Reached a low of $8.44 before running up and spiking to $9.35 in the after hours. Trading extremely thinly due to the high institutional ownership. Watching for consolidation on volume for a potential entry once the trading concentrates above support. Preferred Strategy: Scalp $9.50 Break / Short Confirmed Top.
Up to $1.33 from the $1.24 point in which I'd been watching it. Has seen three consecutive days of higher lows. Watching for a potential high volume move for a push to $1.5+. Preferred Strategy: Buy volume surge past $1.35 res
Presented positive data on their lung cancer diagnostic. This is potentially a commercial product and has an impact on the companies overall value, however, I'm a bit worried due to the lack of support above $7.50 for price on the volume we saw. Preferred Strategy: Buy Break on $7.95.
Strong cross on the MACD last week which gave us the run we saw today. Nearing $19 multi-month resistance, I'd rather wait for a price above $19 for a short position as this overextends. Extremely low float so I wouldn't be surprised to see upside going into Tuesday's trading. Preferred Strategy: Long $17 Break / Short $19.50 Break.
Was bullish since under $0.55. One of Monday's profitable plays that I missed. Liking the move to $0.64 HOD, showing potential for a gap fill attempt tomorrow. Very recent gap so I would not be surprised to see a quick fill followed by downside. Preferred Strategy: Short After Gap Fill
Set up for a potential breakout past previous highs. Problem is, current volume does not qualify for a true money making move. As said before, a very thickly traded name so even with current high floats we can make substantial moves off of this name. Current resistance sits heavy @ $1.40 - $1.43. Bullish Past $1.43
Sporadic upside price movement and volume. I'm looking for a resistance build up above $5.50 to hold short. Preferred Strategy: Short spikes