Happy Monday! This Monday brings some promising opps, hopefully the stocks cooperate. Trading first hour/last hour give or take this week as I’m on vacation and will be limited. Here is what I’m watching:
NKTR was the big winner for me last week, still floating around in the 0.90s consolidating. I think the key level for me is 0.86 so if it breaks down under that and then fails a few times, may be over for this one. Hoping it holds up for another leg.
WKHS is back under a buck and was a decent trader Friday. I like the way this one trades most of the time, not expecting a big day out of it but probably a few singles.
MULN is sitting right at $1 in premarket after the r/s on Friday. I mostly missed the good dip buys on this one playing CANO the other day but will be watching it closely today. No doubt it fades under 0.50 in the coming weeks/months but it’s such an obvious short it may have some good upside first.
TSHA not sure how this one might open but reminds me a bit of MF in premarket and I did have some success trading that one in the 1-1.50 range so will be watching this one for similar move. Previous close of 0.739 so will have tight halt bands. Watch for weak open to soak then circuit party.
FRGT up on strong earnings, it’s been pretty wild in premarket so I won’t be trading this one with any significant size but could have some good pops early.
CANO will be watching this one for bounces, was a great trader Friday morning and will likely offer some good trades today as well.
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