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NILI.V Possible Trend Reversal & Entry - First AnalysisNILI.V (Surge Battery Metals) Candlesticks: This past week NILI.V closed Thursday with a dragonfly doji candle, followed by a bullish engulfing on friday. The last time a dragonfly doji appeared was on September 9th, which marked a trend reversal that resulted in a 90% in price over 45 days. Technical Indicators: MACD on the daily is about to crossover indicating a possible shift in momentum from bearish to bullish. Possible Entry: looking for a confirmation on the trend reversal on Monday with a candle closing above the downward channel that Nili has been trading in over the past couple weeks. If that happens I will take a long position and be looking for profit taking opportunities at .40, .45, and .50 cent price ranges. I am new to trading and this is my first analysis. Let me know what you think and if I got anything wrong here, any feedback is appreciated!
TSXV:NILILong
by CanuckTraderMike
2
$CHSN Short signal (my trading dairy)I will short trade NASDAQ:CHSN today if it started to rise after open, here is my reason: 1. Market maker sold out: the price reached the resistance level from previous high with high volumes, which means half shares of the market cap has already sold. personally, i think those sold shares belong to the market maker. 2.Negative news: SEC has ordered a suspension of trading in the company's securities on Oct 9, 2024 due to price manipulation activities. 3.Huge remained short volume Compared to the volume and daily short volume of Oct 4th, Oct 7th, and Oct 22th, we could discover there is huge remained short volume. Therefore I will short trade it tonight if it follow my expectation.
NASDAQ:CHSNShort
by xugina78
MHUA Chinese Med Tech Penny StockMHUA is shown here on the daily chart. It is currently trading at about 90% off its high of the year. It is in the high volume area of the long term volume profile suggesting there is sufficent liquidity to support active trading. Recent volume spikes suggest buying volume increases with the spikes being about 10X relative volume. Price is over the POC line of the volume profile demonstrating that buying pressure exceeds selling pressure. Price is at or near to one standard deviation below the mean anchored VWAP and so in the undervalued area as confirmed by the RSI Stochastic < 20 %. Chart patterns include an engulfing " big ass " candle on 5/1 and a three-bar strike with another engulfing green candle on 5/12. Both of these could be considered long entry signals especially when supported by the price above the POC and the RSI. I will take a position risking 0.25% of the trading account to begin the trading week. I am targeting a gain of $15.00 per share being a 50% retracement back to the high YTD and a 300% return on investment. I will take a 100 share position and close 10 shares each time the price rises by $2.00. This will adequately mitigate the risk of a volatile penny stock while adequately rewarding the risk taken.
NASDAQ:MHUALong
by AwesomeAvani
IPW - a penny energy stock LONGIPW on the 60 minute chart has went 3X since a big beat on earnings and revenue a couple of weeks ago Price peaked at the 3.4 area in the post earnings move higher had has now faded to 1.9 in a healthy pullback and Fib retracement. The down trend from the pivot high on 5/17 ended with a bottom and a golden cross of moving averages on May 22nd. The all-time high for was in the range of 8 back in 2022. I see IPW as having as much as 400% upside. I will take a swing long trade and likely carry it to the next earnings in about 11 weeks. The entry stop loss will be 1.7 to be raised as the trade progresses.
NASDAQ:IPWLong
by AwesomeAvani
WKHS a risky penny EV StockWorkhorse could start working again as the 50 minute chart is showing a suggestion of a reversal after a long trend down. Price has passed over the longest moving average which is a SMA20. The EMA cloud ( 100, 200, 300) is starting to turn up and price has crossed over it. All in all, there are some golden crosses here. Blue buying volume spikes are seen on the relative volume indicator and they are about six times the running mean. In a bit of divergence the price volume trend has oscillated up. Overall, this is a penny stock with a price under $ 1.00 It appears to be starting a trend up. I will zoom into a lower time frame and find a optimal entry. I amy get call options as well. The risk in the trade should be limited by a stop loss wide enough to allow for a true range or even twice that. My target is about 1.15 the price level at the time of the last good earnings report. This is about 300% upside. It will probably never get there but hay you never know. Stranger things have happened.
