BBAI the next AI penny stock to explode?Having just broken out of an ascending triangle as resistance level on high volume as the stock is getting more attention and money is pouring in. All breakouts can still be tested and there will be retracement to support levels. The downward trendline coincides with a considerable resistance level at around $3.58, which means powerful upside action if it breaks through. This is the only area that should be monitored closely on the longer timeframe as it is can cause a large retracement or a quick rise. Given the previous price pumps the stock has shown it can move at a very rapid pace.
Looks like we are currently still in accumulation phase but with very positive signals and fundamentals such as a 150M+ government contract and a sizable revenue pipeline and market cap, buzz is increasing and investors are starting to notice. This is not a penny stock to ignore.
Bullish.
Trade safe.
Penny
PRTS - Penny stock about to launchPRTS is a car parts online seller. During covid boon, the company grew agressively, so is their share price and market cap.
Since then, not much dilution, 600m NR, P/S is below 0.1!!
Issue is profitability, the company does not have a debt issue, current cash and current profitibability and FCF can last years so no dilution to be expected.
In July, they started a TV commercial campaign, insider buy at 1.09 level for 100k usd. I mean for me this is an obvious play, but at 1.10 below, ride to 2 usd easily. Even then P/S will be still 0.2 and with their transformation of product portfolio, if they post a profitable quarter end of the year, easily we will x3 here.
I put enough money that I will not be sad if I lose. I think we are at the floor prices but anything can happen, this is not classic mag7, yet I see a very nice risk reward with stop loss at 0.95
20 and 50 Golden Cross DailyCertainly!
"When the 20-day moving average crosses above the 50-day moving average on a daily stock chart, it forms what is known as a 'golden cross.' This is generally considered a bullish signal by technical analysts and investors, indicating a potential trend reversal towards a bullish market. However, it's important to consider other factors and indicators to confirm the validity of this signal before making trading decisions.
For Ault stock, this golden cross is currently occurring, marking an event that hasn't happened in years."
The rise of the AI cryptocurrenciesThere's a cryptocurrency related to AI called PAAL AI that has surged 2000X from its low last year. I know, it surprised me too!
Afterward, I examined some of their partners. One of the most affordable in terms of market capitalization, at just $1.7 million, is VUZZ AI.
While I'm uncertain if it will follow the same trajectory, I believe it's worth noting.
On February 8th, 2024, they announced that VuzzMind joined the Google Cloud Partner Advantage Program, which is quite impressive!
MYO a Stock I randomly pulled up and conducted some R/AR/A = Research and Analysis
This stock just randomly chose to after looking at a few robotics stock. I went through a few stocks to show how I conduct my R/A and wanted to see if I could find some ideas and themes to trade. A stock that got selected was MYO. MYO is a company that sells robotic arms to people regain function in their arms and hands. Their product is called MyoPro. This stock might be able to push higher in the longer term (maybe in 2025). The technicals are not good on it. The fundamentals aren't also. And there is almost no sentiment on this stock because there is close to 0% PR on here, expect some articles talk about price movement. But, something that I saw that caught my eye is an individual in Australia used their product, was able to get their function back, and was able to benefit from the Nation Disability Insurance Scheme (NDIS) in Australia. Another that caught my eye is they are attempting to get their product approved for claims for Medicare Part B beneficiaries. If this is approved, the stock might be able to push above the $1 lvl and maybe push above the $2. So, this stock might have some promise. For now, I wouldn't get in because of the state of the economy, high inflation, and rates increasing. There are also the negatives aside from this stock almost collapsing, which is it's competitors and technologies such as Neuralink from Elon Musk.
I am not in this stock and highly likely I won't get in. This is just some research I have done and I am seeing where price is going to move and to see if I am correct.
ACHR a penny personal air transport startup LONGACHR is a speculative penny stock with big momentum this past week for a continuation trade.
The chart is a basic 2 hour chart upside 20% to all time high no revenue burning cash but
improving on putting out the fire. No competition in its intended market. $5.00 strike calls for
March monthly for $75 look good. Once upon a time, I had a fellow ER doc who commuted to
work all the time by helicopter. Cost him some money but it added 10 hours a week onto his
life. He tells me this will be huge in time when the costs and economy of scale kick in. He
believe him 1000%. Buy, buy and then buy some more ( so long as you have your risk
management figured out. ).
