9/15 Trading Opportunities Today – MRTX, ALDX, TTOO

The Entry Points

The following videos take a look at today’s trading, and a look back at a few others. The premarket comments on a few are below:

From 9/12 – ALDX – the long-term chart is a big area of accumulation with recent signs of strength, and today outstanding drug news. It will be a multi-month breakout, and we like that part of it also. But on these gaps – short-term need a reaction first to set something up. I will be looking to see if a daytrade potential is there, and bigger picture also.

And 9/14 – ALDX from Tuesday premarket – the gap and the selloff – many approaches. HALO with real good news about a Roche licensing deal – attempting to also be a multi-year breakout. Looking at SMMT and ARRY as bounce potential.

And 9/15 – Stocks – ALDX was a huge winner yesterday. It was discussed first on Tuesday, and then again yesterday. Hopefully some of you traded it and took profits. It had a big surge in volume into the close, and is suspect for now, but there could be an early bounce daytrade. Speaking of bounces, from the comments yesterday, ARRY had a great bounce and is continuing today. TTOO has bounce potential today. And MRTX has excellent drug news and will be very active.

Other stocks besides ALDX 9.45-10.50 bounce, – MRTX, MRNS, DVAX, AEMD, SQNS.

 

 

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About traderscott 729 Articles

Trader Scott has been involved with markets for over twenty years. Initially he was an individual floor trader and member of the Midwest Stock Exchange, which then led to a much better opportunity at the Chicago Board Options Exchange. By his early 30’s, he had become very successful in markets, but a health situation caused him to back away from the grind of being a full time floor trader. During this time away from markets, Scott was completely focused on educating himself about true overall health and natural healing which remains a passion to this day. Scott returned to markets over fifteen years ago where he continues as an independent trader.

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