Repros Therapeutics, Inc. RPRX
We’re looking at RPRX as a potential momentum-play this morning. After drastically falling off of a precipice at the end of last month, the stock spent several weeks stepping its way down to a new 52-week low. However, in the few sessions since that time RPRX has been making a nice rebound that warrants our putting this play on watch today.
As you can see on the included chart there are a number of bullish signals in effect. There’s also a good bit of real estate between the current PPS and the next area of resistance on the chart, thanks to the stock’s big decline in October. A return to levels prior to that point would mean gains approaching the 100%-mark from here, so we’ll reserve a space on our watchlist for RPRX.
Pleasant Kids, Inc. PLKD – Options
Since our first mention of this stock back on October 13th, we’ve witnessed one heck of a run from PLKD, with very few setbacks along the way.
We’ve showed the epic move the stock has made using a trendline on the following chart, running from our observed low of .0581 all the way up to the new high registered on Friday. at .279. That’s a mammoth 380% swing, and with the way things have been going for PLKD of late, it would be a mistake for us to let it slip off of our radars at this point.
The Bon-Ton Stores, Inc. BONT
BONT has proved itself to be an immensely successful bottom-call for us over the past week. We re-introduced this past winner on Monday morning, upon which time we would witness the stock trading at a low of 1.25. It proceeded to record four consecutive sessions of higher highs and higher lows throughout last week, just as we’d hoped to see.
BONT’s fantastic recovery carried it to a new high of 2.83 on Friday, which represented an intraweek increase of 126%, congratulations to anyone who made a play on BONT during the short week!
Extended Watchlist:
ARWR, AVXL, CEGX, FROT, LATX,
