$AXSM - Short position into any spike as this price action seems to me really overextended. Three days of volume exhaust that is beginning to not even look like it can make it. It's traded 2000% it's typical volume. Not looking to take a short pos into weakness. Look for any float rotation and compare it to previous weak day to determine risk. Float is 20 mill also is a good range
$GLUU - Strong long term stock, due for a pullback as we've had a good three strong days to the upside but definitely not the best to short from this list. Positive earnings estimate on Estimize. Float is 100 mill +
$MEET - Former runner, steady multiday runner due for a pullback. Approaching two year resistance, I'm not entirely sure as to what to expect, gonna leave it for now and give this a so so rating. No significant changes in volume so far. I so unable to really identify what the price action. Looks like some positive preliminary earnings report.
Join now or log in to leave a comment