Stocks to watch for August 2, 2017

 

 

 

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 – strong move today. I’m not going to touch the front side of the move. When momo shifts, be sure ill shorting the crap out of it

 

MITL – another strong day for this one. Target is still 9.50. long over 8.75

 

MTBC – closed right at resistance. Long over 1.70 with first target at 1.90.

 

XXII – I went long at the end of the day, bc of the impending patent news, but after listening to that conference call…. They guy sounded so pumpy, so I might sell a/h and take a loss. We’ll see how it pans out tmrw. Over 2.07 and might go long if im not still in it

 

TEAR – started to make a move today. If shows conviction over 2.75 I might go long, but this still has way to come down, so if there isn’t strong volume, then ill just play the backside

 

NOVN – still has room to come down. Short into morning spike if there is one

 

MBRX & CYTR & AEZS– on watch for a dip buy only into panic

 

MBOT – got rejected at 1.50 again. If it gets back up there and rejected, ill short. Otherwise dip buy into big panic only

 

Backburners: AVEO, OMNT, ENVV, RETC, AXTI, TTPH, GNCA, ACRX

 

(green = potential long, red = potential short, gray = wait and see)