NASDAQ:WKHSLong
by AwesomeAvani
8
NYCB could bounce back from the inflation report LONGNYCB on the 30 minute chart had an abrupt reaction to the inflation report. This is not a surprise. Many traders and investors know that banks make more money when the prime rate is lower because they do not need to pay much on savings accounts and deposit certificates. NYCB has been challenged and is more volatile than the average bank stock being a penny stock with hard fundamental issues. NYCB has reversed and the relative volume indicator shows the flip. Price has climbed back into the lower part of the high volume area of the profile which shows some bullish momentum. I see this as a risky long trade but still take it for the quick 6-7% upside back to the POC line of the volume profile. The stop loss will be the low pivot of the prior trading session.
NLong
by AwesomeAvani
BCAB post earnings is set up LONGBCAB a medical technology penny stock had a good beat on earnings. This means the cash burn was only 70% of what was expected. On the strength of that traders reached. The indicators suggest more upside including RSI lines crossing over the 50 level and the MACD lines bouncing up on the approach to the zero horizontal line. The supply and demand curves crossed. The Luxalgo predictive algorithm doing a pattern lookback analysis has a trend up. I will take a long trade here attempting to get a good piece of the move for realized profit.
NASDAQ:BCABLong
by AwesomeAvani
1
LUNR a space exploation penny stock with momentum LONGLUNR got an injection of trader and investor interest this week on the news that their lunar lander ( robotic unmanned) is launch ready. While it is a publically owned company, 50% is insiders, 40% retail investors and 10% institutions. In is in the shadow of NASA in Houston from whom it has drawn employees. Of particular importance last spring when there was a news catalyst , price went to the moon into the 45 level. This time around is early in the cycle. In February from liftoff to descent and landing took two weeks. Volumes topped out at 7M shares per day. Current volume is about 760K. Price was flat in the Friday after-hours trading on expected diminished trading. I expect LUNR to be actively traded until the news starts getting old. After that, the 50% insiders some of what are just rank and file employees but some of which are executive types with larger share quantities may find away to augment the news cycle. My stop loss is 5 at the Friday afternoon low pivot. My target is near to the head and shoulders of the February high pivot. I especially note a 425% earnings beat ( they only burned 20% of the cash burning projection set by the analysts. Earnings is soon to arrive. This could turn out to be a Tim Sykes' "supernova" with news digestion associated momentum synergized with another earnings beat ( the earnings is probably all grants from NASA and the Pentagon). I assert this could turn out to a a great trade.
NASDAQ:LUNRLong
by AwesomeAvani
3
$SFRX Long with price target of 2020 high 0.0179¢Seafarer Exploration’s SeaSearcher drone is set to take the treasure-hunting world by storm The current SeaSearcher prototype, getting put to the test in Florida As any frequent viewer of the Discovery Channel will know, the search for sunken treasure typically involves sifting through the sand, just hoping to unearth gold or silver. The SeaSearcher underwater drone, however, may soon point clients right to the booty. Currently in functioning prototype form, the battery-electric SeaSearcher is being developed by Florida startup Seafarer Exploration. It was designed by engineer Tim Reynolds, CEO of partnering company Wild Manta. The vehicle's big claim to fame is that it can detect – and differentiate between – various types of metal buried up to 10 meters (33 ft) beneath the seabed, creating and relaying a 3D digital map of their location. "I've been given the rights to salvage old Spanish and other types of wrecks along the coastline, here in Florida," Seafarer CEO Kyle Kennedy told us. "All these ships used to dock in Havana, they would load up with gold from the New World, and head up the Gulf Stream before heading across the ocean. Storms would sink them, on their routes. There's over a thousand of these shipwrecks, but the problem is, there's never been equipment that would show you where gold and silver was, under the sand." The exact means by which the SeaSearcher does allegedly show you is a closely guarded trade secret. However, we have been told that the drone can descend to depths of up to 100 m (328 ft), then cruise about 1 m (3 ft) above the seafloor, emitting electromagnetic, RF and acoustic waves of varying modulation formats as it does so. Utilizing machine-learning-based algorithms running in real time, it analyzes the manner in which any buried metal objects are "energized" by those waves. As a result, the vehicle is reportedly able to determine the depth at which those objects are located, along with the type of metal they're made of. The SeaSearcher's operator interface displays a 3D map showing the location of buried metal objects Seafarer Exploration