$TKAT surged yesterday due to hype in NFT art?The Hong Kong-based online art trading platform rose prompted by increased attention from social media amid frenzy surrounding non-fungible tokens. NFTs are akin to a digital certificate of ownership.
Takung provides collectors a way to jointly own Asian and other fine arts including paintings, calligraphies, jewelry, and precious gems, according to its website.
The hype in NFT art ranging from sneakers to memes have been in the focus of late and a piece from Beeple — “The First 5000 Days” — commanded price tags of millions of dollars.
Tesla Inc TSLA CEO Elon Musk also jumped on the bandwagon and put an NFT song — on NFTs — for sale, which the artist Beeple offered to purchase for $69 million, but later changed his mind.
www.benzinga.com
Stockstowatch
$NDM Descending Channel - Currently BearishBearish currently with lack of volume. Currently bouncing between support and resistance. Stay out of the chop and buy the break out. As this is the largest mine in North America the price will grow in time but short time plays are within reach as it grows. Long term potential is amazing!
BABA upside potential towards 265$BABA is currently forming a double bottom will be retesting previous levels around 265-270$.
Support to be found around 225-228$.
$LKCOLuokung Technology Corp., through its subsidiaries, provides location-based services and mobile application products for long distance travelers in the People's Republic of China. It offers Luokuang mobile application, a content and service distribution platform that provides content and services, such as information, entertainment, travel, e-commerce, online to offline, advertisement, and other marketing features. The company also offers software development kits and application-programming interfaces, which provide spatial-temporal big data analysis and customized map to software and mobile application developers; and spatial temporal indexing cloud service, a data-level virtualization technology. In addition, it offers information SuperEngine that includes the server engine, which enables to store, manage, and index the spatial temporal big data on the server side; and Web graphics image engine that supports transmission of graphics images, as well as display and edge computing for multi-terminal and cross-platform. Further, the company provides spatial temporal cloud platform that offers cloud services, including data storage, data resource, and platform support services, as well as supports users to aggregate multi-source spatial data, map services, and Internet of Things streaming data. Luokung Technology Corp. has a strategic partnership with Jiangsu Dianyu Information Technology Co., Ltd. to expand mobile commercial big data services in the 5G era. Luokung Technology Corp. is headquartered in Beijing, China.
MCD broke out from falling wedge next stop 227$Pottential for upside towards 227$ and possible pump higher.
CCIV With a healthy Retracement Ready to LongWe already testing a healthy 78% retracement of CCIV. Now we are looking for confirmations on some buying opportunities.
Bayer pharmaceutical stock long term buy opportunityBayer stock is a life science company trading on the German stock exchanges with the symbol BAYN. The Company’s segments are Pharmaceuticals, Consumer Health, Crop Science and Animal Health. The Pharmaceuticals segment focuses on researching, developing and marketing prescription products and speciality therapeutics, especially in the areas of cardiology, oncology, gynaecology, haematology and ophthalmology, as well as radio-pharmacology and others. The Consumer Health segment develops, produces and markets nonprescription over-the-counter.
Bayer AG stock is a German company trading in the German Stock Exchange. It is one of the biggest and most important pharmaceutical companies in the world. I doubt that you’ve never heard from Bayer AG, because its products range from the famous Aspirin to even “more popular” Viagra 🙂 Now, I believe you are probably smiling and remembering this company 🙂 Before starting to write this blog post on Bayer, I googled the company name to try and find some extra information I could add, that would either support or negate the strong rally we are expecting on this particular pharmaceutical German stock.
VISL chillin in historic channel, where will it break?Will we finally see VISL break up and out of this channel? It's been a relatively consistent area of support/resistance. With several potential catalysts to consider here (5G, general broadcast, telecom, esports) it will be interesting to see if these tailwinds act as a stronger catalyst.
"While it will likely focus on some as it relates to 5G penny stocks, esports could be another facet to consider. If you sift through some of the company’s blog posts, you’ll notice that Vislink’s partner, NEP Sweden, covered the “BLAST Premier Spring Series” last year. This is an international esports event featuring the world’s top esports teams competing in the first-person shooter game series Counter-Strike...NEP filmed the event using Vislink’s HCAMs feeding into a ULRX-LD all controlled by Vislink’s FocalPoint Camera Control System. While no further esports-related updates have come about from the company, a surge in the excitement surrounding esports could be something to take note of."
