Spiked on contract from 1.02 to 3.65 (new 52w high) before gravity set in, faded off to close at 1.92. Fading continued as low as 1.60s a/h with a slight bump to 1.79 at eod.
Keep on watch for another morning spike, don't expect anything near 3, possibly 2.25 if it b/o above 2. Most likely will continue to fade, long term chart shows it doesn't hold spikes.
R/R 1/4 buy at 1.8 stop at 1.75
Nice 100% run, doesn't hold spikes. Just above solid support of 0.25. Wait for the dip in the morning, most likely will fade or panic. Looking for a quick 8-15%
R/R buy at .25 stop at .245
Released earnings on March 16th. Multi-year resitance @ 4.50. 1yr chart is a cup an handle pattern. Made a new 52 week high of 5.39 then faded to 4, perked into the close to 4.35. Short interest is 22.3% (assume some cover after earnings)on a 154 mil float. Has had some 30% spikes in the past but doesn't alway hold them. Needs to b/o 4.5 and hold before buying or a nice dip to former support of 4.10ish.
R/R 1/5 buying at 4.55 stop out at 4.40 looking for .25-.50 catch the dip near 4.10 stop @ 4 for a retest of 4.40
Earnings released 3/15/18. Uptrending since, heavy resistance in mid .8 and .9, if it has good volume it may conitue. 30 mil float with avg volume of 17.4 shares a day, 31.5% short last month. Watch resistance at 1 if it b/o could run
R/R 1/4 buy at .85 on volume Stop at r/g .82
Finaly b/o above 5.45 near the close, next resistance level is 5.80ish. No clear resistance level after that, assume the round numbers 5.75 and 6. Watch for a dip at the open to 5.3 or possibly 5.2 if the b/o doesn't hold
R/R 1/5 buy @ 5.55/5.6 if b/o holds or at previuos support on a dip
Closed strong but a/h earnings release dropped the price. Watch p/m to see if the trend changes, 2 day support is b/w 1.15 and 1.20, if it holds could retest 1.60. Unlikely looking at a/h price action.
R/R 1/5 buy at 1.20 stop at 1.15