In a field test recently conducted at a Florida wreck site, the SeaSeacher didn't find any gold or silver, but it is claimed to have identified brass, iron, copper, aluminum, lead and stainless steel items. The geographical location of the detected metals is determined in two ways. First of all, since radio waves don't travel well through the water, the SeaSearcher tows a floating buoy along the surface above itself. The GPS coordinates of that buoy are recorded and transmitted to the crew, aboard a nearby support boat from which the SeaSearcher was launched. That said, strong currents or rough weather can cause the buoy to end up a fair distance away from the drone – after all, the cable by which it's towed has to contain some slack, meaning it doesn't go straight down to the SeaSearcher. For that reason, a triangulation system developed by the US Navy can also be used. It incorporates a submerged platform which hangs over the side of the support boat, where it sends and receives sonar pings to and from the drone. A rendering of the 2nd-generation SeaSearcher, which will be optimized for use in a towfish configuration Seafarer Exploration The SeaSearcher can be used as an ROV (remotely operated vehicle), an AUV (autonomous underwater vehicle) that follows a preprogrammed search pattern, or in a towfish setup, wherein it's towed behind a boat. Since Seafarer doesn't want competitors getting their hands on the technology and figuring out precisely how it works, plans call for the company to instead offer the SeaSearcher and an operator as a service to treasure-hunting clients. Kennedy believes that the service should be available within six months. In the meantime, he hopes to raise funds by using the drone to discover some sunken treasure of his own. "The world doesn't believe that this device works, right now," he said. "As soon as we prove that it works on treasure, we'll do some white papers and independent tests and all that good stuff. But right now, all I need it to do is show me some massive amounts of gold and silver, and then I don't really care what the world thinks." Learn More Here: newatlas.com
OTC:SFRXLong
by astrothtrader
2
IND penny IT with the earnings beat no more cash drain LONGIntellicheck validates identities for financial services, fintech companies, BNPL providers, e-commerce, retail commerce businesses, and law enforcement and government agencies across North America. Intellicheck can be used through a mobile device, a browser, or a retail point-of-sale scanner. Volume, Volatility and Price Breakout on the 60-minute chart. Relative Volume was beyond 10X The predictive algo has a continuation for Monday with a momentum fade over 4.25 topping at 4.5 I will take an intraday trade here potentially buying in the premarket. The target is the high pivot forecasted by the algo about 30& upside. I will set a 7.5% stop loss and risk 0.01% of capital in the trading account. I will take off 25% upon reaching 4.0 another 50% at 4.50 and the remaining 25% with a 5% trailing stop loss to ride the momentum fade. This is probably not shortable. The April monthly options pumped 6x to 30x on the earnings report. They will have continuation on Monday 3/26 after that the put options will be in play. The small call options chain is embedded in the chart. Earnings come again in May. I will reenter this trade until after the current pop and drop is completed. Then in late April to look I will reenter looking for a repeat of the present price action.
NASDAQ:IDNLong
by AwesomeAvani
Write off Kibo Energy off your time wastersThese are the type of stocks that I don't even give one breath of a time to see. Yes I'm doing that now, but the thing is there are MANY traders who think these are the stocks they can buy at 1 cent and hold to 4c - 400% return and this can lead to one of three ways. 1. You hold forever 2. You strike lucky and it actually does go there 3. It goes to 0 and gets liquidated and you lose your money But as traders, these are time wasters. There is no liquidity, no volume, there is no action. I can't analyse this type of stock and this is purely for the savvy Penny Stock INvestors who have read the fundamentals, share ratios and have seen the proespects for a POTENTIAL future for the stock. Other than that for traders - I leave it alone.
JSE:KBOLong
by Timonrosso
KODK Kodiak long trade from a retracement( Industrial Penny)KODK is the old chemical industrial company that focused on camera film and printing for decades now a bit or diversified in what it does. Share price is a fraction of what it once was. KODK had a news catalyst that it was trying to clean up financial issues with its pension plan which had $ 6 Billion in assets. That may be a good thing but investors through otherwise and price put in a 20% retracement over a few days. I expect this to rebound and earnings are about ten days away. The P/E ratio is about 10. While this is a risky penny stock, I see the potential in a recovery of the 20% of market cap in the pre-earnings period. Accordingly, I will take a long trade of stock shares and a put option to hedge those shares against a downturn.
