PES +11.50% from yesterday's scan idea. Offered a great run in the AM then sideways all day. Gapping up after hour to 6.68.
PTLA +5.89% from yesterday's scan idea. Volume is decreasing, chart looks overextended and stock is overbought. This is a high risk/ high reward type of stock considering the pipeline (e.g., two potential blockbusters). I think we'll see some pulls in the next few days. Ideally, one last push toward 38.50, looking for parabolic shorts only.
GENE +17.41% from yesterday's scan idea. Gap up this morning and then steady fade all day. It's holding more than it should. Let's see where it goes from here. I will try to be patient, as I expect manslaughter. In a few months, I will look back at this one and say: "I should have risked house $$$ on this one"
GPRO bounced off the 45 support area. GPRO is backed up with healthy technical indicators. I think it can go higher despite a huge leg up today +12.48%. I'd be interested to see if it washes towards 49 at the open, then r/g abcd type to go long. This is a pure momo stock that has been taking some huge hits lately (since October) and I feel like it could retest the 55 area short term.
SRPT over 2M shares traded today. Gapping up after hour. Breaking out of a descending wedge. We have a huge gap down to fill from 10/24. I have two mean targets for this one. A conservative one which would get us to 16 near term and a less conservative one for a run towards the mid 18s.
SRPT over 2M shares traded today. Gapping up after hour. Breaking out of a descending wedge. We have a huge gap down to fill from 10/24. I have two mean targets for this one. A conservative one which would get us to 16 near term and a less conservative one for a run towards the mid 18s.
