GEVO - Gapping down PM. Previous day runner. Watch for morning spike into the 200 SMA @ 9.08. Look for move back down. 8.56 to 7.75 to 5.50 aggressive goal. SL 9.28 and take profits if it breaks above moving averages.
ABIL - Gapping down PM. Previous day runner. Short below 8.71 to 6.81. SL is a break of the 9 and exit is a break of 9 ema
XBIO - gapping down PM after running. Look for it to stay below it's moving averages and test VWAP. If test fails enter for a short to 2.75. SL is .10 above VWAP and exit is a break of the 9 EMA.
AVGR - high volume low float. FDA news. Entry above PM pivot 2.15. SL 2.00, PT 2.45.
GEVO tanked at the open. Would have been an amazing short if there were shares and if I had confirmation with a retest.
ABIL took off at the open. No trade.
XBIO took of at the open and then tanked. Missed the entry below the VWAP bc I was in AVGR.
AVGR entered at test of 9 EMA bc it was showing weakness despite news and was respecting the moving averages. Got out once it popped up above the averages. 3% winner, followed the rules.
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