Watch list 12/8/2015

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DEST - Took a small over night position in this stock. Has had near perfect break outs the last three days. If 

       it can break out again tomorrow I will aim for anywhere between 30-50 cents a share. I got in at 7.25 and

       there is support at 7.20 on the daily chart. I will cut losses it if drops below this range. 

       * Sell after break out over 7.30 * Earnings Float: 12.55M

 

APIC- This bounced off previous support beautifully and had .65/share of upside after this point. The top of the

      range is 8.60 so I will be looking for a break out over this. Support is .10/share lower than this. I will

      also be looking for dip buys on this stock as today was awesome on it. If it bounces off 8.00-8.20 it will

      be a strong buy for me! I would exit the position if multi day support/previous resistance cracks under 

      7.90.  

      * Dip buy 8.00-8.20 RR 4 to 1 * * Break out 8.60 RR 3 to 1 * Earnings Float: 12.06M

 

EFUT - Huge runner of more than 2 dollars a share. Provided dip buys virtually all day. Tech sector might be

       hot right now apparently as the over all markets were down today. 11.50 is a key level of  multi day 

       support. Should it dip here a possible buy for me with the previous level of support .10/share lower, 

       obviously cutting losses at this point if it cracks support here. The upside is potentially a dollar, but

       I would plan on taking profits if it gets to .50/share higher. I will also be looking for dips at other

       key levels of support 

       * Dip buy 11.50 RR 5 to 1 * Previous super nova Float: 2.98M

 

ATV - A delayed morning spiker for basically 4 dollars a shart it ended up basing closer to its highs, but is 

      still some what mid range, either way if it breaks out at 10 it will be a potential buy for me with at 

      least .50/share of upside to look for. Though it is already nearly a dollar off of ten you could probably

      justify getting in before this break out with a plan of selling near 10 which has roughly been multi day

      resistance now. Price action would have to be there though with strong volume for that to take place! 

      * Break out 9.25 RR 3 to 1 * Break out 10.00 RR 2 to 1 * Previous runner Float: 4.57M 

 

AMBS - this company is presenting tomorrow at 10:15 AM EST and it is already up pretty big. This very well may

       be a buy the rumor sell the news type of situation, but because of the low price of the stock and the p

       price action leading up to this, if people like what they hear in the presentation it very well could keep

       going! No play until after the presentation however as this could go either way and it is too risky to 

       hold through news. 

       * Wait for presentation observe price action...play accordingly * 

 

XBIT - Positive phase III news on their drug. Crazy strong up trend of six dollars today came down three dollars

       a share and held support into A/H at 13. This is a watch going into the open with 13 as support. If it 

       begins to uptrend on very strong volume it is a potential buy with anywhere to .40-1.00 in profits to take.

       It did hold support earlier in the day near 13.20is so this is risk if it goes against me.

       * Break out 13.50 RR 4 to 1 * Positive Phase 3 news float: 16.54M

 

IDRA - Positive Phase I/II news that has spiked the stock up by .50/share today. It did run on earnings a couple

       weeks back as well. Potential buy if it breaks out at 4.40/share while using near the close of day as 

       support, if support is cracked obviously cut losses quickly, but If it breaks out then look to make .30

       a share. Volume really needs to be there on this one as the float is MASSIVE!!!!  

       * Break out 4.40 RR 3 to 1 * Positive Phase I/II news Float: 109.98

 

ARWR - A speculative bio tech that isn't even testing on humans yet, but they have amazing results testing on 

       chimps. 78% exhibited signs of immune reactivation for Hep B. I will watch for a break out over 6.40 and

       take profits around .50-.70/share if price action is very strong. I would use previous resistance on the

       daily chart for support at 6.30-6.34. Get out of position if it should crack this level. 

       * Break out 6.40 RR 10 to 1 * Positive Hep B drug news Float: 58.91M