch that level for potential resistance, unless a good earnings is reported and gaps through that level. Looking for 12.

 

PIP - 61 million - Lower priced Biotech stock on the move as of yesterday, finishing very strong and continuing to gap up after hours/pre market. With this being up so far, so fast, i'll be watching it this week for a substantial morning panic. Would look to dip buy off a solid base, in anticipation of a recovery. Will be patient and wait for the right risk reward set up as long as this continues to be so volatile. Pushing through a 1 dollar resistance at close, i'd anticipate that area now holding as a potential support. 1.40 looks to be the pre market resistance.

 

AMD - 915 million - A microchip/semiconductor company gaining popularity due to its great performance as of recent. Most notably, this stock is up substantially on earnings released a few days ago. Will keep an eye on this one as it continues to make decent price moves, having potential to take a profit on the right set up. the break above 12.60, caused this stock to surge up on a whole dollar move. Would look to dip buy this only as its now trading in the high 13's. Potential support at 13.45.

 

GLBS - 2.6 million - Low float shipping stock, with great volatility in recent weeks. Watching closely as volume came in strong towards the end of the day yesterday, resulting in 2 dollars of upside. Would look to buy into a dip with the right risk reward, or a possible breakout. 10 dollar resitance broken after hours and pre market for a short amount of time, before dipping back under that level. Will be watching for this stock to prove itself out of the gates today, prior to deciding on a plan of action.