Monday day trade Watch-list: WKHS (Just released a PR on the new helicopter) DCTH CYTR AVGR WKHS HOS LINU CLSN ADMP MYO TXMD WMT NVDA AMD HTZ
NEOS & LGND with FDA decisions today.
PLTA with FDA on the 24th, they could use some good news after killing people in there last trials.
HALO expecting news on the 26th
Positions: My positions are all currently swings and some are pending reversals, ADAD DCTH AEZS RNVA & decent size on MACK 9m volume in the afterhours at very lows, potential bottoming here. I won't be selling into the lows here despite the $.10-$.20/share moves. It's down $2.90/share so I expect some retracement to $1.40-$1.50 in the near future. AEZS in 2k shares only from $1.07 might add here that it broke under $0.99, triggering stop losses and providing a potential entry. Expecting this set up to be taken advantage of on the $1.00 mark and 14m float. RNVA down to $0.35 mental stop area from my $0.39 entry, only in 10K shares but considering were at 52w lows with a 6m float, many things can potentially happen here on forward. On a relative scale I am in from the lows still... DCTH in at $0.066 with 25k shares, philosophy is to "trade the ticker not the company" DCTH had alot of AH volume on Friday, the hype/news is they were trying to do a r/s but it will not happen. But they do not want delisted and when they went up AH Friday i bought some shares to sell into strength monday morning. I would not be shocked if they release some good news in the next few days or have any PR as I am sure they want to pump up there s/p so they do not get delisted. ADAD is a manipulated, scam "pump and dump" in my opinion, I continue to dip-buy like Tim Sykes shows oh so often its a very good simple strategy, but my entry on ADAD Friday in the EOD panic was small, in at $0.47 with only 4.5k shares since it is so shady and I do not trust it at all.
Momentum was minimum to none this past Friday, it was more of a slow and steady day for stocks like MYO (which has shown so many opportunities) and HOS (another pump & dump IMO), rather than a momentum out of bell type of day.
POTENTIAL SWINGS FOR THE WEEK OF JUNE 19TH
Charts I made above are my picks that I had picked out over the weekend with some research. Swings I still have on watch from last week to this week are in the chart below:
SCANS FOR TOMORROW
Not buying advice, Always do your own DD