Receptos Inc (RCPT)

[MiamiGent]

RCPT Forecast Report: RCPT
BY Midnight Trader — 5:51 PM ET 06/09/2014

http://stockcharts.com/h-sc/ui?s=RCPT

05:51 PM EDT, 06/09/2014 (MT Newswires) -- Receptos (RCPT) charged higher in Monday's after-hours trade after reporting its MS drug met the primary endpoint in a study.

RCPT was released from an after-hours halt and vaulted to a session high of 45.67. It scaled back the gains to maintain an upside range of 37.88 to 42.26 through the rest of the evening. A pre-market open Tuesday may have legs surrounding the 40 mark. A tentative near-term floor support formed Monday night at 38 up to 39, levels longs may want to eye as a possible base that could see lift back into the lower-40s.