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LKCO Uptrend + Upcoming Levels To WatchLKCO in a nice uptrend and if you're watching a few levels to keep in mind are around the 50 Fib and then another level around that 382 fib. Volume has remained consistent & fundamental events could also be thrown in the mix right now: "The company has established city and industry-level holographic Spatial-Temporal digital twin systems which can be added to autonomous driving vehicles. Recently LKCO expanded its business to more clients despite COVID-19 concerns. “We have placed a premium on cultivating new service relationships with multiple automobile manufacturers globally as the entire industry continues to drive new autonomous-vehicle capabilities. We feel that these recent service contract signings are reflective of our standing within this market, and we are very pleased to be partnering with another reputable and influential company within the auto industry.” - Xuesong Song, Chairman, and CEO of LKCO With its role in the auto industry continuing to grow, LKCO is a large player in the autonomous driving industry. Because of that, it could be worth adding to your list of penny stocks to watch in the coming months." Quote Source: 9 Hot Penny Stocks to Watch For the Upcoming Week
NASDAQ:LKCO
by PennyStocks101
CIDM support vs 200DMA approaching...CIDM approaching 786 fib, which has continued to be a resistance level since last summer. It's held above this a few times, but in general, CIDM has failed to break above more times than it has successfully remained higher than this level. However, current potential support has fluctuated on the price scale but remains consistent vs the 200DMA (in red) for the last few months. "Only a few days ago, it announced that it was forgiven for a $2.2 million Paycheck Protection Program (PPP) loan. East-West Bank paid off not only the loan in full but the principal and interest of the PPP loan as well. This is a big deal and should reflect positively on the companies balance sheet moving forward. While the number may not seem that large, any debt reduction is almost always met with positive sentiment from investors. “We are very pleased to receive the notice of forgiveness of our entire PPP loan and associated interest. We remain grateful for the financial support that the CARES Act provided in response to the COVID-19 pandemic. This helped Cinedigm move into a very solid position now financially with virtually no debt and a fast-growing streaming business.” Gary Loffredo, President, and CEO of Cinedigm The sentiment from Loffredo shows that investors should keep a close eye on CIDM’s next balance sheet. Because debt is a large factor for how positively investors see a company, this massive reduction should be considered. So, with all of this in mind, is CIDM on your list of penny stocks to watch right now?" Quote Source: 7 Top Penny Stocks to Watch That You Probably Haven’t Heard Of
C
by PennyStocks101
TBLT Fibbin...AgainOnce again the 50 fib and 618 fib are in focus for clear support/resistance levels over the last few months for TBLT . However, the jump this week was BIG. Volume began picking up early on and the latest 1H sales news triggered a new gap. Focus now is on the 618 Fib to hold as support as the 50 fib denied the move past $1.25 early on Friday. But, volume was clearly a telltale sign of "something" this week: July 7th: "TBLT stock has been increasing in the market recently. Its volume is also much higher than its average. With this in mind, will TBLT make your list of penny stocks to watch?" Quote Source: 7 Hot Robinhood Penny Stocks to Watch That Could be Pandemic Proof
T
by PennyStocks101
Possible ADY Long Position!ASX:ADY SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY SMP Strategy Market Direction: Long Position Chart time frame - Daily Timeframe - 30 days A – Activating Event Market will meet support in zone @ current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market will move towards the first Target 1 level @ 0.03 C - Fundamentals that may affect the pair N/A D - Trade Management Entered @ ..... Stop Loss @ ..... Trailing Stop Loss@..... Target 1 @ 0.03 Target 2 @ .... Risk/Reward @ 1.4 Happy trading :) Follow your Trading plan, Remain disciplined and Keep learning !! Please Follow, Like,Comment & Follow :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
ASX:ADYLong
by SMPTrader
Possible AUZ Long Position!!ASX:AUZ SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY SMP Strategy Market Direction: Long Position Chart time frame - Daily Timeframe - 30 days A – Activating Event Market will meet support in zone @ current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market will move towards the first Target 1 level @ 0.04 C - Fundamentals that may affect the pair N/A D - Trade Management Entered @ ..... Stop Loss @ ..... Trailing Stop Loss@..... Target 1 @ 0.04 Target 2 @ .... Risk/Reward @ 1.4 Happy trading :) Follow your Trading plan, Remain disciplined and Keep learning !! Please Follow, Like,Comment & Follow :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
ASX:AUZLong
by SMPTrader
LPTH still within the typical rangeNews out afterhours showing that that LPTH has been awarded the renewal of a multiyear supply agreement valued above $2.4 million which is a 50% increase over the prior contract. The supply agreement is for two types of glass aspheres which enable a global industrial engineering company to manufacture precision measurement and motion control devices across a diverse range of industries including additive manufacturing, aerospace, automotive and healthcare. That upper resistance level lines up almost spot-on with the 618 Fib line. Meanwhile the 786 fib has only been tested a few times as a lower level of support in the last few months. I guess we'll have to see if there's enough juice to squeeze out of this range in the morning. Either way, I don't think I'll start getting excited unless we break, hold, and test that upper fib as a new support after tomorrow.
