Trade Plan for 9-17-2015 – $AERI, $ADXS, $CANF, $COLL, $ITCI, $WGBS

AERI

$AERI Waited for a para but didnt take it, see above photo. I just hate to enter pre market on these crazy runners. Will watch for another squeeze out para Target: $36

$ADXS SS @ $20.00

$CANF SS @ $3.00

$COLL SS @ $23.00

$ITCI Not my standard play, but I’m going to try and buy dips. Long @ $50.50

$WGBS Just watching hoping it gets crazy. But not interested at this $2.00 level

Watchlist for 9-17-2015 – $ADXS, $AERI, $ITCI, $MXWL, $COLL, $TAP

Today’s Plan

Considering the market seemed to be nonstop grind up yesterday I’m surprise by the lack of interesting setups on the “gainers scan”. Not a big fan of all these higher priced stocks to watch, there is hardly anything interesting in the $5-$15 range. After a frustrating day yesterday breaking my plans I am going to firmly stick with what I decide at 9:15AM. If that means I make no trades today so be it. But had I stuck with my plan yesterday instead of entering early I would have had a handsomely profitable day instead of a small loser: Yesterday’s plan for 9-16-2015

Today’s List: Full list from Yahoo Finance

Advaxis, Inc. (ADXS) -NasdaqCM

Same plan as yesterday, short on $20, stop on $20.25

ADXS

Aerie Pharmaceuticals, Inc. (AERI) -NasdaqGM

Huge move afterhours, will watch for a para short squueze, assuming tons will enter this pre market and at the open.

Target: $35+

AERI

Intra-Cellular Therapies, Inc. (ITCI) -NasdaqGS

Avoided this all day yesterday, glad about that, looking for squeeze move.

Target: $50+

ITCI

Maxwell Technologies, Inc. (MXWL) -NasdaqGS

News of deal with GM but I’m dubious about this move. Probably wont trade this, but I’m interested if it gets up to $6.50’s.

MXWL

Collegium Pharmaceutical, Inc. (COLL) -NasdaqGS

Target: $23.00

COLL

Molson Coors Brewing Company (TAP) -NYSE

Looking for pop and then fade.

Target: $83.50

TAP