AKER - on the watch for it to go full supernova and go above $1. That would have to be another 100% move off of its close which was 30% move on Friday so that have to be backed up with some news.
4 green days in a row so overextended multi day breakout plus very blog off volume on friday.
That's the sign of tanking in a very near future. Also SPY went down over 2% so gotta be careful.
My play.
1. watch for the news PM (there's a rumour they might come up with FDA approval)
2. if bounce at the open then buy @ .42 with risk of previous open @ .38
3. if it breaks .64 it might go up, but no further than 1.10 as there's a resistance/support from Mar 2016 and 2017 end of Jan and mid Feb.
4. Otherwise just watch.
Posted Feb 04, 18 4:38 PMbyvootz77
Tickers
AKER
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