Swing Trading Watchlist 9/10/17 $MNOV $ARDX

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Stock Watchlist

MediciNova Inc aka $MNOV is on watch for me this week. This is a swing trade that could potentially run up into October 28th when they announce Phase 2b data on multiple sclerosis. Very speculative play and the chart is not very encouraging here. A few key biotech traders are discussing its potential though which is always a good sign! One to watch for sure though.

$ARDX – Phase 3 IBC-C data will act as the catalyst for this one. The data is likely to be announce early in the fourth quarter. I prefer the story and chart for this swing trade with the potential gap fill being huge! Keep this one on your radar as we start to approach the catalyst date and see if it starts to get some momentum!

 

More top stock picks to come this week!

Wesley.

 


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