$CAS - had the right idea a couple days ago when i said it would go to 5. however i did not see this one coming as it dropped over $2 which was the opposite of my game plan. its right above decant support using 2.15 as my risk hoping to get a 30 cent bounce or so.
$MGT - this ticker will just not give up! not sure when this is gonna collapse but its gonna fall hard and should most likely be sometime this week. id be happy if had a little pop into the 1.90s then falls a little and tries to rebound but fails. that would be my ideal play.
$GSAT - looks to be a solid gainer especially now thats it went up to over 3 AF and is still at 2.80 which is .40 above the close. looking for this to keep running and retest the 3's as theres not very much resistance overhead and has solid support at 2.65.
$MITK - earnings winner thats been consolidating and somewhat fading the past day which hopefully should leave it open for a nice pop in the morning. support around 8.30 looking to get 20-30 cents out of this.
RECAP
$CAS - Opened at previous close of 2.15 and tried breaking past i a few times in the first 45 min. but it held strongly. once it couldn't break past it for about the 4th time it started downtrending very nicely. i should have recognized the from the past as its tried breaking past 2.15 multiple times in the past before it finally did after a cpl months.i thought it would do the opposite and use 2.15 as support for a bounce especially after the big dropdown from fri.
$MGT - should have seen this coming as the ceo was pumping it a ton and put out new news info this morning. it started off slow today on moving up 20-30 cents in first 1.5 hrs. however once it passed 2.30 it started moving up faster to 3.25 in the next hr. also could have dip bought off the 2.80 support which bounced to 3 or past it multiple times.
$GSAT - pretty similar move to what i was expecting as i said in the WL above that 2.65 would act as support which it did perfectly and spiked strait to 3 all in about 20 minutes or so. too bad i was at the chiropractor to miss this play. however it then double topped at 3 and faded the rest of the day using 2.65 as support once again. now its uptrending to $3 again AH.
$MITK - opened 8.41 started off with a small spike and double topped off at 8.55 for a big collapse right past my support of 8.30 down to 8.15 which it bounced off 3 times in a row before it broke past to 8.08 then spent all afternoon rallying back to break even for the day at 8.40
no plays for me today! have my watchlist out in a few hrs!
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