ZFGN
26.71m float
Stock is popping on news of positive trial news on one of their drugs. The reason the stock tanked so hard in the past is due to deaths cause by another drug of theirs. This is a multimonth breakout that is holding up fairly well. I'm short bias but won't hop in front of an uptrend. I would like to see a break and hold below 9 area or a spike in to resistance and fail. I drew a few interesting price levels for tomorrow.
TROV
26.91m float
Strong uptrend all day today on massive volume with this news
http://finance.yahoo.com/news/trovagene-announces-agreement-americas-choice-131500288.html
It's working its way towards a lot of overhead resistance with the low 7's being the ultimate top. Shorts got smoked today and I'd love to get short on this thing in the 7 dollar range. I don't know if it squeezes that far but I am expecting a squeeze in the morning and then shorting the first lower high.
PFSW
13.35m float
Strong uptrend all day in to resistance in the 13 area on above average volume. Up on this news
That's the only news, I'll keep a close eye to see if any more news comes out but if that is it I will be shorting this stock. I like r/g as my risk if it opens weak, if it gaps up I'll catch the first lower high.
WPRT
53.68m float
Stock is popping up with good volume on this news
http://finance.yahoo.com/news/westport-signs-investment-agreement-cartesian-174900650.html
and this
http://finance.yahoo.com/news/westport-secures-epa-certification-dedicated-130000163.html
This stock is on watch to see if it can get another green day in to resistance to get short off of.
CNXR
19.01m float
Stock popped up on no news that I could find. Long term chart is a nasty downtrend. Looking to get short on any pop in the morning or if the open is weak use r/g test and fail.
CMRX
45.30 float
Long term watch to see if it can breakout over that 9.75/10 area
@TradinginHeels no problem I use finviz.com
@TradinginHeels I personally set market cap to micro(under 300 million), performance at +5%, I place dollar amount under 20, and lastly volume over 1 million
I constantly tweak those numbers around, I mat use a 750k volume scan or maybe bigger market cap, but those are my most commonly used #'s
Thank you for sharing that info! Very helpful!
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