Bias

Grade

Ticker

Details

Plan

Long

3

KTOV

·         Spiked from 4 to 5 then retraced down 50c

·         4.30 is support; coincides with a multi-day top back in December

·         The only safe play for me is to watch for support in the 4.30s, and buy if it holds it for a 30-40c up-trend.
RR = 3-1

Long

3

CPXX

·         Up on billionaire stake (Steven Cohen)

·         Jumped from 1 to 9 in 5 days.

·         Support @ 9.35 – 9.40 region

·         Topping in the 10.20s

·         I will look to buy on support in the low 9s (9.30, then 9.20, then 9) depending on the price action for 30-50cps upside.
RR = 30-10 = 3-1

Long

2

CBDS

·         1.90 seems to be support … now @ 2.27

·         Has a pattern of panicking in the morning before spiking up

·         2.16 as late day support from yesterday

·         Multi-day top @ 2.42 - 2.52

·         Potential buy if it breaks 2.52 with convincing volume, for a 20-30c upside.
RR = 20-5 = 4-1