Archer Aviation Inc. (NYSE: ACHR), an urban air mobility company, engages in designs, develops, manufactures, and operates electric vertical takeoff and landing aircrafts to carry passengers. The company was formerly known as Atlas Crest Investment Corp. and changed its name to Archer Aviation Inc. Archer Aviation Inc. was incorporated in 2018 and is headquartered in San Jose, California.
Archer’s goal is to transform urban travel, replacing 60-90 minute commutes by car, with estimated 10-20 minute electric air taxi flights that are safe, sustainable, low noise and cost competitive with ground transportation. With a range of up to 100 miles, Archer’s Midnight is a piloted, four passenger aircraft designed to perform rapid back-to-back flights with minimal charge time in between flights.
"Archer Aviation Inc. (NYSE: ACHR) Company Shareholder Snapshot"
Shareholders can expect long term growth and appreciation that is expected from the enormous cash position, experienced management team, and dual revenue streams.
The Company
Raised $1 Bln. of Capital
Went public in 2021 on NYSE
Key Investors: United Airlines, Jeep, Peugeot, Fiat, Maserati, Jet.com, and Moelis group
Key Company Highlights
Industry leading engineering team
COO and Chief Engineer have each previously built 7 eVTOL aircraft
VP of Tesla 100 person powertrain team
Targeting commencement of operations in 2025
"Archer Aviation Aircraft 2 Unique Revenue Streams for Explosive Growth"
The company has two explosive revenue growth strategies that have the potential for long term shareholder growth year after year.
Archer Air - Aerial Ride Sharing
Archers core business
Initially targeting 50% of revenue mix
Grow 70% to 80% of revenue mix over long term
Targeting 40%+ GM
Archer Direct - Aircraft OEM
Can provide meaningful upfront cashflows & revenue diversity
Targeting 50% of revenue mix
Transitioning to 30% over the long term
Targeting 50%+ GM
"Archer Aviation Aircraft Overview Electric Vertical Take-Off And Landing"
Performance
Range: Up to 100 miles, optimized for 20 to 50 mile rapid back-to-back trips with minimal charge time.
Speed: Up to 150MPH
Payload: Industry leading 1,000lbs, pilot + 4 passengers
Advantages
Safety: Will be certified at levels similar to todays commercial airliners
Noise: 100X quieter than a helicopter
Cost: Approximately 1/3 the cost to manufactured and to operate than a traditional helicopter
"Urban Congestion Is Not Sustainable - Archer (ACHR) Solves Issue"
In 2018, 55% of the world's population lived in urban areas according to the United Nations, a proportion that they project to increase to 68% by 2050
Traffic congestion cost the US economy nearly $87Bln. in 2018.
Vast majority of trips in urban areas are less than 50 miles long, but take more than an hour.
Major cities across the world have a similar dynamic, especially trips from airport to city center.
SunPower to report running now Earnings Play LongSPWR is a volatile penny stock; solar energy is hot right now. ENPH is the slow and easy big cap
play. This one is high octane and can go from overdrive into reverse when the shorts catchup.
As for me, I will chase this and setup a trailing loss when the sun goes down. I have alerts
set up for death crosses on the moving averages or the mass index triggers. Bring on the heat of
the sun.
ZDGE an advertising penny stock LONGZDGE stock price is up 150% in 3 months but can it continue. The analysts are projecting a
forecast of $ 7.00, The chart here is on a 15 minte time frame. Price broke out of consolidation
and got above the high volume area 3 weeks ago. ZDGE has quarterly earnings in two trading
days. This could easily be a quick intraweek swing trade expecting 10-50% as a profit for
the week. The call options for this Friday bought the past Friday morning did 285% for
the day. High ris hi reward it is the nature of the beasts that are penny stocks.
High rising volumes and rising relative strength lend support to immediately raising the
position. The caution here given the volatility is the mass index indicator whose signal line
has exceeded the threshold but not yet triggered. Volume and strength fell a little on the
Friday afternoon market close. I will add to the position but remain cautious that this might
cool down in a hurry on the earnings report.
Penny Stock South India Bank MultibaggerSouth India Bank is trading around 8Rs, recently some buying volume seen and seems like in accumlation stage.
