Today I am watching ALRN for a possible swing trade entry. I like the retest of the uptrend line and also the test of the 50 MA and close over the .23 fib level.
I am also watching INMB and FBIO for bounce plays. Lastly. SNGX is way too cheap for a biotech with such a robust pipeline. I may add SNGX at these levels.
CDEV - It looks like it could be in the early stages of a reversal as the most recent candle tested the 200 sma and closed above the .50 fibonacci level. A tight stop is necessary until the reversal
Premarket looks mixed and given the recent market dip I will wait to see where things are headed. Watching: TGB, SXOOF, NLST www.tickerstickers.net
EGAN - The most recent candle tested 2 fibonacci levels and closed above the .23 level and also above the 9 ema . The MACD is curling up and the D+ indicator is crossing the D- on the ADX . Targeti
