(NEW HIGH)CERS: Gapped up on news of "Cerus Reports Positive Top-Line Results from Chronic Anemia Phase 3 Study Evaluating INTERCEPT Red Blood Cells in Thalassemia Patients" but ended red on the day and consolidated near the previous days after market spike.
The company has good current asset:liability ratio and profits are the highest for the last quarter. Should I look to short it tomorrow if the breaks the support near yesterdays spike or wait for bounce?
(NEW HIGH)MDR: Gapped up on a contract winner. Has good balance sheet. Went up pre-market and a little panic at market open and kept going up after. finished well over on the day.
Should I expect a pullback at market open tomorrow and go long from that point? Or short if it pulls back completely and breaks today's resistance?
(Top Gainer)ACHV: Went up on licensing news, licensed the patent of a plant to curb smoking and B/S looks good. Hasn't been able to hold its spikes on previous news so will probably look to short it unless it breaks key levels of resistance. Has incurred more total liabilities over assets in the last quarter. Should be good to short.
Let me know if I'm looking into the correct things or should I look for some other info as well.
Cheers.
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