Stocks to watch for August 1, 2017

 

XXII – short swing (I am short on the green to red move)

 

NOVN – overextended for no reason. It held in the high 5’s, but under today’s lows and my target is high 4’s. if it spikes, I will build a position higher, but in the middle channel, no play.

 

MBRX – strong close, look for continuation

 

MBOT – nice close, but got beat down at 1.50. Over 1.50 and look to go long

 

JAGX – up a/h on merger news. (priced at .925). possible morning spike

 

IMDZ – stock has been surging since early March off its 52 week low. Long over a  break of today’s high,12.85 with targets of 13.30 and 14

 

GTE – stock is hitting a ceiling at around 2.40-2.50. over this and we could see a move to 3. Price action needs to be more convincing though

 

CYTR - short into any pop. Will be delisted in 3 weeks.

 

HTZ – real company. Bounced off its 52 week low by nearly 50%, but was downgraded by analysts with a $9 target. Under 13.50 is where I will start to build a position.

 

 

PXLW – head and shoulders formation has been made. Once it cracks the lower trading channel, its will likely fade back into the 3s.

 

DRYS & TOPS – perpetual short plays into any spikes

 

IMGN – couldn’t maintain gains. We’ll see if it can come back. As of now, no play, but deft on watch.

 

Backburners: AVEO, TTPH, GNCA, AKS, ENVV, OMNT, CBAY, XCO, ABIO,