Monday Night Scan for Tuesday the 3rd of June
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FOE - $20 break may trigger a squeeze - this isn’t worth watching for a short as its really not up all that much its been an extremely gradual move. I wouldn’t be surprised if on the first attempt it doesn’t hold $20, in which case I’d watch for dips (any dips .50 cents or so) may be good for an add before it gears up and bust through the $20 mark.
GST from scan HERE has held the $2.00 mark and the volume cannot be ignored. This is heading straight for $2.25 which is the first resistance point after that a break of $2.50 should carry it towards $3.
BEXP I missed this one on last nights scan a beautiful break over $15, if this test and breaks $17 again this could squeeze towards $20, I don’t like this one for a short…
IMGN broke out of consolidation at the $4.50 level. This is a bullish sign, watch for a dip tomorrow, if $4.50 holds this should be a good buy for $5-5.50+
PLM - Three attempts to break the $4.25 level. Watch for the break tomorrow, if it does its probably going to head higher than $4.50 because of higher consolidation compared to last attempt at $4.50 (meaning last move where it tested $4.50 was coming off of lows, this time around its coming from a higher consolidation level of $3.75 so will not be faced with as much resistance as it was the previous attempt at highs)
RPRX - I would play this one similar to LLNW from last nights scan - you can see that HERE.
