Stocks to watch for August 8, 2017
XXII - stock has been doing well after the FDA news, but fell off sharply off it's high and didnt really bounce well until late afternoon. possible long play over today's highs of 2.85
MNKD - lots of news a/h. misses by .10 but beats on rev. reported 1.5M of sales. and a delisting notification that will execute in 3 months. we'll see how the market reacts but im short biased here with. my play would be to short the $1 break.
AMRS - stock is coming down hard. short under 3 with first target as 2.75
MDCA - positive EPS a/h. watch for morning spike.
LC - good a/h action. long over 6 with first target as 6.30
IPI - stock came down today. maybe a market correction, but the overall chart is still strong. i will be looking for support in the low 3s/ high 2s. if it can't come down to that area and hold, the next long set up would be back over 3.60
AVEO - stock has been trading in a wide .40 channel, but it looks like it might breakout. long over 2.70
BTCS - bitcoin sympathy play. look for continuation
ONDK - earnings winner. buy only on big dip
PXLW - earnings tmrw. on watch
PDLI - good action today. long term resistance at 2.75. long over that if it shows conviction.
XTNT - gradual uptrend here. on watch for long on the $1 break.
Backburners: JRJC, DRYS, PACB, PLUG, ZYNE, MBRX, EROS, HTZ, INPX, CYTR
Thanks Minhal for the post.
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