LED
DAKT - bullish signsDaktronics is leader is electronic sign manuf., but cash flow is negative for past year and not good sign.
See Fib's going distance to high 5ish-low 6's. LED signs should be crushing it, otherwise DAKT as
small-cap better off being acquired. A Sign DAKT needs to get cash management fixed.
Long OLEDI bought in OLED on the dip below $100 and have been adding to the position since. It appears as though it's forming a rounding bottom, and price action suggests higher levels ahead. After forming a bullish engulfing candle on strong volume, shares seem to be consolidating and look ready to make a move higher.
Staying long, buying more.
AVOP chart reversal play ahead of rumored news and financialsAVOP has been a great play in the past and I think it is time again for another go at it. Rumors of news and financials have put this back in play imo.
OLED, trade ideaI keep looking at OLED, because I want to own it for the long run. Short term, it looks weak and could drop further. Stocks tend to, but not always fill gaps. So when a stock opens a lot higher from the previous day close it forms a gap. Eventually the prices come back to close the gap. See the chart. Now, notice the big gap on OLED. I'll look to buy it at $91. I see it going much higher eventually based on the technology. I want to get in this technology.
$AVOP rev generating news & hard dip this week spur interestAV1 Group garners LED contracts and is preparing for Cannabis growing LED light systems. From the recent PR: "Apollo, who will manufacture the lighting product for the Company, has also granted the Company an exclusive license to market Apollo's line of products for Oregon, Washington, California, Nevada and Mexico; all prime cannabis growth territories.
The new LED system addresses and solves a key problem common to all 'horticulture' growers, the timing from vegetative to bloom. The system enables this process to proceed as quickly as possible and increases cost-effectiveness of the growth cycle."
finance.yahoo.com
I like the consolidation at these levels after reaching almost $0.30 recently.
DXY: Slow drift down should pick up speed soonDXY: Price action confirms DXY has broken down but it can't get any downside momentum yet whilst it's being propped up by those two falling support lines (on chart) - but once it breaks below the move should gather pace - some crosses have already broken down like USDCAD - others should follow in due course