Background Image

Blog

June 26th 2018 Pro Pre market Prep



"Remember this: When you are doing nothing, those speculators who feel they must trade day in and day out, are laying the foundation for your next venture. You will reap benefits from their mistakes" Jesse Livermore

Good morning
Equities are slightly lower this morning in premarket with along with gold, oil is flat and the dollar is up slightly.
Join me Link https://join.me/917-384-581


ACHV Achieve Life Sciences Earlier Announced Positive Cytisine Data Demonstrating No Clinically Significant Drug-Drug Interaction, Suggesting that Co.'s Cytisine May Be Administered With Other Medications Without Need To Modify Dose; Shares Up 27.6% Premarket gapper they need cash day trade only if you get a good setup

Held up well yesterday in a tough tape could be a higher risk swing because it is a biotech flirting with a 5 roll look for a red to gree with a potential 4.40-4.60 entry

BLDP Ballard Subsidiary Protonex Receives $1.4M Power Manager Order From US Army
Could be in a bounce area there is a short out there that has been hitting the company with several hit pieces

CIDM Cinedigm Q4 Sales $17.7M Down From $19.6M YoY, Adj. EBITDA $6.3M
Cinedigm Shares Up 11.8% After Hours Following Q4 Results small floater tends to be a pop and flopper could set up for a day trade


RDVT and FLNT are the remaining companies after a spinoff both of these have good looking setups on the daily there have been significant insider buys in FLNT and could be one to consider for a swing or long term hold play looking to potential start building a position in this area

NAT Nordic American Tankers Limited Provides Letter To Shareholders, Says Co. Is In Financial Position And Continued Focus On Dividend pulled back after recent run more of a swing or long term hold play shippers have been acting strong recently I had the perfect limit buy set on this and I pulled the limit buy it hit and then took off looking for a new setup 2.30- 2.50 could be entry target area

OPNT Opiant Pharma Reports Receipt Of First Tranche From National Institutes Of Health Grant For Development Of OPNT003 For Treatment Of Opioid Overdose UPDATE: Opiant Pharma Says Will Receive Initial $500K Grant For Development Of OPNT003 Potential bounce play very tiny float do not chase potential play with volume

Tends to be a pop and flopper OPTT Ocean Power Tech Receives Patent To Optimize Energy Harvesting
Ocean Power Technologies Shares Up 14.5% After Hours After Receiving Patent For Method Of Controlling Wave Power Generation Equipment To Optimize Energy Harvesting In Low To Moderate Sea States small floater could provide a dead cat bounce play


RDHL Ladenburg Thalmann Initiates Coverage On Redhill Biopharma with Buy Rating, Announces $20 Price Target setting up on the daily could be a nice bounce play on a pull to the 50 day around 6.50 or so

Flirting with a 9 roll 3rd day of the move could be a swing play on a pull to 8.50 or so

REPH Recro Pharma Reports Publication of Phase III IV Meloxicam Abdominoplasty Data in Plastic and Reconstructive Surgery Global Open JournalR they had a CRL from the FDA could get a bounce for a day trade off this news small floater I would not hold overnight

HOME Morgan Stanley Upgrades At Home Group to Overweight, Raises Price Target to $47 could be more of a swing play sitting on the 50 day small floater 34.50- 35. could be ideal entry spot