GLNNF- This OTC stock has been uptrending and spiking for the past few months. It had a multiday resistance of about .95, and broke over it slightly a few days ago. I did not play this because it spiked 3 straight days from .67 to .95. Also it spiked past .95 in the morning a few days ago and I do not like to buy multiday breakouts on quick spikes. But now this chart is consolidating at higher levels for the past 3 days. It briefly perked past .95 again, but again it was into a morning spike so no long for me. I will be looking for it to break today's high of .9846 for an entry. Ideally on a nice uptrend and not a huge spike. I will only enter if a good risk level sets up intraday. There is really no overhead resistance so if this has any type of news or momentum I think it can get spiking quickly.
DRNA- This stock is a recent earnings winner. The chart looks way overextended, but it is closing green the past two days at higher levels. It has a decently low float of about 12M, but if you notice it can spike big on just 2M volume for the day. I will look to play the multiday breakout over 8.23 only if the volume seems strong. Hopefully there will be some squeeze, and there is no real overhead resistance until about $9. I also do not short earnings winners so this is only a long setup for me.
CERS- This recent earnings winner spiked big on above average volume and was able to recover and uptrend into the close today. I'm looking for it to break 3.67 to go long on strong volume after a nice intraday support has set up. I will not rush into this one because I feel like it really needs volume and momentum to get a run going again. This is also a larger float stock, but at the same time a decent chunk of the float is short and this recent spike might have gotten some more short interest and can potentially spike if it goes higher. If it breaks down under 3.30s it will probably fade, but not a good short bc it is not overextended enough, and it is also an earnings winner which are tough to short.
PYDS- Still watching this recent low float spiker since it is not completely dead yet. Actually set higher lows today in comparison to yesterday. But the volume is fading off so I am not bullish yet, but if volume can come back and it can get spiking this stock can really squeeze and I will be looking for a long over 4.1. But if it runs from the 3.20's to 4.1 too quickly I will just ignore because buying quick spikes is bad.