CASI Pharmaceuticals, Inc.CASI ---> Shares of CASI Pharmaceuticals, Inc. rose more than +16% with strong volume on Friday. Price seems ready to leave the Bottom Area toward its 200 Moving Average, providing to traders a possible ~30% upside movement! Technical Indicators on chart are solid, showing a strong Bullish Momentum on price! So, my trade idea is trying a buy at $4.28 with target at $5.50 and a -5% for stop loss.
Advaxis Inc.ADXS ---> Shares of Advaxis, Inc. rose more than +10% on decent volume from which seem a possible bottom formation. Technical Indicators are curling up which means that, a Bounce could be on the move now!! Worth try a buy at $0.52 with target $0.60 and $0.70 and stop at $0.47.
Heat Biologics, Inc.HTBX ---> Price had a steady session on Friday, with shares rising +6.60% on decent volume! Also, it is about to break up its 50 Moving Average! If this Momentum continues, it could reach its 200 Moving Average fast! One thing that like on this setup is its Accumulation, which is very high since June. For DayTrade i suggest a Buy at $1.79 with initial target at $1.98.
Onconova Therapeutics, Inc.ONTX ---> Bounce mode is activated! Go long at $4.53 for a possible squeeze to $5.70! As always, -5% stop loss advice.
MoneyGram Intl, Inc.MGI ---> Shares of MoneyGram Intl, Inc. are trading under extremely oversold conditions! When bounce comes after this situation, could be really strong. For now, price seems found the bottom and technical indicators on chart are displaying the first positive divergences! So, we may have here a great Buy Opportunity with a huge chance of reward! Buy at $2.26 and put stop loss at $2.00! I´ll try a +30% profit if take off.
Tonix Pharmaceuticals Holding Corp.TNXP ---> Tonix Pharmaceuticals Holding Corp. are trading at bottom level providing us another great Buy Opportunity! If we look to the divergences on chart, we can deduce that volume in last trading session, which was strong, was also Bullish! So, buyers are coming back and a big upside movement could be on the verge! My trade idea is a buy at $0.56 with a purpose to break its 50 Moving Average! Stop at $0.47.
Arlington Asset Investments Corp.AI ----> Arlington Asset Investments Corp. is showing us a nice chart, with lots of positive divergences! This setup which has 12% of short float and 27 Millions of Float Shares, is about to realize what i call, a Base Breakout!! I´ll be watching its performance on the break above $8.78! On volume, it could make a great squeeze.
Fortress Biotech, Inc.FBIO ---> Called it a few times last week on my Twitter and Stocktwits when it broke above $1.15! Fortress Biotech, Inc. is now on the verge to break its 50 Moving Average, and if do that with decent volume, it can run really hard as it will get a very clean room ahead! Chart is displaying a huge Buying Pressure here! I suggest a buy at $1.30 with target $1.65 and -5% of stop loss.
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