Getting a little more thorough in my analysis. I am still learning. Will be describing my thought processes on future posts.
MDGS - Contract Winner - http://www.stockjunction.com/29-healthcare/medical-devices/37133-medigus-ltd-mdgs-4
MRNS - Over extended. Pattern looks bullish in the last month. Pricing is too high for me at this present moment.
Risk Reward is tough - recent low is .835 and there is a bunch of resistance/key support levels to conquer to spike.
Volume is not great but it is possible to get in and out of trades with the volume as it is.
There are a few significant spikes in the charts looking back through 1 year.
I prefer morning trades and I have a conference call promptly at bell opening. So time of day always gets a 10. I am able to casually monitor the market until 1/2 hour after opening.
Spiking right now due to positive clinical trail results. http://www.marketwatch.com/story/marinus-pharma-stock-surges-49-on-positive-mid-stage-data-for-pediatric-epilepsy-drug-2017-01-23
Market environment is a 7 right now for bio tech/pharma. Probably being conservative but I am not feeling the strength around this market compared to the last 6 months. And the overall market is sagging a bit.
| Date | 1/24/2017 | 1/24/2017 | 1/24/2017 |
| Ticker | GMAN | MDGS | MRNS |
| Pattern/Price (1-20) | 5 | 10 | 10 |
| Risk/Reward (1-20) | 3 | 18 | 3 |
| Ease of Entry (1-10) | 3 | 4 | 5 |
| Past Performance/History of Spiking Big (1-10) | 3 | 3 | 10 |
| What time of day (1-20) | 10 | 10 | 10 |
| Reason/Catalyst (1-10) | 3 | 7 | 5 |
| Market Environment (1-10) | 3 | 7 | 7 |
| Total (10-100) | 30 | 59 | 50 |
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