6/24 Watch List

Novavax Inc. (NASDAQ: NVAX) nice breakout through 10. I would consider a long on a weak open 10.80s-10.90s for a red to green move for 11.50+. Also would consider a short if the risk is worth it on a gap up and strong morning move

NVAX-6-23

Synergy Pharmaceuticals Inc. (NASDAQ: SGYP) watch for a weak open 8 test for a red to green move back on 8.30-8.50. If this stock cannot catch a trend it may fade further tomorrow which I’m prepared for as well

SGYP-6-23

Continue reading

Posted in Stocks, Watch List | Comments Off on 6/24 Watch List

6/23 Watch List

Progenics Pharmaceuticals Inc. (NASDAQ: PGNX) huge fade once the high of the day was put in. Watch for a weak open 7.60s-7.70s to get long with 7.50 used as a guide for risk. Lock some in 7.90s area

PGNX-6-22

Synergy Pharmaceuticals Inc. (NASDAQ: SGYP) pretty much spot on from last night’s watch list although I did not expect it to fade this much. Look for a morning push 8.30s-8.40s to start in short for more fade. Use 8.50 as a guide for risk. Lock some in 8-8.10 area

SGYP-6-22

Continue reading

Posted in Stocks, Watch List | Comments Off on 6/23 Watch List

6/22 Watch List

Synergy Pharmaceuticals Inc. (NASDAQ: SGYP) 8.80-8.90 support zone held well Friday. I think there may be some shorts caught upside down which can fuel a further squeeze but anything can happen. So two plans.. a weak open 8.80s test for a red to green move through 9. Lock in some into 9.10s. Alternatively, if a push toward 9.10-9.20s out of the open short with risk on 9.25-9.30. Lock some into 8.90 test

SGYP-6-21

BioCryst Pharmaceuticals Inc. (NASDAQ: BCRX) getting extended on the daily chart with RSI > 90. Ideal is gap up and rush through 16 toward 16.50-17 to start in short. I think there could be some sellers around that level. Support is 15.75-15.80 area so look to take some profits into a test

BCRX-6-21

Continue reading

Posted in Stocks, Watch List | Comments Off on 6/22 Watch List

6/17 Watch List

ZIOPHARM Oncology Inc. (NASDAQ: ZIOP) weak open for red to green and 11 break

ZIOP-6-16

Atmel Corp. (NASDAQ: ATML) weak open for red/green

ATML-6-16

Continue reading

Posted in Stocks, Watch List | Comments Off on 6/17 Watch List