SHMP appears to be operating in a lovely falling wedge that will likely be coming to it's end at the end of August . Sounds like a perfect late Summer setup for a 100% or more rise ? Looking at it's previous rises it has a similar appearance . Right now it's at .045 and I'd expect it to continue down this falling wedge pattern to probably .025 give or take . My...
Members, Last week's cannabis rally play NWGFF (New Age Farm Inc.) appears to be back in the buy-zone! We brought NWGFF to your attention last Monday when it was trading at $0.095. Members who acted on our buy-call then had several opportunities to secure as much as +26.73% in total gains as NWGFF rallied from as low as $0.0868 to a high of $0.11. Now...
We can observe trend reversal on Delcath. We've had clear impulsive wave up in June 2017, since then we are in clear ABC correction. Correction should end around 4-5cents and around end-of-September. Following rise should be a huge impulsive wave C or wave 3 which will take us to $1-$1.3 level.
Rumors of merger. Price has bounced up OTC:SOUPQ from the bottom and is headed upwards towards the 61 on fib
As per my previous post I will be aiming for a cover at approximately 0.40. Fading volume follwed by Price Action is leading me to believe this can drop. Happy trading
$REN I will be looking to short depending on Price action at the open. The stock is a previous runner where it managed to almost get to 9.00. However, following four days of solid volume with massive gains, the chart looks over extended and had fading volume. I will look to enter on the open or possibly into the late afternoon to hold over the weekend depending...