I am up slightly today, mainly due to CALL. My favorite biotech IMUC is falling apart, but I am still going to hold it for future run ups and catalysts. The price is currently in the volume void. IBIO looked good today, rising to 69 cents in morning trading. My positions and their charts can be found here. Anyways, let me get to some patterns you might want to see before the close. Here they are.
My favorite is actually CALL, one of my positions. The chart is below. Stop under 16?
I opened this under the Devil’s recommendation within The PPT. I own it at about 14.00. The short float is over 40%, which will give fuel to a short squeeze should the price break the resistance. There is some overhead supply at the 200MA, where I will consider selling.
