Top Watchers EVOK, BLDP, BCRX.
High of the gap down Breakout Strategy – you take the high of a stock that gapped down to new 52WK lows, once the resistance breaks from the high of the gap down, the stock is known for having a huge breakout 20-50%+ the same day, for example, the high of the gap down on EVOK is $3.60, there is no resistance until $10.10 so there will be a big breakout due to no resistance, big breakout, volume, bulls are control, Now the bigger the volume the bigger the breakout, you then have to find intra-day resistance levels and sell on a pullback to play it safe or hold further risking your winnings.
EVOK – Low floater that is Heavily oversold, I’ve been waiting for this to bottom since the huge gap down. Today EVOK bottomed at $1.56, as volume surpassed the 10 day average 2m+ we saw a $1.80 breakout which was major resistance / triple top, I then bought EVOK @ $1.88 4K shares and held overnight, I bought the breakout due to the bottom, bull trend, broke major resistance / triple top, and EVOK was heavily oversold as you know… I set the PT @ $2.40 EVOK closed strong at $2.05 then ran to $2.36, bulls are clearly in control and this is the first green day since the gap down from $10 to $1.50, potential to be a big multi-day runner and I’ll try my best to maximize my position. Since the bottom bulls have broken through resistance levels like they were nothing, and has not had a pullback since, Here’s my analysis for tomorrow, If $2.40 breaks this should run to $2.90, $2.90 is major resistance if $2.90 breaks expect a run to $3.60, Now $3.60 high of gap down breakout, there is no resistance levels after $3.60 meaning if EVOK breaks $3.60 it will have a huge breakout 20-50% in just a few hours, now the key to these breakouts to be smooth, and reach the price targets within hours rather days is to have the volume above 2M, you can expect a crazy breakout once the volume is above 5M, I’m bullish for the next few days and will try my best to maximize my position.

can this stock go back to the 10 ??
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