NYSE:KODKLong
by AwesomeAvani
LVTX a possible continuation medical technology penny stock LONGLVTX is a pharmaceutical company focused on biologicals for advanced prostate carcinoma. It recently secured a collaboration agreement with Merck to assist in the clinical trials and the financial burdens it imposes in a quid pro quo related to a share of product margins in the future. On the 15-minute chart, LVTX burst out of a long-standing consolidation cycle. The majority of shareholders per Yahoo Finance are insiders and institutions primarily hedge funds. These people are not clueless. This is a huge money inflow into the market cap. I intend to follow the money as I see that price has retraced to a good Fibonacci level and with the last candle may be on a reversal. I know that institutions tend to buy at the VWAP heavily and as price is below VWAP the impetus is to buy discounted from VWAP. I will follow the wisdom, experience and expertise of institutional traders. I will go long and assume the risk of more of a drop with an ATR stop loss. My goal in the trade is to get a 20% gain by the close on Monday. Getting into an insider trading move is tricky but it is interesting and can be profitable.
NASDAQ:LVTXLong
by AwesomeAvani
SRZN a Penny biotech LONGSRZN has had good momentum. It has no revenues. Clinical trials but a lot of cash. SRZN has advanced trials underway for a product to treat alcoholic hepatitis presumably settling it down before it becomes irreversible cirrhosis (only for patients who are alcohol-free) and also useful for liver metabolic disorders from a genetic basis. SRZN has been trending up for a week with a bit of a pause in the middle of it. It picked up 60% of its price while breaking out through the anchored VWAP lines and the volume profile. The far greater market is the former. It is priced at 90 or more off it's all-time high of about $160. IF it picks up hype from the last clinical trial getting a report and a calendared review by the, SRZN could reach for that all time high. This is speculative and risky as are most biotechnology penny stocks. They are trading news and potential not current net revenues. A small position with room in the stop loss for the average range and volatility is best. This is a typical high risk higher potential reward type of trade.
NASDAQ:SRZNLong
by AwesomeAvani
BTTR, a penny stock selling pet food LONGBTTR is up almost 30% since acquiring a Canadian company on Feb 9th. The news catalyst illustrates a momentum in growth. On the chart, since an excellent report in November, price ascended into a double top in late November and mid December then fell until the news catalyst on Friday the 9th. Another report is soon coming. I see BTTR as a volatile penny stock is now set up for a long trade. I have marked in horizontal black some targets from looking to the left. Equally weighing all three targets, the profit potential is 25% in the near term while the last target is about 35%. BTTR is poised below the mean VWAP line and appears ready to continue its VWAP breakout from 2/9 moving upward while crossing the first lower anchored VWAP line. I expect the price to ultimately aim for the second upper VWAP line and hit my last target just below that line representing the base of the double top last winter. my last target
AMEX:BTTRLong
by AwesomeAvani
Trading Idea - #OcugenMy trading idea for - #Ocugen - BUY Entry: 0.95 USD Target: 8.00 USD (+720% profit) Ocugen, Inc. is a biopharmaceutical company, which engages in the development and commercialization of therapies to cure eye diseases. Its product pipeline candidates include OCU400, OCU410, OCU200, and COVAXIN. The firm's modifier gene therapy platform is engaged in addressing retinal diseases, including retinitis pigmentosa, leber congenital amaurosis, and dry age-related macular degeneration. The company was founded by Shankar Musunuri and Uday B. Kompella in 2013 and is headquartered in Malvern, PA. Institutional Trading of Ocugen A number of large investors have recently added their stakes in OCGN. JPMorgan Chase & Co. increased its holdings in Ocugen by 20.9% during the first quarter. JPMorgan Chase & Co. now owns 4,015,742 shares of the company's stock worth $13,251,000 after buying an additional 693,786 shares during the last quarter. Raymond James Financial Services Advisors Inc. purchased a new stake in Ocugen during the first quarter worth about $47,000. Cetera Investment Advisers purchased a new stake in Ocugen during the first quarter worth about $50,000. Vanguard Group Inc. increased its holdings in Ocugen by 2.8% during the first quarter. Vanguard Group Inc. now owns 10,906,557 shares of the company's stock worth $35,991,000 after buying an additional 301,063 shares during the last quarter. Finally, Mackenzie Financial Corp bought a new position in Ocugen during the first quarter worth about $34,000. Hedge funds and other institutional investors own 21.50% of the company's stock. Ocugen Price Target Raised to $7.00/Share From $5.00 by HC Wainwright & Co.
