AMD is up premarket ($12.72) at 5:30 AM. I won’t be looking to buy until it gets back to ~$12.15 which won’t be for another week or two. I definitely missed out on another 17c+. Not a huge deal since timing is pretty difficult.
MRTX is on watch again since Friday was its first big up day. Not sure what it will do today.
- Mirati Therapeutics Presents Positive Preliminary Data From On-Going Clinical Trials Of Sitravatinib In Non-Small Cell Lung Cancer
After the nice breakout on Thursday, it had a spike on Friday before cracking and fading. It definitely looks like the momentum has shifted to the shorting side.
- Aldeyra Therapeutics Schedules Webcast and Conference Call to Announce Results from Dry Eye Disease Phase 2a Clinical Trial
- Aldeyra Therapeutics’ stock soars after positive results of dry eye disease treatment
Offering overnight and gapped down after hours. Potential short but IB has no shares.
Resistance around 1.60 and 1.85. Long term chart is pretty ugly. Biotechs have been running lately so this is definitely one to watch.
Currently up premarket but on barely any volume at the moment. It’s been running for a few days now. Resistance at $5.06. Potential multiday breakout buy if it gets through that level. It’s difficult to determine any other overheard resistance since it has only had one run up at that level before.
102% gap up on trial success. It did have a pretty significant drop on Friday though. Feels like it’s up too much but it could definitely keep going.
Small gap up on low volume during premarket. Starting to fade off $14.10 down to $13.00. Had some short opportunities on Friday but was a little choppy. Potential short but volume is low so it could take all day for it to drop.
Once again I’ll review my watchlist in a few hours after these stocks make their move.
Huge spike from $12.75 to over $13.00.
Update: Ended up topping around $13.30 which is pretty significant for this stock. When it rallies, it rallies hard.
Panic at the open then produced multiple bear flags. Best short entry would have been around $11.15 and covering into $10.55. 5c tick so it was kind of choppy.
Had a spike after it went green. Would not have been easy to trade due to lack of volume.
Sideways then faded. Not a huge move and was light on volume.
Faded right out of the gate. Float is higher so the moves are slower.
Dip buy after it had a small panic at the open. Not a big move but could have been good if you caught most it.
Morning spike then failed and continued down from $14.00 to the $10.80 level (continues dropping as I type). This stock has produced about 6 bear flags so far. If only there were shares at IB. I’d consider this a “gap and crap”.
$HALO (not on the list)
Went straight up at the open for several minutes. I really should have got in after it broke the previous day high at $16.65. Easy 35c of profit. So far it hasn’t cracked below that so it would have been a safe entry.
I didn’t really see anything that great except for $HALO which I didn’t take.
I am not a registered financial adviser/broker/anything. Use this information for entertainment/informational purposes only. Any tickers mentioned are not recommendations to buy/sell/or sell short. They are used as examples only.