| MBRX | 10.6 |
Low float biotech multi day breakout, FDA orphan drug news. This news seems somewhat fluffy as the FDA only awards this to ones with under 200,000 usage, but also they can have exclusivity on the product for 7 years so that seems to matter more but still gotta focus on the price action. Also recent offering
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The offering a few weeks ago was at 1.35 and this was moving premarket, I missed the dip buy in the 1.10's from the plan I wrote down and this broke 1.26 nicely and spiked to 1.44. This held higher lows all day and late day I considered a potential dip buy in the 1.40's risking off 1.31, it slid off late day and still held up at 1.30 and bounced after hours. This triple topped at 1.50 but I still think this has potential as these biotechs have been hot, potential long in the 1.30's if it holds up as this could test 1.50 and many who are shorting up there would cover sending this stock higher with resistance in the 1.70's/2/low 2's but also this is trading big volume compared to it's history, also they could start using the convertible warrants so have to watch for that too
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| PULM | 17.5 |
Low float biotech squeezer
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This gapped up premarket past 4-4.18. I even considered going long this as it was basing above $4 but it was just up alot already, and it did reach the 4.60 area resistance, dipped to 4.30 and failed at 4.59. This cracked down to 4 but held green on the day and I was even considering going long here as it could have squeezed even more but it only got to 4.20 and faded back down. This likely heads lower if it snaps g/r and it did do so after hour and could be a potential short or even on a bounce into the low 4's
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| UNXL | 52.8 |
Former runner but a beaten down chart and these have been hot, with contract news
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I missed this in the low .90's and it had a nice spike to 1.10 and then an even nicer crash back down (I hope Rose is still holding on out there) good lessons from the webinar today to get a solid entry on a dip to lessen risk and not chase the spike as these can be good for a quick spike but gotta be careful
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| IDRA | 147.3 |
higher mkt cap/float biotech premarket spiker/multi day breakout
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This was a breakout past 2 a few days ago and now the 2.20-2.30's. This spiked premarket from 2.10-2.55 and fell back down to the 2.20's but this held up all day and spiked back under 2.55 late day. This dipped to the 2.40's and showed decent strength, perhaps a weak open r/g type move here as if this breaks 2.55 it could test 2.70+, see if the 2.40's hold up or even the 2.30's
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| EMMD | 80 |
Pump squeezing
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This is now 2.5 green days above the 2.67 breakout and made a new high into the close past 3.38. This could just keep squeezing as shorts may be trapped in this low volume pump. Potential short/panic dip buy but this could get violent up here first
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| INNL | 394 |
Recent runner first green day
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This is down off it's highs in the 2's and had a green day above 1 today. Perhaps a potential buy in the 1.20's with support in the 1.10's and this could test 1.40+ but I don't know about this chart
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| IDXG | 2 |
Low float former runner
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This spiked into the close yesterday and held green premarket and I missed this in the 2.50's weak open hold with risk on 2.53 and this broke 2.80 nicely and reached 2.43. Then it faded back down to the high 2's but bottomed at 2.66 showing nice strength into the close. Perhaps I should be long this overnight looking for a morning spike as this could squeeze back to the mid 3's but look for a weak open r/g move now or even a dip in the 2.60's support area. This one has spiked big a few months ago so if the volume comes in could have potential although there could be many bagholders here
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| VRAY | 54.3 |
multi day breakout to all time highs with offering a few weeks ago
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Well glad I was on the right track with this one as this held green and spiked to 7.50 then dipped, held green again and bounced to 8 midday. This came back down to hold in the 7.40's and could have another spike left although tough to be buying up here on what would be day 4 of a run up although it is a nice breakout. If 8 breaks this could spike big as many may want to be shorting this as it seems over extended so it seems a potential buy still although tough up here, but on a first red day this could be a short candidate with downside potential to the mid-low 6's.
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Posted Mar 22, 17 9:26 PMbyRichieMReceived 2 Karmas |
Man, the gurus are right... your watchlists are spot-on. good work.
@kevinmullinax Thanks appreciate it just trying to do better than the day before:)
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