Watch List for 08/31/17 from Alex

 

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AVEO: Started a swing short today. Looking for all pops risk on $3.60s. Something smells fishy here. Been a lot of weird action on the tape for the past few days. We’ll see what happens. Not looking to chase / fight this though. Will be my main watch.

LINU: Morning move, pulled back, and ended up holding pretty well for the rest of the day. Looking to short pops tomorrow risk on $2.40s… IF this breaks and holds can really start ripping hard. Hopefully we get a massive jam in the morning. Would absolutely love a multi-day push to $3.50

FSNN: Day 4 tomorrow and likely buy ins starting. At this rate a jam on $4 would get me interested. Not looking to chase a weak open. Seems like too many shorts are stuck here.

OHGI: Took a small piece short overnight. In a perfect world we get a gap up $1.30-$1.40 and then some failed follow through momentum. Higher the better for tomorrow!

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Recent Blogs + FREE Webinars:

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