TICKER

SETUP

PLAN

$CHGG

Possible long on strong earnings play

Didn’t play this today.  Was up big p/m on earnings before dropping back from 11.5 to 10.  Then big spike and uptrend to day high of 12.10.  Would look to go long on break of 12.10, or dip buy at 11.50 or low 11s.  I think this may run for several days.

$AUPH

Possible long on break of 8, or short if weak at 8

Squeezed up to 7.98 on anticipation of CC today by CEO. HUGE short volume and panic sold to 7.12 before grinding up to 7.50 and eventually settling at 7.40ish.  Resistance at 7.50 and 7.65 and high 7s.  Would likely short in high 7s if pops, and switch to long if breaks 8s

$CDXC

Gap down short or possible dip buy

Billionaire play finally broke out today.  Closed above 3.80 resistance, pretty strong move today.  Should be some resistance breaking 4, so would need to see some definitive strong price action if I were to take long position.  Will also look for possible short, but not all that eager, as may end up being a nice b/o.

$SNCR

Possible short gap down, or long on break of multi day resistance around 16.30

Huge gap down several days ago, and has been roller coaster since, but nice clean breakdowns and bounces to play, and I have been playing long and short w/ great success.  Will look to short if can’t break multi-day resistance at 16.30ish, or if gaps down.  Would also consider long position if breaks above that mark.

$ZPAS

Pump on watch

Morning panic dip buy but not eager, as I am not all that comfortable w/ OTC executions.  Obvious eventual short, but no shares… :/

$BASI

Possible chat pump short

Ran today from 1.20s up towards 1.75, on no news that I could find.  Not great history of holding spikes.  Would consider taking starter if pops up to 1.75 and would add up towards 2.00 if need be. 

$PIRS

Possible P/M long

Just released news (2am EST) on collaboration w/ AstraZeneca.  May pop tomorrow 57.5mil upfront and milestone payments.  Conference call tomorrow at 7 AM EST