Can be good penny investment, as a rule, not more than 10% of your portfolio.
Buying area 5-9 Rs. Targets : 13,20,30+
Risk is limited, however rewards can be huge, it may easily double or triple.
USAU Gold Penny Stock with impeding EarningsUSAU has been in an ascending channel on the 30-minute chart with the rise in spot and future
gold prices. With earnings coming in the next day, price broke out of the channel the top line
of which is now supported albeit without a retest. The relative volume indicator shows
in 3-4X volume surge in the past week while the RSI level is now up from 50 to 75-80.
I see this as an earnings play with a stop loss just below the upper channel line at 3.75 and
a target of 4.5 and 4.75 for a good reward-to-risk ratio. This is a quick swing trade earnings
play to compliment my much larger long-duration swing trade in GDXJ. While an expected
earnings beat is probably baked into the price I am betting that the beat will be significant and
will keep price momentum intact.
Can NVTA reverse and rise?NVTA on the daily chart is in deep undervalued territory at the third lower Bollinger Band.
It put in a green engulfing candle after a Doji candle. The TTM squeeze indicator fired
a trigger while the lower TF RS line is about to cross the higer TF line and the 50 level.
The MACD lines crossed while under the histogram which is a low amplitude green.
The two most recent earnings reports were beats. Price ran 50% in late April and 60%
in early July, I believe that another run is now possible for this long trade setup. Penny stocks
like this have the ability to build momentum and upward volatility quickly.
GNC penny stock LONGIn circumstances similar to May GDC on a1`5 minute chart pumped today for 60% and then
faded to the middle basis band of the Bollinger Bands below the mean VWAP and POC line of
the short term volume profile. The MACD is showing bullish divergence. THE RS lines are above
the 50 level. I have GNC on watch in the after-hours and tomorrow's pre-market to resume
bullish momentum and will enter if price gets over the VWAP/POC at 4.17 especially if volume
returns.
FULC fades after a big move for a SHORT tradeFULC a biotechnology firm with a mixed earnings report early in the month just
printed a big move and then stalled at the NY lunch - hour and faded. Will the fade
continue or will there be an upward continuation? The 15 -minute chart seems to suggest
a downtrend:
1, The volume profile shows heavy trading at the top. This could be short sellers and
late-coming long trades. Once a trend down is underway, the short sellers will begin to
take profits buying to cover while the long trades will sell at a loss. Probably at this level
there will be more longs exiting than shorts until a substantial fall dictates the latter
to buy to cover.
2. New short sellers will pile into the trade pushing price down while few new long traders
will participate in accelerating the move down.
3. The relative strength on that indicator falling confirms the trend as does the Average Positive
Directional Index falling with the combined falling as well.
4. The mass index indicator documents a reversal
Accordingly,
I will take a short trade and assist the trend down in my own little way. I may take a trade of
100 shares and then sell a call option. In the meanwhile, I will take a put option striking
$5.00 for September 15th. I expect a decent realized profit from these trades in this
at least currently high volatility biotechnology penny stock.
AMRX Biotech earnings Today LONGAMRX is a penny biotechnology stock with earnings out on the Friday the 4th.
As you can see on the 15 minute chart, it took off out of consolidation on
Wednesday afternoon in a burst of price volume and volatility into an
ascending parallel channel.
I will buy the stock in the pre-market attempting to exploit the momentum
going into earnings. If there is a miss, I will quickly liquidate and instead
buy put options expiring on 8/18 striking $ 5 and get as many as 100 of
them. This will be a highly risky trade albeit with a comparable reward.
I will position to 0.05% of my account cash balance and no more.
Why Penny Cryptos are LETHAL for TradersCryptocurrencies are often likened to the Wild West.
They are untamed, unregulated, and packed with potential riches.
However, they are also fraught with hidden dangers and potential pitfalls.
One such peril lies in the world of penny cryptos.
They’re cheap, super volatile, and they attract the minds of those who want a quick fortune.
This is similar to a gambling mentality. And You don’t want to go down this rabbit hole.
Once you get in, you find every reason to hold.
You build so much trust, prospects and hope with them.
You might as well marry them and expect the inevitable divorce which will rob you of your money.
Anyways, penny cryptos are lethal, and here’s why.
