AEZS- has closed its gap from 3.35 and is now nicely overextended with a gap to fill below at 1.05-1.11 area looking like a multi day short *news* favorable FDA ruling
TEAR- *news*announced institutional holders list on friday, this stock almost never holds its gains. also near all time highs on the rsi, would like to see a bearish candlestick for a short entry on monday as close to 3.40's- as possible
QDEL- higher priced stock, *news*announcing earnings on july 26th(Wednesday) has the most recent gap to close around 34.12-34.16. with another gap under that waiting to fill around 27.38-27.22. DONT HOLD THROUGH EARNINGS
BCLI- *news*recieved 16 million dollar grant for phase 3 ALS study. has a gap to close from 4.59-4.53. ideal short would be as close to 5.00 as possible if the bearish indicators line up.
$TEAR news was European Regulatory Clearance. The institutional holders stuff is done for a ton of stocks, and wasn't specific to $TEAR. While I don't disagree with your overall short thesis on it, keep in mind it's a 5.43M float that just traded 20.8M shares. Seems to be a high risky play jumping in at $3.40 so fast until you confirm volume is gone and the strength is over and not waiting for the first closed red day. Junk has been running past few months, so I'd be super careful.
@wannabestocktrader thanks for the input! ill be more careful on it now
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