AAC entered on Tuesday a huge 3$ gap between 11.20 and 14.20 - it briefly tried to break 13$ and was rejected. On Wednesday it offers a big profit opportunity, although it's unclear on which side to bet.
It'll be interesting to see how the premarket evolves and whether it'll already be over 13$ at market bell. I...
Very big volume yesterday but the price respected the resistance of its IPO price of $6 (www.nasdaq.com)
Difficult to predict how it is going to move today. If it starts rallying at the bell, it might go up to 6.50 again and offer an opportunity for 30-40c gain.
Trade volume on ZGNX has been increasing in the past few days and it's approaching a resistance at $15. If it gaps again at open today at 14.70-14.80 there might be an opportunity for a 20c gain up to $15 - after that keep an eye for bounce or breakout potentially up to $16