Posts

Washout at Open after premarket gap

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Market Scenario: AMD coming out of october 2018 market correction. Trade Scenario: It had a good day yesterday, gaps up pre-market but sells off at open. It dips until it hits the yesterday resistance which is acting as support now and then spikes back up, rides VWAP and make a new high

VTVT Stock

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Although long term chart is down trending, this stock had news of millionaire investor, gained big time on day 1 and run up continued the next day.

CCTC Stock

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Technical OTC breakout on high volume, I dont see any specific news but it kept going.

PTIE Chart

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MNKD +89%

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Pattern: Continuation of momentum after hours Spike Today: +89% Week of the day: Tuesday after long weekend Former Runner: Yes Closed high Friday: No , News is fresh today Premarket Spike: Yes, about 40% Volume Much Higher than Usual: Yes Float: 139 M Todays Chart Stayed pretty much at VWAP at AM, 12 PM and consolidated above VWAP at 2PM Long term chart News: MannKind up 59% on collaborating with United Therapeutics for pulmonary hypertension products https://seekingalpha.com/news/3387397-mannkind-59-percent-collaborating-united-therapeutics-pulmonary-hypertension-products

INNT First Green Day

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Pattern: First Green Day follow through momentum Spike Today: 25% Week of the day: Tuesday after long weekend Former Runner: Yes Closed high Friday: Yes Volume Much Higher than Usual: Yes Float: 13.7 M Daily Chart News: (08/31/18) Shares of Innovate Biopharmaceuticals (INNT) were 34% higher in late trade on Friday as the clinical stage biotechnology company focused on developing treatments for autoimmune and inflammatory diseases plans to host a Clinical and Scientific Update on Sept 6 in New York City

Top Gainers, Mon 11/22

1)LTBR    -Gained about 57% on patent of innovative nuclear fuel design    -Comments      Spiked until around 1PM, then faded       -Possible trades:         4ema pull back, 2-3 day rest pattern, Friday AM spike         Buying Big Panics 2)FTR    -Gained 9% on news of nextwork epxpansion    - -Possible trades:         4ema pull back, 2-3 day rest pattern, Friday AM spike         Buying Big Panics