"To help ensure success, practice defensive money management. A good trader watches his capital as carefully as a professional scuba diver watches his air supply." Alexander Elder
Good morning
Equities are lower in premarket as it appears we are getting a bit of a reset in prices which should be a good thing once we find some support. Where that support may be is anyones guess. It could be the 50 sma for some indexes and sectors or it may be the 200 day only time will tell. Trade war fears are still front and center and the China market has officially entered bear market territory closing 20 percent below its recent January high.
ACRX AcelRx Receives European Commission Approval for DZUVEO gapping in premarket potential day trade with setup likely to raise capital soon
CARA Cara Therapeutics Phase 2/3 Trial of I.V. CR845 Meets Primary And Secondary Endpoints currently halted likely going to be a gapper also potential capital raise soon could set up for a day trade and we may see some sympathy plays in the cannabis space ZYNE could be one to watch Big gap open testing 24 price resistance look for intra day setup
Great looking daily setup small float would like a potential swing entry in the 11- 11.50 range the 50 day would be even better
former runner can be a pop and flopper potential 4 test and roll need volume do not chase tiny floater
NOG Northern Oil And Gas Reports Deal To Buy Producing Assets In Williston Basin Of North Dakota From Whiting Petroleum For $5M In Cash, 500K Shares Of NOG Stock Good looking setup on the daily potential 3 roll
Good looking setup on the daily looking for a potential 4 roll with volume could be a day trade or higher risk swing
RKDA spiking up 4.5% to a high of 10.48 on high volume
Signals Arcadia Biosciences Shares Rise 15% Premarket; Co and Farmer's Business Network Announced Partnership for Arcadia's GoodWheat Gapper tends to pop and flop do not chase look for intra day setup
WWE Terms For New Deals With Comcast's USA, 21st Century Fox's Fox Sports: Annual Average Rights Fees For 'SmackDown,' 'Raw' To Increase From $130M Under Previous Deal To $468M big gapper testing all time highs small floater extended could setup intra day for a scalp
Gapper thin one tends to pop and flop do not chase MDGS
Medigus Shares Rise 62% Premarket After Co Announces Entery into Orthopedic Market with New Development and Manufacturing Agreement for Integrated Visualization Device with A.M. Surgical Inc.
Potential sympathy play to CARA 50 day SMA bounce spot small floater
Potential sympathy play to RKDA but it has a tendency to pop and flop do not chase full disclosure I have a position in this one would like to see a 2 test
