Happy Monday all. Let’s finish Q2 strong with a little tape painting melt up and maybe a nice cheap runner or two.
INVO looking familiar as these cheap ones have been doing this recently. Big runup early in premarket, give back most of the gains and then base into open and have a few pops before fading. Plan is to catch those pops long and then let it fade.
AVTX gapping down 85%+ this morning after releasing really bad phase 2 trial data on their asthma drug. This one will likely be tricky to try to pick the bottom so don’t, let it find a base and look for opportunities to play the bounce. It dropped as low as 0.43 this morning after closing at 4.42 on Friday. This is a massive sell off. Nothing for big size here but it should have a couple chances to play for bounce.
BNTC gapping up on FDA clearance for their muscular dystrophy drug. Low floater, probably will be pretty volatile, not really my style but will watch for long opps this morning
GOEV almost had a small green day Friday but faded into the close. I think that bounce is coming so will be looking for any positive momentum today.
CLOV this one did exactly what I expected into the end of the week and ran back up towards the top of that range it’s been in, making for a nice day on Friday. Also had a couple good shorts into that fade to close out the week. It’s midrange now so will wait for it to pick a direction then try to join the trend.
NKLA not trading it in this range but I think it either makes another push higher out of this consolidation or unwinds pretty hard back down under a buck so will be keeping an eye on it for the latter.
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