its early pre-market after a weekend, the big guys arent on the board yet. nite went back the spread from friday but i expect the bid to be up to 10 after a possible morning shake, though might take until tomorrow.
it may be a long week but i think by wednesday/thursday things start to look better. we had a strong sto k crossing d on friday. still under that 20 line but should get over that pretty soon.
the hourly is a little over bought after breaking the last resistance so it may need to reset. looking at that one more closely unless we have a strong morning it may struggle until mid day tomorrow going into wednesday. based on this chart we could have news by thursday, not sure what, but then again we do better without news right?
either way i think this week being good or bad will be based on how much our buddy bp shows up :) but the spread is good for now, lets see how it fills in. i am sure etrade will be in at 9 or 10 and ask for 11/12. doms should move up. hdsn isnt really on the board yet either and should follow the rest and i expect vndm to move up with the rest too.
what i really want to see is where ubs stakes out. 9+ on the bid is great, lower is ok so long as their ask is well above the rest.