VMEM- It broke out multimonth resistance with huge volume. I think this can retest 0.54 on Tuesday. Hopefully it will dip back to 0.40 and hold it there. I will also buy the breakout if it spikes through 0.4250.

Break out

EP: 0.4250

SL: 0.4150

TP: 0.54

R-R: 12:1

 

Dip buy:

EP: 0.40

SL:0.39

TP: 0.54

R-R: 14:1

 

CCXI- It has a very nice chart. It finally broke recent range of 5. The volume wasn’t very huge but its increasing. It held the breakout level very well on Friday. I think this can retest 7 this week.

Dip buy play

EP: 5.05

SL: 4.94

TP: 5.60/ 7

R-R: 6:1/20:1

 

Breakout play:

EP: 5.61

SL: 5.50

TP: 7.00

R-R: 14:1

 

HERO- It has tanked from 2 to 0.95 on Friday as it filed for bankruptcy. It closed at its low on Friday. Once it takes out 0.90, the next support is at 0.72. I will see how it reacts there on Tuesday. If it shows some support, I think it can bounce to 0.90.

EP: 0.72

SL: 0.70

TP: 0.90

R-R: 9:1

 

CIE- A law firm announces investigation against it. This has tanked for 2 days. I think this will have a bounce tomorrow. I will buy it into a morning panic if it holds 1.98.

 

EP: 1.99

SL: 1.95

TP: 2.20

R-R: 5:1

 

FLXN- It spiked on Thursday as the company’s drug got positive guidance but tanked on Friday. It briefly touched 14.70 which was multimonth support. Then rebounded nicely to 16. I This is a double top. I hope it retest this low again on Monday but I doubt it will.

EP: 14.75

SL: 14.65

TP: 15.90

R-R: 10:1

 

VSLR- It spiked on Friday as it got upgraded by Deutsche bank and there’s a Seeking Alpha article saying it has potential in the long run. I will buy it if it breaks 3.90 or if it fails that level, I will look to buy it on a dip.

 

Breakout play

EP: 3.90

SL: 3.81

TP: 4.40

R-R: 5:1

 

Dip buy:

EP: 3.45

SL: 3.40

TP: 3.75

R-R: 6:1

 

STKL- It spiked as a multibillion hedge fund urged the company to sell itself to a bigger enterprise to increase its value. If it can hold 4.70 then it has a chance to break 5 next few days.

EP: 4.70

SL:4.60

TP: 5.00/5.60

R-R: 3:1/9:1

 

GSAT- It had already tanked so much from its high of 3.75. I think this can bounce this week. It has multi month support at 2.20s

EP: 2.21-2.25

SL: 2.18

TP: 2.45

R-R: 3:1