#1: Huge Volatility with Major Fluctuations
Imagine being on a roller coaster that has extreme highs and drastic lows.
One moment, you’re at the peak, enjoying a scenic view.
The next you’re plunging into a scary abyss.
That’s the world of penny cryptos.
Penny Cryptos are definitely like the wild wild west. They swing drastically in value. This is because of the low value of the currency.
#2: Issued by Small Companies with Little Experience and Knowledge
If the financial world was an ocean, penny cryptos would be the tiny, uncharted islands you might stumble upon.
The kind of islands that do not inhabit life and have erratic waves completely wash over it on a sporadic basis.
Well, in the deep ocean of crypto currencies, Penny Cryptos are these tiny pebbles.
Most times they’re issued by small, relatively unknown companies.
Sometimes they are issued by children in their parents basements.
Sometimes they are issued by gamers who don’t want to work for a living.
Sometimes they are issued by Only Fans sexy girls who flaunt their bits and believe their
currency will go up in value (amongst other things).
Anyways, Penny Cryptos (unlike Penny Stocks) lack the experience, credibility, intangible asset value and knowledge to navigate the tumultuous shitty penny cryptos.
In fact, they call many of these Penny Cryptos Shit Coins – No joke!
Such companies often struggle with regulatory hurdles, lack of funding, and poor management, making their cryptocurrencies extremely risky ventures.
#3: High Target of Scams and Fraud and Even Ponzi Schemes
Penny cryptos can sometimes be the financial equivalent of snake oil salesmen.
Their low cost and relative anonymity make them the perfect target for scams, fraud, and even Ponzi schemes.
And you know how messed up the world is and what kind of trash people there are.
And so, they are Penny Crypto con artists who try to sell their shitty coins only to lead to either a pump-and-dump scheme.
Or to fake an ICOs Initial Coin Offering) gather a whole bunch of money from investors, then make a run for it.
Please don’t fall for these scams!
#4: Illiquid and Low Volume Which Will be Difficult to Get in and Out
One of the most lethal attributes of penny cryptos is their lack of liquidity.
Liquidity, in the financial sense, is like the exit doors in a movie theater.
The more doors there are, the easier it is for people to leave when the movie is over.
In the world of penny cryptos, these exit doors are often few and far between.
Due to their low volume, buying and selling penny cryptos can be incredibly difficult.
If you’ve invested in a penny crypto and its value begins to plummet, you may find yourself trapped, unable to sell and cut your losses.
And you’ll just be stuck in your trade for years on end, while it gathers digital dust.
#5: More Likely to Hit 0 as They are Less Trusted by the Public
Trust is like the foundation of a house.
If it’s strong and solid, the house stands tall.
If it’s weak or non-existent, the house collapses.
Given the factors I mentioned above, should be enough to make you realise.
Any one of these weaknesses with a coin, can lead to a crash down to 0.
And believe you me, most of the millions of Penny Cryptos that are around today – will be nothing more than a remnant of a memory in the future.
300%+ upsideBased on fib levels and elliot wave theory. We might have just seen correction of first wave. Give the extension of 1.618, we go to around 4.
decrescendo dub arcs & reflexive condensationdecrescendo dub arcs & reflexive condensation are two fortunate signs
AVCT if Close above .23 and we Could See a Move to .3As the title suggests, using basic support and resistance structure.
Shyam Century Ferrous Penny InvestmentShyam Century Ferrous Ltd is engaged in manufacturing Ferro Alloys like Ferro Silicon mainly in North-Eastern India. This business was transferred from Star Ferro and Cement Limited as a part of a demerger scheme in 2014.
Co. is promoted by Mr. Sajjan Bhajanka & Mr. Sanjay Agarwal who are also the promoters of Century Plyboards Ltd. & Star Cement Ltd.
Company has reduced debt.
Company is almost debt free.
Company is expected to give good quarter
Company has delivered good profit growth of 59.96% CAGR over last 5 years
51% promoters holding
Technical chart showing good base around 15-20Rs
Can add some for long term investment around CMP 22-23, can add more if it comes around 15-20.
Targets are 25, 28, 31, 36, 40+
For investors there is no SL, however if one wants to keep, can exit below 9.
Please like and follow.
-Saptarish Trading