Quote Source: Hot Penny Stocks To Buy Now? 4 To Watch After Roblox (RBLX) IPO
BIOL Back In The Channel AgainIt's almost exhausting watching BIOL do this every time...jump, fall, jump, fall, all right back to this channel. There's an interim gap to fill from a few weeks back but still many other levels to consider IF it can break back above and out of this channel. I think volume will be an indicator to watch in consideration of whether or not this can happen.
Because dental procedures have resumed to most of their pre-covid levels, many investors are bullish on the future of Biolase. While it is affected by the pandemic, the company is working to build new strategies. This goes hand in hand with its need to continue innovating and receiving new patents. With all of this in mind, is BIOL a penny stock to watch?
Quote Source: 5 Biotech Penny Stocks On Robinhood To Watch In March 2021
SYN Still Trying To Fill The GapThere's still a pretty big gap to fill from a few years ago but again, with a lot of biotech gaining recently, small caps could be back on the menu.
After Maxim Group upgraded SYN from a hold to a buy, shares of the biotech company dramatically increased. In addition to this, Maxim Group analysts gave a price target for SYN of $2.50. This represents a 10% or so gain from where it was before the rating. At the end of Friday, March 12th, SYN stock had shot up by over 29% to $0.92...CEO Steven Shallcross stated that “we are more encouraged than ever by this outlook for the business as we have made important progress during the fourth quarter advancing and demonstrating the significant value of our clinical development programs. With a number of upcoming catalysts later this year, we believe there is potential to continue to deliver significant value for our shareholders.”
Quote Source: 5 Biotech Penny Stocks On Robinhood To Watch In March 2021
Back At Historical S/R Level On ISRISR has been something of a sight in this market. Now, after pulling in and settling down a bit, it's back at the historic support/resistance level. With momentum acting as a tailwind in biotech stocks, overall, I'll be interested to see if it can get back above this level in more of a "calm fashion" haha.
While fewer surgeries occurred last year due to covid, IsoRay has managed to work around this, building its brachytherapy use cases along the way. CEO Lori Woods stated that “we are very pleased that we have been able to continue to make progress this quarter despite the ongoing challenges that the Covid-19 pandemic has presented. Amongst the highlights has been our continued success in expanding adoption of Celsium-131 in our core prostate market.”
Quote Source: 5 Biotech Penny Stocks On Robinhood To Watch In March 2021
AstraZeneca (AZN) Rare Investment Opportunity!AstraZeneca (AZN), W1: Support line + Bollinger bands + Hammer + Sell off
QUALCOMM (QCOM) Buy Signals on D1.QUALCOMM (QCOM),D1: Mirror level + Bollinger bands + Harami/Inside bar + Oversold + Discount
SalesForce (CRM) Great Entry Point!SalesForce (CRM),D1: Mirror level + Bollinger bands + Spinning Top + Dragonfly Doji + Oversold + Discount.
NEWMONT GOLDCORP (NEM) Buy Signals on W1.NEWMONT GOLDCORP (NEM),W1: Support line + Mirror level + Inside Bar + Bollinger bands
COLGATE-PALMOLIVE (CL) Nice Entry Point on W1.COLGATE-PALMOLIVE (CL), W1: Support line + Hammer + Spinning Top + Volumes + Bollinger Bands
Extended Wedge Bullish Bearish Neutral?It's a very wide wedge right now so lots of room to fluctuate. Will the reopening trade momentum act as a catalyst for another rebound or will NAT just chill here forever?
In its Q4 and full-year 2020 update, The company said that “We see strong oil demand, in particular from Asia for 2021…The lock-downs around the world has led to pent-up demand for many goods and services that will flourish once the vaccination program gains momentum this year…The demand will, unlike wars and financial crisis, be met by an unharmed physical and financial infrastructure that is ready to deliver on all cylinders.”
Quote Source: 5 Penny Stocks For Your March 2021 Reopening Watch List
Approaching a High Traffic Area on The ChartThe CHS stock chart is at a level where we saw some high traffic a while back. This has previously been a level of support, now apparent resistance. But can the reopening momentum act as an afterburner for the penny stock?
