I bought MRNS today near its highs in hopes that it would break multi-month resistance of 1.87... As it turns out it, it could not break through and after it dropped about 16 cents, I decided to cut losses since my trade didn't go as planned. I'll be watching MRNS tomorrow for a possible uptrend but it remains speculative as it has now returned to multi-month support levels at 1.41. It has good news but just couldn't hold its morning gains.
APRI is a recent contract winner that spiked from 1.85 to 4.05 intraday on the day of the announcement, however in the days since, it has downtrended and begun to consolidate around the 2.50 level... Given that it is still up substantially from its price of 1.53 just a few days ago, I'll keep my eyes out for any follow up spiking.
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