*Good morning all
We are looking like we are going to have a positive open with some continuation off of yesterdays strength. We have several name moving in premarket. Unfortunately I was unable to get to all of the names we went over in the Live pre market prep for the Pro members but there is still a good list of stocks here to keep an eye on. I wanted to get this out with plenty of time before the open *
1. IMMU gapper SGEN buying shares @ 4.90 do not chase it I would think it will likely stick around in that 4.90 area if it were to pull to 4 bucks I would be all over it for a trade
2. CTRL earnings winner gapping into potential price resistance Could set up intraday > potential day trade or swing
3. ZIXI hot daily earnings looked decent guidance was conservative and flat but flirting with a 5 roll potential swing or day trade
4. INFN Gapper off earnings worth watching for a pull to 9.60 or so for potential support could be a great entry. Nice flat top breakout swing or day trade potential
5. BIOC and BIOL do not chase either and if you play consider for day trade only BIOC needs cash soon BIOL has a history of being a pop and flopper
6. TEVA full disclosure I have a position that I started at a higher price > a VERY small position that I plan to add to over time on pulls to potential support > this is in my long term hold account and would like to add at 25 to 20 price range caught a downgrade with a 27 target
7. SWIR earning gapper right into resistance of a 20 roll worth watching for an intraday setup could be a swing or a day trade depending on your entry and risk tolerance
8. CHK probably more of a swing or long term hold > very thick stock > huge call interest with an 8 strike. Could be in a bounce spot off the 200 day
Make sure you have a plan for every trade! DO NOT CHASE! Know your risk reward! WHY ARE YOU TAKING THE TRADE>????
Best Of Success Always
Feb 10 2017 Free Friday Premarket Prep from Alpha Wolf Trading on Vimeo.
