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AKTX: Ideally open push back into high 6s/7 area for the short back down.
ATOS: I think this has to get sub 5 to be truly dead, ton of volume today and anything is possible still, but if it holds mid 5s tomorrow morning, I’d be on alert for the long trade, otherwise it should be done and a short on pops. Ideal scenario for the short would be a premarket gap up and rush on 8+ our of open, but not expecting that, it seemed to squeeze out quite a few shorts this afternoon into close.
QTT: Looks like they trapped some shorts playing the lockup trade past two days, but seems to be leveling off now and I like the short swing idea here with a 14 guide to stop. Target $11ish.
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See you out there!
– D
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