REED - FORECAST 4HR - REEDS INC - STOCKSHere is one for you penny stock folks.
REED looks like a decent long. As you can see its already tested resistance at the red line(1.21) just as we like. Now we wait for it to retest support at the green line(0.89) and we get in at or below the green line, with our stoploss below white line(0.57). Expect this thing to tag the orange line(1.53) and perhaps reverse to test support again. Yellow line(1.85) being reached is expected if price pushes through orange line with force.
This is not investment advice, I am not an investment advisor. Do not blindly follow mine or anyone else's trades.
Be safe out there.
REED
Reef could be going to 0,063 soon, be ready for a breakIf Reef is able to break that triangle we`ll have a great set up for a trade.
Reef is a great project with low market cap.
GRWG looking promising, RL30 is still healthily upRS and OBV above EMA.
RL30 is still slope up
RL10 is up
Enter tomorrow open
ATR: 7.15
KIRK making good long progressTop of the scanning list
Weekly ATR:3.1
WAM RS: 81
Other areas I like is it offers options, enter with 3 month option 16-Apr-2021
Enter 1.80 with C25.
TUP enter long with the expectation of further reboundinghas been an leader compare to SPY and obv is also strong
TUP ATR: 5.46
WAM_RS: 87
A promising start.
Stalking RUN to potentially go long.Weekly ATR: 10.43
Weekly is cooking up and monthly have more room to go, it stood the test of today's downward market move. Try to get fill around 68.50.
REED - Falg long setupWatch for a break of 1.01. Target 1 $1.27 , Target 2 $1.37, Target 3 Momentum. I (John Seville) already own a personal position in this stock.
