NASDAQ:SUPN   Supernus Pharmaceuticals, Inc.
Looks like a bull flag and possible gap fill. If earnings are decent, it should have no problems filling it since >100% of float is owned by institutional holders. It's trading on borrowed shares.

Small play using my WP profits. March 37 calls. Remember, earnings are always a crap shoot.
Commentaire:
Earnings look good, up AH, will probably take 2 or 3 days to get above $40. Hopefully the market doesn't eat ##it later this week, so this thing can go up.
Commentaire:
Bid is over $39 already AH, looks like we just hit $40 on the ask, lol.

I think this might be a good one to hold for a couple of days to $44...
Commentaire:
4.8M shares short interest 800k daily volume, 103% of float owned by institutional holders. Looks like the shorts are going to be paying musical chairs to cover.

Definitely holding until Friday or $44, whichever comes first.
Commentaire:
Looking good, target is $44 - 46 area.

Looking over the numbers, this stock actually looks pretty good, I was gonna put some in my $401k if it dipped this morning.
Commentaire:
Put a few shares in my 401k under $40.5, will double up if it dips tomorrow under $40. Quite frankly a lot of stocks are topped out, and this one is not. No short covering yet which is weird. Volume is relatively light considering the number of shorted shares.
Commentaire:
Would not surprise me at all if this retests $39.5 support (tomorrow?) before it heads up to $46. Not too worried about it since it's trading on borrowed shares to begin with.

Adding more below $40, selling at $46.
Transaction en cours:
Still holding on. UNH tanked today taking the healthcare sector with it. Looks like it's done tanking but the sector might be weak for a while. Will see where we're at tomorrow/Monday and make a decision to hold or bail.

Would have been nice to have a straight follow through, but not every stock is a Ponzi scheme like Wayfair.
Trade fermée manuellement:
I'm taking the rest of the day off, and this doesn't look that great. Flipped the calls.

There's definitely potential here, but look at what the market is doing...
Transaction en cours:
The market stopped tanking healthcare stocks, in for a couple of days to grab a buck or two.
Trade fermée manuellement:
Sold it on open, market looks weak
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.