Day Ideas:

$PZRX Short Biased near $3. Could easily spike to $3.50 or higher so be careful! Tight stop here with a goal of this failing back towards the $1’s.

$SYRX If it can hold $0.30, I’ll consider going long with the goal of this hitting $0.40 or higher. Needs more volume so watch in the morning.

$PRZM Need more volume! If it can gain steam, I don’t think $0.50+ is out of the question.

$RNVA Watch for a $0.16 breakout. If it can breakout with momentum, I think it can easily get to $0.25. Ideal entry $0.12 Risk: $0.01 Goal: $0.08+

 

 

 

 

Swing Ideas:

$EBIO Short on any pops!

$BAS Long 2000 shares @$0.5725 Risk: $0.0725 Goal: $0.25+

$OGXI Long biased if it can hold $0.60. Ideal entry: $0.60 Risk: $0.04 Goal: $0.30+

$AMRS Long biased at $0.90ish. Risk: $0.05 Goal: $0.25+

 

 

 

 

Current Positions:

I’m long 2k shares of $BAS at $0.5725 on Tuesday before it spiked to $0.64. My goal here in the beginning was to see this get to the mid $0.70’s. I’m using $0.50 as a stop loss (yes I know it dropped below that on Wednesday) and look for this to re-test a mid $0.60’s breakout. I’d love to see this get close to $1 but I’m looking for it to realistically get to the mid $0.70’s. I wasn’t around today to really check the market and the couple times I did in the morning, it was hanging around $0.54ish and I was happy. When I checked in towards the close I saw there was a little sell off but managed to find support at $0.50. If this doesn’t get a nice hard bounce off $0.50 in the next day or 2, I’ll look to move on.

 

 

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