$CREG- Float 4.08M Past 2 days huge morning runner. Went back into the history on the charts and every few years $CREG seems in run to resistance around $25. I like these odds. $10 seems to hold some long term resistance. $9.39 was Fridays HOD and $5 seems to be support.
$CREG plays
Option 1. Monday morning short squeeze same as Friday morning, watch price action and volume lots of volume is required to push this. If it looks strong buy once it passes $6 resistance and sell into strength. Not matter what sell position into $9.39. 200 shares
Option 2. Morning panic or dip into key support of $5. Sell into $5.80 resistance. 200 shrs
Option 3. Buy the $9.39 breakout, if it fails cuts losses quickly. 100 shrs.
$OTIC- news a few days ago- 25M Float Positive FDA results, and finances (not sure if they are good or bad). Resistance at $5.5, 6, 6.5, 7.7. The big gap up to $11.50
$OTIC plays
Option 1. Buy the $6.00 breakout
Option 2. Short sell the breakdown at $4.65. I highly doubt I can reserve shares.
Option 3. Buy the $5.00 support with expectations that it will go up from the previous news.
$BIOS- Float 98M. Crappy earning a few about a week ago, seems to have bounce into the $2.12 resistance. I shorted this Nov 2 from $2.1 and covered at 1.81. Fairly slow mover the past few days.
Option 1. Short at the $2.12 resistance, cut losses at $2.15. Buy to cover at 2.81 or see if it break down further.
Option 2. Short at $1.81 breakdown cover in to $1.$5
$GLNNF. (Float 53.68M) Recent runner on hot sector block chain. Ran from .50 to $1.30 (150%) in the past month. Looks like it could be slowing down. Looking to short, If I can get shares. Double topping at the $1.30 resistance. Support at $1.1. I might have a hard time getting shares but I will try.
Option 1. Short at resistance of approx 1.3, cover into support at $1.10 for a .20 gain. Cut losses at 1.32 which would be a new all time high. R/R 1:10
Option 2. But the 1.30 breakout into the blue sky. Cut losses at 1.25. I would expect this to run to $1.50. 4:1 R/R
Hot sector All time highs. (Canadian Cannabis Sector)
Hemp.v- (Float 14.8M) New that Aurora Cannabis (ACB.TO) is confirmed to purchase 50%+ controlling shares. Looking for .1-.2 cents per shares
MYM.CN- (Float 50M) News of updated progress that their growing facility Lavel Project will be completed on time(DEC 15, 2017). Looking for .1-.2 cents per shares
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