MOTS Swing IdeaSmall description on chart. This is all JMO, I am not a financial advisor. Please DYODD
MOTS
How to Play Penny Stocks - MOTSThose with smaller portfolios who risk losing their day-trading minimum capital of $25,000 should study this chart.
MOTS had two great opportunities so far this year - both of which could turn a small account into a sizable one.
Looking on the 4 hour time zone, we clearly see the best oversold opportunities in which the stock cannot fall any further down.
We wait for and buy on those two opportunities, and turn $35,000 into over $50,000 or even $100,000 in a month to three months.
Talk about impressive but risky gains!
How risky do you think it is to buy a penny stock when it is so oversold?
Best regards
MOTS Should have a nice bounce from hereLikely around a 40% upside potential, Take profit around 1.4$
Blue line is normal trendline support
Red line is Log chart support
Take profit is 0.5 - 0.618 Fib of previous bounce
MOTS Retesting Last High?MOTS is on an upward trend. This biotech company has only been trading for several months and has started to trend up after testing its support at $4.35. Analyst price targets for long term have MOTS going to as much as $12. If this can break through its high of $7.87 from 12 days ago we could see a blue sky break out. On the 5min chart it is showing a bull flag.
MOTS Spikes On Volume and PT of $7 (Zacks)Looking for a continuation of MOTS spike up on volume and price target from Zacks of $7. No previous resistance above $7.85, possible blue sky break out imminent. MOTS is a bio tech in GI field and has only been trading for a couple months.