NASDAQ:OCGNLong
by Traderherz-Analytics
2
QS rising into earnings has shown momentumon the 15- minute gaining 4.6% in the Monday trading. The chart shows price crossing through the high volume area from underneath it on Tuesday Feb 6th the breaking out from the upper boundary with a retest the following two mornings and then separation from the high volume area after that. Trading volumes have been consistent and constant with spikes after the morning opens. QS has some attention as both a technology stock and a green energy penny stock. I see this long trade as having a potential to go 10-15% if it beats the earnings forecasts. The dual time frame RSI indicator is used to pinpoint best entries especially if scalping or options trading. The best entry is on a lower time frame 3-5 minutes and the green faster RSI crossing over the slower red line and both being over the 50 level. Good luck to traders that take this trade.
NYSE:QSLong
by AwesomeAvani
FSR finished the week strong LONGFSR on the 15 minute chart in previous price action fell from a triple top on January 30th and then put in a double bottom Friday morning 2/2 and rose to finish out the day with a strong engulfing green candle. Nearby above are targets at 0.835, 0. 873 and 0. 915 based on the Fibonacci levels and also bearish high-volume nodes on the bearish-only volume profile and the triple top. I see this as a long trade setup which may do well next week if there is not a correction in the general market. A stop loss of 2% should take that potential loss low while allowing for an average upside of 8-9% making it overall a modest and safe trade For even more safety, the trade could be delayed until price gets over the Fib level at 0.84 while at the same time diminishing the upside.
FLong
by AwesomeAvani
NKLA gets some momentum LONGNKLA had a nice long test run of one of its trucks in California this month. It signed a deal for a 10-year hydrogen refueling. Not a big deal, but may be the first company to sell fuel along with its vehicles and get government subsidies along the way. The days of doing photo shoots of a prototype truck rolling downhill are clearly in the past. While alwys speculative, NKLA is getting more search hits on Bezinga and Zacks suggesting there is trader interest and maybe even some investors. On the 120 minute chart, NKLA has ascended about 25% in the past week. It is approaching the intermediate and longer-term anchored mean VWAP lines in black. It is there that volalility and volume are expected to be the highest. This is 0.84 to 0.89. In this zone, institutional traders may take or exit positions. The upper end of the high volume area is at 0.90. I will take a trade here expecting price to go about 13% higher to 0.88. There it will either continue the VWAP band breakout or be rejected from that resistance level. The RSI and MACD indicators show bullish momentum to validate the long trade idea. An additional factor is whether a short squeeze could ensue. In the near term from now until March, the put to call ratio is 0.05 to 0.25 making for very few near-term put options. However, in the April monthly the overall put-to-call ratio is 3.5. This suggests an expectation of a good rise rise in the next 1-2 months and then a correction or breakdown at 3 months. In July the ratio falls to 0.05 at least for the time being. If a short squeeze does get set up, put positions in April will be liquidated in short order and the buying of call options to cover those puts may accelerate the trend up. Overall, my target is 0.88 while the stop loss is 0.73 under the evolving POC line of the volume profile. Since my call options printed a 60% profit for the day, I will add to the position to capture more of the expected move. ( $1.00 Strike 2/9 expiration currently $2.00 per contract- no stop loss total loss vs expected gain 250%+)
NASDAQ:NKLALong
by AwesomeAvani
BFRG AI penny stock ready to SHORTI have been in BFRG since the November earnings it has done 300% over that time almost all of it in one week. There are no options on this one. The RSI indicator tells me that it is now overextended and overbought. This is confirmed by a reversal signal triggering on this 60-minute chart with a mass index indicator below it. The topping candles with long wicks is another hint of the price action underway. I am closing my long position over 300% gain and instead look for a short with the profits to retrace from present price to to the 0.382 Fib retracement at about 5.65. Stop loss above the wicks at 7.7. I expect the trade to last this week and part of next.
NASDAQ:BFRGShort
by AwesomeAvani