PULM - 14.4million - Chat room pump, short squeeze machine. Had a huge day yesterday. Watching for a morning panic and volume to continue. Potential dip buy for me if the right risk reward set up presents itself. Would be a quick in and out situation and unless everything looks just perfect, i'll only be watching and learning on a play like this, as I'm not yet certain which way this is headed. After finding resistance then support at 1.50, this ran up to 2 dollars. Broke twice, but immediately stuffed. 1.75 held as support and we saw a few nice bounces off this area. End of day brought a crack and 1.60 was the new area of support.
PNAT - 33.4million - There has been a few unsubstantial news releases on this low priced promotion stock. Volatile enough to see good intraday movement and momentum. This is proving to be a great stock to dip buy if your timing is correct. Will be long biased into another sell off as it looks like its still being promoted. 2.20 seemed to be the reisistance yesterday after a nice climb through the morning hours. We saw the 1.50 area hold from the day prior. Watching for another bounce off this level but will be skeptical as this could potentially be coming to its end.
AUPH - 52.8 million - This is running on news of a potential buyout. Surprising volatility considering the higher float. Volume isnt huge but has been good enough to move this upwards of .50 cents intraday. Will be watching for a dip buy set up into any morning panic. 3.55 was the downward turning point as we saw a fade to the 2.87, 2.90s before a turnaround. Will be watching for this area to hold going into tomorrow. Potential for further volatility given the news.
CBIS - 2.3billion - .10 cent stock in the marijuana sector, which has been heated over the past weeks. After a beautiful run up, we saw a decline this week. Yesterday we got a nice bounce and momentum change. Will be long biased, looking for continuation on this trend. Great support between .075 and .08. .105 Was yesterdays resistance. Will be watching for a break through that area.
CVEO - 106.2million - Although this has a higher float, we saw decent movement yesterday as the company directly benefits from Trumps pipeline news. Would be long biased in the event that we see a break out over yesterdays highs. Watching for volume and momentum going into today. Gapping up through yesterday afternoons resistance at 3.40, i'd anticipate that area potentially holding as support going into market open. Watching for a break thorugh 3.53 for a potential play, depending on upward momentum.
cbis had good news yesterday too. They sold out of their CBD products way faster than expected.
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