GEVO, BLIN and BSPM absolute nails, just read yesterdays watch all of them no follow through momentum and just cracking supports all day long. The market gave them a good push though, but still all of them had very weak days. HMNY like I said, 14 supp cracked and 12 also... NO legs to stand on ended up at 10. Very weak day for overall markets, this morning also, NASDAQ , SP500, OIL, GOLD all red. Be careful today guys and remember 3out of 4 stocks follow the market just like yesterday, anything that didnt have big reasons not to spike was just rolling downhill.
SPHS- Good phase 2 trail data, already popping like crazy in A/H so this can bring potential spiking. Will look for a morning momentum push. Even in this market if it gets going, it can run. Forming a base at the 2.50s, and if it holds trend and that level I will look to play it . PT 3$ maybe more if it starts going.
JAGX- 15 Mill common stock purchase deal. Not big news, and thats why this had a fail after such a big gap up. Will look for a bounce maybe, if the volume holds this can have some plays in it both long and short. Base at 2$ if holds will maybe play it, and volume keeps up ofc. PT 3$
BLPH- Big day yesterday, can be played both sides but in this market lets try a morning push, maybe scalp that but only if momo is big. And when it tops out look for the bigger trade in the short. When backside, set risk/reward with lower high and ride it down.
EMES- Big run, this can keep going of-course with push from oil even more. Will look for it to hold over 9$ and push maybe weak open ramp back r/g and than go 11$, if not 11 than 10.50 for sure. Thats the PT - 10.50$
EYES- Big day and I cant seem to find the reason it was running in the first place. Will look for it to top out depending on markets, but overall game-plan on this one is maybe some push than fade it down to 4$. Find the backside with a lower high and short. PT 4$
Today can be a heavy day guys similar to yesterday. So watch out on a lot of these plays dont keep adding to losers cause its days like this that when combined with stubbornness can kill accounts. GL TRADE SAFE
Eyes was a fox news picture of a guy with high tech sunglasses just a vignette from all I saw in recaps, but a catalyst for all of that.
What a catalyst that is LOL... thanks for the info though @grysmith
Is that a general rule that 3 out of 4 stocks follow the major market indices?
its like an unwritten rule ! most of the stocks trend with the markets unless they have a reason not to ! @LivingLarge88
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