Bias

Grade

Ticker

Details

Plan

Long

2.5

GLUU

·         Rumors of big announcement yet to come

·         Support @ 3.60-3.70 region multiday

·         Potential dip buy

·         I will wait for better price action

·         Watch … wait for better price action … it is currently in support region so no risk here.

Short

3.5

TRXC

·         Broke multiday support @ 3.20

·         3.15-ish is also multi-day support which is where its hanging afterhours

·         Toxic financing

·         This will likely panic today

·         Could go to the 2.60-2.80 range

·         Short into morning panic
If it goes back to 3.22 I cut my losses
Should go to 2.80
RR = 7/40 = 5/1

Long

2.5

GRPN

·         Billionaire play

·         Up trending nicely every day

·         Now ~ 4.78

·         Next tops ~ 5.20

·         Multiday topping/support region ~ 4.78-4.80s

·         It needs to break 4.82 top of previous day for me to get interested. If it holds above that range, or ideally spikes, then drops back to that range, I could buy for a retest

·         If it drops in the morning it might go down to the 4.65-4.70s and it will be a potential dip buy if it holds support there

Long

2.5

ELMD

·         This is the highest it has ever gotten

·         Up from 2.80 ever since earnings 10 days ago

·         Kind of overextended now @ 4.87

·         But this could run

·         Support @ 4.64 from previous day

·         Buy if it spikes convincingly in the morning above 5
Kind of risky as it is already gone up too much

·         Dip buy is the better option, but I can only guess on support to be in the 4.60 region