NASDAQ:LPTH
by PennyStocks101
BABA BUY/LONG NOW READY! 216.80 301.70 By End 2021!TICKER CODE: BABA Company Name: ALIBABA GROUP HOLDINGS LTD US Stocks Retail Trade Internet Retail Position Proposed: BUY (Long-Term) FOMO BUY ENTRY: 216.80 (NOW READY) NEXT BUY ENTRY: 213.40 1st Partial Take Profit: 301.70 (End 2021-Early 2022) 2nd Partial Take Profit: 363.25 (End 2022-Early 2023) NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION Stop Loss: 165.00 Technical Analysis 1. LARGE Rising Channel 2. Fibonacci Retracement at 0.786 3. 1st Partial Take Profit is at Fib Ext Level 1 Grey Zone (Safe Zone) 4. 2nd Partial Take Profit will be at trendline resistance level as well as level 2 of Fib Ext Blue Zone 5. Stochastic Expected to hit Stable Range then rise to overbought levels 6. the current market is a Break and currently retesting the previous resistance 7. Short-Term Timeframe (4hrs/Daily) has an impulse flagpole with a pennant (Continuation Pattern)
NYSE:BABALong
by traderprosignals
3
SENS Back Testing The 382 Fib Watching To Act As SupportThe thing about SENS is that it's been a company crushing it in 2021. When it was first discussed this year it was still trading below $1. Despite recent volatility, it's up significantly year-to-date. I think volume remains steady but definitely on the lower end of the range. But good data from the last presentation on its PROMISE study seems to have sparked more attention. "The data evaluating the safety and accuracy of the next generation Eversense system was presented by Satish Garg , MD, Professor of Medicine at the Barbara Davis Center of the University of Colorado, Denver , and the PROMISE study group Principal Investigator (PI). The Company presented previously released information demonstrating performance matching that of the current 90-day sensor available in the United States , with reduced calibration, down to one per day, with duration extended to 180 days. Accuracy measurements discussed in the oral presentation include a mean absolute relative difference (MARD) of 9.1% for the primary sensor and confirmed hypoglycemia alert detection rates at 60 mg/dL of 87% and at 70 mg/dL of 93%. For the subset of 43 modified sensors (referred to as the SBA sensor), the MARD was 8.5% and the confirmed hypo alert detection rates at 60 mg/dL and 70 mg/dL were 90% and 94%, respectively." Another area of potential support/resistance is just below the 382 fib line (in yellow), which has held so far this week. It was resistance a few weeks back. With SENS failing almost right at the 236 Fib line, technical traders are liking monitoring these levels closely. Latest on SENS: Best Penny Stocks to Buy Right Now? 7 Small-Caps For Your Morning List
AMEX:SENS
by PennyStocks101
Y92 BUY/LONG ENTRY SOON!! 0.635 TO 0.845 BY MAY 2022TICKER CODE: Y92 Company Name: THAIBEV Industry: CONSUMER NON-DURABLES. BEVERAGES: ALCOHOLIC. Position Proposed: BUY/LONG (NOT READY!!) Entry: 0.635 (EARLY AUG 2021-SEPT 2021) 1st Partial Take Profit: 0.715 (NOV 2021-JAN 2022) 2nd Partial Take Profit: 0.845 (MARCH 2022-MAY 2022) 3rd Partial Take Profit: 0.900 (JUL 2022-SEP 2022) 4th Potential Take Profit: 1.075 (EARLY 2023) Stop Loss: 0.485 Technical Analysis 1. FLAGPOLE + Falling Wedge Indicates a Potential BUY 2. Small Inverse H&S indicates a Potential BUY 3. Fibonacci Expansion Provides further indications of BUY opportunities. 4. RSI may indicate an oversold position SOON to push our BUY ENTRY. -TRADERPROSIGNALS.
