There were some unbeliveable moves on the half day. Most of the stocks are panicking premarket. This watchlist is going to be a little weird since everything is dropping significantly.
Always choppy. Selling off premarket. Could have some support at $22.
Selling off premarket. Possible support at $6.00.
Massive gap up on Friday. Hit a high of $29.42 premarket and sold off 10 points. It may have some support at $18.50 / $18.65 which is the morning dip from yesterday. Seems to be holding premarket at the moment.
Selling off premarket. Possible $6.50 support which held near EOD on Friday.
Shares outstanding: 3.21M
Breakout over ~$3.20. Long term chart is really choppy. Not a lot of volume premarket but it is up and has a catalyst. I’ve set an alert for $3.55 so I can see if it re-tests prior close and bounces.
- Catalyst Pharmaceuticals Announces Positive Top-Line Results from Second Phase 3 Clinical Trial of Firdapse® in Patients with Lambert-Eaton Myasthenic Syndrome
Tim has this on his watchlist today for a possible dip buy. I’ll watch it but not sure if it will do anything since it has almost no trades during premarket.
$XNET, $RIOT, and $MARA were all too volatile for me to try and play.
$DPW popped up and I saw a big wall at $3.00. I was thinking about getting in but as soon as it broke it squeezed 10c+. So, not very easy. It later dropped to the premarket lows and I was about ready to buy at $2.03 but it bounced too quickly and I had no way of getting in without chasing. A few cents doesn’t really matter but I hate taking on more risk because I didn’t get a good entry. It rebounded back up towards $3.00 - huge move.
$SRAX, I really wanted to buy on the dip near $6.40. The spreads were crappy and the risk would have been 20c+ so I didn’t want to get in. It rebounded up to $7.00 but could not break it. I’m waiting to see if it gets over that level later in the day but probably not.
Tim dip bought $EKSO today and his plan worked perfectly to sell into prior close. I just didn’t really trust it since the panic wasn’t that big. It actually broke that level at $2.90 and got up towards $3.20 later. Pretty crazy.
Later I saw $XNET drop to $23.00 which seemed like support from earlier in the day. It held perfectly but it spiked before I could put an order to buy at ~$23.03. Decent bounce up to $23.39 but nothing huge.
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.