Watchlist for October 4, 12 Potential Plays
BLDP is now trending sideways. More selling possible if 2.50 taken out. Stop loss > 2.70
CBAK has some resistance at 4.60. Potential on failure to break it or potential long on the break it.
CHTP is a long play if support of 2.90 holds. Long on green. Up on news that their drug wasnt as terrible as it was perceived. Stop loss < 2.80 CYTK stayed below 5.00 providing resistance now. More downside if stock stays red tomorrow. Short on red. Stop loss > 5.00
DEPO is facing stiff resistance at 4.50. Short below 4.50, with stop loss > 4.60
DYAI huge spike on friday. Just watching for now. Waiting for fading action.
HOKU up on news of selling stake to raise capital. Support of 3.20 was broken. Next stop 3.00. More selling possible on break below 3.00
LOCM was up on false press release of being bought out by Microsoft. Potential short on red. Be cautious though, it has a choppy chart.
LUNA jumped higher in the morning, only to fade in the afternoon. However it went down from its highs of 2.70 to 1.80 before jumping back to 2.15. Watching for more spike to short it.
ONCY up on news of phase 3 agreement. Positive news, but possibly scalping opportunity on short side on more spike. Watching for now.
OSIR got pounded down from 15.00 to 6.00 in the last month. However it seems to be recovering from it. Long break above 7.00.
SEAC is a long play on break above 8.00. Slow mover but looks promising above 8.00
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