Bias

Grade

Ticker

Details

Plan

Long

2

GLUU

·         Rumors of big announcement yet to come

·         Support @ 3.20 region multiday

·         I will wait for better price action

·         Watch … wait for better price action

Short

1

TRXC

·         Did what I expected yesterday

·         Almost back to where it all began

·         Not much left in it

·         N/A

Long

2

GRPN

·         Billionaire play

·         Yesterday down from 4.80 to 4.50

·         4.40 seems like support from previous days

·         Potential dip buy into panic, but it must hold support in the 4.40-4.50 region.

Long

2

ELMD

·         This is the highest it has ever gotten

·         Yesterday it down-trended

·         Potential dip buy

·         This can spike as there are no sore bagholders

·         Dip buy if it drops heavily, ideally to the low 4s

Long

3

MITK

·         Had a spike of 60c yesterday from 5.20

·         Went back down to 5.30

·         Now @ 5.50

·         Nice long term support in 5.30 region

·         I might dip buy this if it panics in the morning to support around 5.30. Goal is to sell when it retests 5.70-5.80
RR = 35/8 = 4/1

Long

3

EVDY

·         Earnings winner

·         Premarket went up to 6 from 4.70

·         It must hold this 6-ish region for me to get interested as this will act as support.

·         Potential spiker if it holds above 6 with convincing volume. Goal would be 40c, with a 10c risk.
RR =4/1

·         If it dips today, I’ll watch for multi-day support in the 5.40s