SGX:Y92Long
by traderprosignals
BGI Looking To Shine In Reopening TradeBIG Gap up on July 1 after news that BGI reopened in Canada. But now it's at some interesting levels. The 618 fib has acted as support/resistance for a while. Since BGI broke above that, we need to see if it can hold. Next minor resistance seems to be around the .5 Fib then more major at the 382 fib. This 382 level is an area that BGI seems to have had a tough time breaking through. It has tested it but failed more times that succeeded to break through it and hold. "Clearly, retail is broad, but there are a few names that come to mind. First, luxury brands have taken a focus as consumers have come out of hibernation with fresh capital. Jewelry companies like Birks Group (NYSE: BGI) have gained attention in the market. Birks operates jewelry stores across Canada. As of June 30, 2021, the company said it operates twenty-nine retail stores. It also has its fine jewelry collections available through other companies in the UK and US, including Mayors Jewelers and SAKS Fifth Avenue locations. This week Birks announced that it opened all of its Canadian stores, helping give it a boost in the market." Quote Source: Best Penny Stocks To Watch Now? 10 Top Epicenter Stocks For Your List
AMEX:BGI
by PennyStocks101
Set...HUT!HUT volume beginning to pick up after its Nasdaq debut. But will it be enough. Even before jumping to the higher exchange, the crypto stock saw clear levels of support/resistance between the 618 and 786 fib levels. With Musk starting to chip about Dogecoin again, it will be interesting to see if we get a crypto reboot this summer. " Cryptocurrency mining stocks like Hut 8 Mining (NASDAQ: HUT) have gained interest in the market. The company is a digital asset miner, which includes bitcoin. Hut’s focus on meeting certain ESG standards and environmentally friendly operations has helped it gain some added interest. The recent concern, especially when it comes to Bitcoin mining, is the level of energy usage needed & how that could impact the environment. This week the company bought 12,000 new MicroBT miners planned for deployment by the end of the year. 'We are excited to have identified this unique opportunity to purchase MicroBT equipment that will enable us to almost double our hashrate before the end of the year and substantially increase the number of Bitcoins earned on a daily basis,' remarked Jaime Leverton, Chief Executive Officer of Hut 8 Mining. " Quote Source: Best Penny Stocks To Watch Now? 10 Top Epicenter Stocks For Your List
NASDAQ:HUT
by PennyStocks101
VEON 52 Week Highs But Long Way To GoVEON finally popped its head over that pestering resistance level that it failed to break for months. Now the real fun begins (so to speak). It's back in this no-man's land that it hasn't traded in for some time. What I'm watching is to see if the resistance level finally becomes a new support. Then the tall task: filling and breaking back through that old gap. "Veon Ltd (NASDAQ: VEON), for example, provides connectivity and internet services. In Pakistan, its operating company, Jazz, recently secured a roughly $320 million syndicated credit facility from a banking consortium led by Habib Bank Limited. This facility will finance the company’s ongoing 4G network rollouts and technology upgrades, among other things." Quote Source: Best Penny Stocks To Watch Now? 10 Top Epicenter Stocks For Your List
NASDAQ:VEON
by PennyStocks101
DIS SHORT/SELL TO 135.45 THEN LONG/BUY BY END OF 2021TICKER CODE: DIS Company Name: WALT DISNEY COMPANY Industry: CONSUMER SERVICES. CABLE/SATELLITE TV Position Proposed: SHORT/SELL TO LONG/BUY (NOT READY FOR BUY) 1ST BUY Entry: 135.45 (END OF 2021-EARLY 2022) 2ND BUY ENTRY: 128.80 1st Partial Take Profit: 222.50 (EXPECT EARLY 2023-MID 2023) 2nd Partial Take Profit: 277.00 (END 2024) Stop Loss: 117.00 Technical Analysis 1. Head & Shoulders forming the second shoulder as we speak therefore, BUY entry should be plausible by END of 2021 2. Fibonacci Retracement and Expansion Coincide with H&S Price Range. 3. Flagpole and Falling Wedge formation coincides with take profit levels mentioned. 4. Many confluence levels happening around BUY entry levels! -TRADERPROSIGNALS.
