AEGR (long)

beaten down stock that gapped up today due to a merger agreement. 

 

I didn’t buy into the close or trade this at all but as Tim Sykes said, “former runner, stocks been beaten down, gap up with a catalyst, buy into the market close”, so hopefully this can spike again tomorrow morning.

 

laying at 1.69 support on the daily chart nicely. 

would love to dip buy this around that area & aim to get out in the high 1.80’s, using 1.60 as risk, so about 20 cents or so of upside with 9 cents of downside. 

 

anything other than that is not worth the risk in my own opinion. 

 

MGT (long)

closed very strong today as McAfee continues to roast this pig up. New directors in his crypto currency advisory board.

 

plan would be to buy this on a dip/dips, or past the premarket high. there’s no telling where this can go if it breaks 3.50.

 

what would be nice is if I could dip buy this in the 3.20s - 3.30s and hope it re-tests/breaks the HOD, selling into the mid to high 3’s, using risk of the low 3’s, 3.10s..

 

HMNY (no play/scared)

no idea what happened here, squeeze I guess? Not even sure because on yahoo finance it says there’s hardly any shares short, I’m probably wrong though. I do know this is an ultra low-floater.

 

this stock also closed very strong, & this all happened on barely any volume, hmm.. 

 

this play scares me, probably will avoid it, but watch it to see how it pans out tomorrow. 

 

LBIX (short)

first red day, panicked today at the open and basically traded sideways all day with slim to no volume. since it’s an earnings play it could just be consolidating & run in a few days or so, I’ll keep this on watch, I know the rule is not to short this but with this setup, if patterns there, I’d look to skim a quick short out of this. 

 

BSPM (short/long)

up on a short squeeze, so does it deserve to be up still? my main intention would be to short this but it could be scary. has support in the 4.70s-4.90s, even in the 5s as well, so there’s support everywhere. 

 

I’d like to see it take out the LOD of 4.84 and panic a little but off of that. the thing is though, it could be another fake-out if that happens & scare shorts off, again. so if it holds any of these levels convincingly, I’d dip buy, if not then I’d probably go short with extreme caution about risk. 

 

VMEM

Form 4 released that a 10% owner just acquired big time. 250k or so worth. also, great reaction to earnings. 

great support in the .80s 

this company has products, good reaction to their earnings, also spiked from which looks to be a cup & handle formation. 

major resistance in the high .90s, needs to pass .98, then i could feel it could go to the 1.10’s. would buy this on a dip or past .98 (if it can test it)

would love to dip buy this in the high .80s and use .86 as risk, hoping it can retest the mid .90s or even breach it.