Bullish Picks

Symbol | TPTX |
---|---|
Name | Turning Point Therapeutics |
Industry Group | Medical |
Pattern | Resistance Break |
Next Earnings | 8/4/2020 |
COMMENTS: After a strong showing in Thursday's trading TPTX has closed above yearly Resistance. This is good news for a stock that was trading at $48 on the day Covid was declared a pandemic and is currently trading at $68.57 increasing share value by 69%.

Symbol | PLMR |
---|---|
Name | Palomar |
Industry Group | Finance |
Pattern | Resistance Break |
Next Earnings | 8/10/2020 |
COMMENTS: Palomar had an incredible 14% gain after a gap to the upside on the open. Tomorrow will be pivotal to determine if price will hold or go for a gap fill.

Symbol | CMD |
---|---|
Name | Cantel Medical Corp |
Industry Group | Medical |
Pattern | Trendline Break |
Next Earnings | 6/4/2020 |
COMMENTS: CMD has been forming a triangle over the last few months and has successfully broken out to the upside. We can see a potential resistance near $60.
Bearish Picks

Symbol | FARO |
---|---|
Name | Faro Technologies |
Industry Group | Computer Tech |
Pattern | Resistance Fail |
Next Earnings | 8/5/2020 |
COMMENTS: FARO has sold off sharply after testing a two month resistance. If this continues we may see price head back to $50 range. A retest of Resistance could show prices move to $65

Symbol | CTSO |
---|---|
Name | Cytosorbents |
Industry Group | Medial |
Pattern | Trendline Break |
Next Earnings | 8/4/2020 |
COMMENTS: CTSO hasn't really been affected by the COVID pandemic and with stock prices soaring 102% this could be the first test in the CTSO armor. Watch to see if this stock holds at the May gap.
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