NYSE:DISShort
by traderprosignals
C8R SGX BUY/LONG NOW READY! 0.075 to 0.235 by End 2023!TICKER CODE: C8R SGX Company Name: JIUTIAN CHEMICAL Singapore Stocks Process Industries Chemicals: Specialty Position Proposed: BUY BUY ENTRY: NOW READY (0.075-0.090) 1st Partial Take Profit: 0.150 (End 2021) 2nd Partial Take Profit: 0.235 (End 2023) 3rd Partial Take Profit: 0.270 Potential Take Profit: 0.365 Stop Loss: 0.065 Technical Analysis 1. LARGE INVERTED HEAD & SHOULDERS PATTERN (PARTIALLY COMPLETE) 2. Area of Confluence on EMA 60 & structure level 3. 1st Partial Take Profit would very likely push RSI to overbought levels which would reject back down to new support structure 4. 1st Partial Take Profit will also be the Take Profit of Completion of Head & Shoulders Pattern 5. 2nd/3rd Partial Take Profit will be at the key level zone which is also near potential resting sell orders 6. Potential Take Profit will be at the Take Profit of Assumed Bigger Head & Shoulders Take Profit Level
SGX:C8RLong
by traderprosignals
Tesla StockHello to my trader friends, i was looking at Tesla stock and did this analysis here, for the moment tesla is on a good yearly strong uptrend but recently had a change on it's short term trend, now for the investors who want to jump into tesla, don't. at least not it reachs 415, considering the momentom and strength of the trend it is very unlikley that this short term trend goes bellow 415 and continues it's down trend, but for the sake of 40% difrrence just don't buy now. and for other types of traders it is a good idea to go short from here to 415. I hope this analysis can help you to dicied whether you are a long term investor or a more short term trader to make some profit and of course do your own analysis too.
NASDAQ:TSLAShort
by UnknownUnicorn20820631
OPTT BUY/LONG NOW READY! 2.30 to 2.40 by ARD DEC21TICKER CODE: OPTT Company Name: OCEAN POWER TECHNOLOGIES, INC Industry: US Stocks Producer Manufacturing Electrical Products Position Proposed: BUY/LONG Entry: 2.30-2.40 1st Partial Take Profit: 3.55-3.60 2nd Partial Take Profit: 4.10-4.15 3rd Partial Take Profit: 5.10-5.15 (~Dec 2021) Stop Loss: 1.75-1.80 Technical Analysis 1. Descending wedge/Pennant (completed and broke out) 2. MEGAPHONE forming at a bigger time frame 3. 1st Partial Take Profit will be at next major structure level & Fibonacci retracement at 0.786 4. 2nd Partial Take Profit will be at the next major structure level & Fibonacci retracement at 0.618 5. 3rd Partial Take Profit will be at 100% of flag pole length
AMEX:OPTTLong
by traderprosignals
1
Familiar T/A on ITRM Well, doesn't this look familiar? ITRM tested is previous level of support AND resistance in a wide channel today. IDK what the sell-off was but I'm guessing the re-entry had something to do with speculation on the FDA data set to come out next month. "At the end of May, Iterum provided an update on its New Drug Application with the U.S. Food and Drug Administration. Currently, the NDA is still under review by the FDA, and the PDUFA goal date is July 25th, 2021. Since the application review for Sulopenem is on track at the moment, ITRM stock is performing well as a result. ITRM stock price has nearly doubled in the last month." Not sure if it gets the approvals necessary but "buy the rumor" might be playing a role here. Quote Source: Top 9 Penny Stocks With High Volume to Watch Right Now
NASDAQ:ITRM
by PennyStocks101
2
