Good morning
The huge run in the cannabis sector may be coming to an end. We have seen this movie before and know how it ends so be very careful if you are still playing in the space. There is likely going to be some increased volatility which can provide some quick scalp action but the long play is looking tired.
Click here for the charts of the stocks below
$REFR despite the symbol it is not a pot play > smart tinting glass it tends to be a pop and flopper and it ias very thin just did a private placement and is breaking out of a flat top on the daily Good volume yesterday could see some red to green action do not chase Tel Aviv, Israel and Woodbury, New York., Sept. 07, 2018 (GLOBE NEWSWIRE) -- Research Frontiers Inc. (NASDAQ:REFR) and Israel-based material science company Gauzy Ltd. announced today that Gauzy has lead a group that has invested$2 millionin SPD-SmartGlass technology company Research Frontiers. The investors purchased 2,173,916 shares of common stock of Research Frontiers at a price of$0.92per share (the market price for Research Frontiers common stock at the time the transaction was entered into) and also received warrants expiring September 30, 2023 to purchase 1,086,957 shares of Research Frontiers common stock at an exercise price of$1.10,$1.20or$1.38per share depending upon the exercise date. Potential day trade with volume
$TLRA Breaking trend line and testing 4.50 price resistance fairly new CEO nice bounce off the 50 day on the daily could be a red to green play day trade opp possibly look for the 4 area to hold as support for a bounce need volume
$PRTS Another low float name had a 5 PT placed on it yesterday taking out the 100 ema on the daily could get a 2 test and roll may be a day trade or a Higher risk swing just because of the low float has positive cash flow and reasonable debt has had some nice runs in the past red to green and a 200 day test could be the trade looking for an entry in the 1.40-1.55 range
$EVRI Stifel Nicolaus Reinstates Buy on Everi Holdings, Announces $13 Flat top breakout on the daily and the weekly could be a swing type play 8-8.50 entry area Insider buys in the 6 and change range Gaming and gambling sector has been weak lately this one held up well
$RFIL Nice looking trend on the daily tiny floater bounced nicely off the 50 day could see some follow through and get and 11 test and roll working on a big cup on the weekly RFIL
RF Industries Q3 EPS $0.18 Up From $0.02 YoY, Sales $13.85M Up From $7.808M YoY nice earnings beat could be a potential swing but higher risk because of that tiny float
$TEUM
UPDATE: Parateum Says They Remain Very Bullish In Their Outlook And Stand 'Firmly' By Their Formal Guidance Of Over 80% Rev. Growth For 2018 can be a pop and flopper but good looking daily looking for a 3 test and roll Higher risk swing or day trade with volume swing entry would be as close to 2.50 as possible
$EVH blue skies all time highs may be worth watching for potential continuation or for a pull to an area of potential price support 24 50 area could be ideal for a swing starter
EVH
Canaccord Genuity Maintains Buy on Evolent Health, Raises Price Target to $28
$RLGT seems to be consolidating at this area of price resistance may need more time but a break over 4.75 with volume could send it to the 5 dolla holla could be an interesting swing on a pull to the 4.25 4.35 area also looking at a golden cross on the daily nice earnings beat yesterday
RLGT
Radiant Logistics Q4 Adj. EPS $0.11 Beats $0.06 Estimate, Sales $233.8M Beat $220.16M Estimate
$HEAR
Nearing my price target level to start building another position 18.90- 19.50 would be ideal for a starter and would be looking to add all the way down to the 14 range to build out the full position.
$CVRS Off last weekends watch list looking for potential continuation maybe a red to green move >insider buys there in the 1.30 area could be a higher risk swing play but it is taking out a longer term trend line it is up several days in a row a pull to the 1 dolla holla could offer a swing entry at that level Corindus Vascular Robotics Inc (NYSE:CVRS) disclosed a $30 million common stock offering. Corindus Vascular Robotics shares dropped 7.27 percent to $1.02 in the after-hours trading session. Would like to see where the offering prices but could be worth watching
$CSBR gapping off better than expected earnings potential day trade opp with volume. Champions Oncology Inc (NASDAQ:CSBR) reported better-than-expected results for its first quarter. Champions Oncology shares climbed 17.92 percent to $10.00 in the after-hours trading session. 10 is a big spot to try and get through
$GLW has been a long term hold suggestion for weeks on have presented it on several of my watch lists It is hitting new 52 week highs and considered more of a long term hold play because it it such a thick stock breaking out of a nice tight flag pattersee if it pulls to 34 area what was resistance could become support for a bounce
