Here are some long setups to watch next week.
$QIHU is one stock that hasn’t put in a “V” rip like the rest of the world. Because of that I like it, as it is basing nicely. We’re long at 67.50 and earnings are 11/20. A move through 75 can get this going to mid 80’s.
$AMBA- We put this trade on Thursday. Looking for 50
$OVTI looks good for higher prices. A move through 27.50 should take it to the 28.30 breakout level.
$AVNR is a long of ours. It broke out Thursday and came back Friday to retest the breakout spot. You can buy a further slight dip or wait for a breakout over 13.50 with volume. Target 16–17 barring a drug debacle which is always your risk with biotech.
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