GNUS Channel Bound. For NowGNUS remains channel bound with the 618 Fib line acting as a pivot support/resistance. I think there needs to be some info from the company now that they plan on being on the Russell. On June 8th, the company announced that it will join the Russell 3000 Index after the conclusion of the 2021 Russell indexes annual reconstitution. This will be active when the market opens on June 28th, 2021. One month ago, GNUS stock was around $1.55 per share and it has now reached nearly $2 per share as of June 23rd. In particular, our recently launched tentpole brand, Stan Lee’s Superhero Kindergarten, starring Arnold Schwarzenegger, has now surpassed 28 million views, averaging now over 4 million views per episode, making this one of the most highly viewed new cartoon launches in history.” Quote Source: 7 Top Penny Stocks For Your July 2021 Watch List If it can break the 618 fib, I'd like to see it at least come close to testing the 50 fib. We'll see if it's allowed to move.
G
by PennyStocks101
BAC Getting Back To $40.80 - Resistance On The DailyBAC is finally back above $40.50 but now the fight starts at $40.80. It was a previous level of support this quarter now I think it could be a resistance level on the daily chart. Wit the stress test news, it wouldn't surprise me if it waffles a bit around here then hopefully breaks. I'm long right now with both stocks and options on the company. IF/WHEN $40.80 breaks, then I'd like to see it test and break above the 50DMA sitting around $41.18. Will it happen overnight? we'll see but any major extension could be met with some profit-taking too so I'm keeping that in mind also. Option are for trading, the stock I'm in from the teens and holding long. Wouldn't want to treat these banks like penny stocks in any way but the recent volatility has definitely brought in some trading momentum as opposed to the buy and hold peeps from earlier in the year.
NYSE:BACLong
by PennyStocks101
DISCA BUY/LONG NOW READY! 29.00-31.00 by End Aug 2021TICKER CODE: DISCA Company Name: DISCOVERY, INC. - SERIES A Industry: US Stocks Consumer Services Cable/Satellite TV Position Proposed: BUY/LONG Entry: NOW READY 30.20 1st Partial Take Profit: 39.85 - 40.00 (~Aug21) 2nd Partial Take Profit: 50.15 - 50.30 (~Sep21) 3rd Partial Take Profit: 69.45 - 69.60 (~Nov21) NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION Stop Loss: 26.20 Technical Analysis 1. Falling wedge/pennant (Almost complete; waiting to breakout) 2. 1st Partial Take Profit is at the next resistance level; may experience some retracement 3. 2nd Partial Take Profit is at the next major structure level 4. 3rd Partial Take Profit is Fibonacci Retracement at 0.786 & also 100% of the pole length
DLong
by traderprosignals
2
ENG BUY/LONG NOW READY!!! 3.30 TO 4.95 BY JUL-SEPT 2021TICKER CODE: ENG Company Name: ENGlobal Corporation Industry: Industrial Services, Oilfield Services/Equipment Position Proposed: BUY/LONG Entry: NOW BUY READY!! ( 3.30-3.40 ) 1st Partial Take Profit: 4.95 (JUL 2021-SEP 2021) 2nd Partial Take Profit: 6.20 (END 2021-EARLY 2022) Potential 3rd Take Profit: 8.65 (Mid 2022) Stop Loss: 2.60 Technical Analysis 1. Flagpole+Falling Wedge BROKE through indicating a BUY position. 2. Inverse H&S commonly seen At the end phase of (1) indicating a BUY position. 3. Fibonacci Expansion in favor of a BUY position to Mentioned TP levels. 4. Market Closed above Resistance Line (DAILY) TRADERPROSIGNALS
ELong
by traderprosignals