Chico’s FAS is another apparel retailer owning popular niche brands like Chico’s, White House Black Market, and Soma Intimates. It, too, has taken up a larger focus on digital sales. In its latest quarterly filing, Soma, for instance, saw its highest sales in the history of the brand. Comparable sales were also up over 15%, and it was driven by an uptick (over 68%) in digital sales. What’s more, total company Q4 and year-to-date digital sales increased almost 20%, according to Chico’s.
Quote Source: 5 Penny Stocks For Your March 2021 Reopening Watch List
Can't Argue Wth The Energy Trade Right NowOil and gas continue to make new highs. But don't forget to keep an eye on OPEC+. That's the only thing that has me cautious right now. With a need for more infrastructure and in consideration of the reopening trade, my guess is energy sources will be needed. Regardless, a build or increased production globally could put a dent in this bull trend. Not sure if it will be long-lasting or an interim effect. But something to keep in mind I think.
The company recently released its Q4 results and provided a fleet status report. Borr generated just over $60 million in revenue and reported a net loss of just under $47 million or around $0.22 per share. The company also explained that “even though we received broad support for the liquidity improvement plan, concluded in January, we are convinced that some opportunities remain to further improve our capital structure and liquidity in 2021.”
While the majority of oil and gas stocks still have yet to reclaim their pre-pandemic levels, a stronger focus on them right now could be supporting reasons why stocks like BORR have continued rebounding.
Quote Source: 5 Penny Stocks For Your March 2021 Reopening Watch List
Will Reopening Trigger a final Break for AHT?I know the reopening trade idea is in play right now but how strong is the sentiment? We still need stimulus to come out, more vaccines, more everything. So where does AHT go from here? Fibs look interesting too. NYSE:AHT
Aside from the industry sentiment, Ashford has been fundamentally making strides in preparation for a hopefully bullish return to the market. This included exchanging some of its preferred shares for common stock. We’ve also seen analysts take a more bullish stance on AHT. Most recently, B. Riley adjusted its price target on the penny stock. In this case it bumped the previous $2.50 target to $3 and currently maintains a Neutral rating on the company.
Let's see if travel picks up this year. If that happens, I can't think hotel operators will stay suppressed.
Quote Source: 5 Penny Stocks For Your March 2021 Reopening Watch List
NANO DIMENSION - SUPER DISCOUNTED GREAT POTENTIALCHECK OUT OUR LAST ANALYSIS REGARDING THIS STOCK BELOW
We have reached our target from a less higher time frame perspective (mid-term analysis)
while our long-term analysis still remains, we have see the new massive dip in the SPX caused by the rise of the bonds yields market.
It is not a surprise that we are witnessing a massive drop in the NASDAQ, DOW JONES, SPX as price had been at it all time highs!
Many people who have never heard of the stock market just recently jumped on the hype train and buy at the all time highs.. ouch
very painful for many new investors, this is a test to shake out the weak, and the strong will get stronger.
We are now oversold from higher time frames and can rocket to the upside at any minute, it is not NNDM's fault or any company fault for this crash, it has nothing to do with the stock it self but the bond yields correlation, but because NANO DIMENSION is relatively a small company, days like this it will get hit harder.
Find out why we love this stock here!
$SOL Descending ChannelDouble bottom support would be a good entry. Still more downside but keep on your watch list. Set an alert so you catch the bounce
Bullish Resistance Break or Bearish Breakdown Coming QEP?Shares of QEP also surged on Thursday, which continued a multi-month rally that began in late-October. In fact, since October 3th, QEP stock has climbed nearly 350% so far. It also reached a fresh, 52-week high of $4.13. The strength in the underlying oil and gas industry has helped propel momentum in the stock for months.
Biggest question might be what happens next. You've got OPEC+ seemingly at bay (for now) and even with markets selling off, QEP and other energy stocks are surging.
Something else to consider with QEP is the company’s pending merger deal with Diamondback Energy Inc. The plan is for QEP to get acquired in an all-stock transaction. The expectation on the timing of this deal is late in the first quarter of this year. Considering we’re in the final days of the final month of the quarter, that could also become a source of speculation if it hasn’t already.
Quote Source: Are Penny Stocks Worth It? These 4 Surged As Markets Sold Off
