ABSI Trade on Jan 7, 2022 07:22 from BanalityOfEvil: Tradervue User Stock Trades.

ABSI – Premarket Gapper Scalp with MOMO potential – 118.47

leading gapper, collaboration news with MERCK, float is a little high @ 60 million shares, could be interesting over 9.50 up to 12.

Long term resistance @ 10

gapped up from 7 to 9 after hours, pulled back in premarket to 8

@ 7ET some volume started to pour in, expanding, testing and breaking vwap of 8.50, respecting 9ema

@7.25 additional volume came in at 9 confirming the hold of vwap, got long feeler 150 shares

Sold 50 shares @ 9.75 as afterhours high was broken, holding 100 shares

Looking for potential move to 12 on this today If can get over 10.50
ADD on first pullback and consolidation above 10

@ 7:30ET Broke 10 but support on tape is not very clear and would like to save bp for after the open, decided not to add, may go higher

R2S @7:39 10.31 seemed to be some support, but 30k shares of support showed on the tape at 10.28 and got blown out, decided to take my profit.

Just wanted to get green before the market opened.

Keep on watch for the open

@ 7:42 ABSI has broken 10 with a little selling volume, no engulfing red candles, but not holding up 10 yet

@9:05 APPROACHING 10 AGAIN, KEEP ON WATCH FOR THE OPEN