| AEZS | 14.6 |
Biotech gap fill/ float rotation ripper with FDA news
|
Well this broke the 1.50's and reached 1.67 and I wrote this as a potential dip buy risking 1.44 but ideally wanted to see 1.50's hold, I missed my entry on this one and then it got the nice 1.67 break and just held up nicely all day in the high 1's and then the 2's break reaching 2.80 area filling this gap. It had a nice dip and bounce back but couldn't get past the highs so perhaps could have been a potential short but just scary as I thought many shorts could be trapped on this float rotation and they also seem to have an ATM but I could be wrong there. Could very well still see higher into the 3 area but see if the low 2's hold up or if this goes splat to the downside
|
|||
|
|
||||||
| MYSZ | 15.8 |
Former runner but tough chart
|
I thought this could be a potential dip buy in the low 1's looking for a 1.50 test and I missed this one and the nice spike to 1.80 area, potential short into a bounce now it seems
|
|||
| AGRX | 28.6 |
Biotech recent runner
|
This is a nice little breakout past the 4.30 area but just low volume now although crazy to think I was buying this in the low 3's a few months ago on the bad gap down/breakout. This could perhaps see into the high 4's even 5 area but could get stuffed into that resistance with many bagholders likely at those levels
|
|||
|
|
||||||
| BONT | 16 |
Recent runner first green day bounce off the highs
|
This held at the .50 area nicely and I missed this spike to .70's. Traded flat all day after the bounce but see if it holds up in the .60's as it could potentially bounce on day two looking for the .73 area to break
|
|||
| CBAY | 28.4 |
Recent biotech runner with offering
|
The offering was at 6.50 and I thought if that area or the mid 6's held up this could be a potential weak open r/g move and I missed that from my plan as it played out nicely to the low 7's and even mid-late day held up in the 7.40 area. Resistance though from the spike a few days ago up to the 7.70's although this could have trapped many shorting on this offering as this type of play has squeezed for a few days after an offering gets announced and it still holds up, longer term resistance all up in the 7-8-9's.
|
|||
|
|
||||||
| CAPR | 17.6 |
Recent biotech runner
|
I thought this could be a potential weak open r/g type move and it did spike a little but perhaps could have been a better short into a spike into resistance although scary but got nice panic on this one. Ideally gets more panic and could fill this gap down under 1 into the .70's, could be a potential panic dip buy but ideally sees lower and has a first green day the next few days
|
|||
|
|
||||||
| SPWR | 135.8 |
Bad sushi type set up solar stock/hot sector
|
This reached the mid 11's but had a nice panic down to 10.80's but it held up and reclaimed r/g later on, perhaps this settles here near this 11 breakout and could even climb back to break the 11.65 area
|
|||
| SNGX | 4.93 |
Recent biotech runner #5 bounce
|
I missed this nice r/g and #5 type bounce off the highs near support from my watchlist, perhaps still holds up in the low 2's still and bounces but seems like it failed in the 2'60's so could see lower now
|
|||
| YUMA | 7 |
Recent AMEX runner bounce
|
This is low volume now but bounced off the 2 area up to 2.30's. Potential buy if this low 2 area holds still but just no volume so seems like a no play for now
|
|||
Posted Jul 19, 17 11:13 PMbyRichieM |
Hey Ritchie, whats your take on ORIG?
@tjess3 Kind of a tough chart but did seem to get a nice bounce off the .26 highs near .17 support, seems like it could be following the DRYS moves but I haven't been following that saga so I don't know
Thanks Ritchie, I don't post much but always like your analysis.
@tjess3 Thanks I appreciate it! Gotta take action on my plans more when I see it!
Join now or log in to leave a comment