$AQMS Could be a bounce soon, watchingConsolidating inside this wedge, could be a good break out coming.
0HH6 trade ideas
AQMS: my favorite holdingAQMS is my favorite investment. I’m currently holding it long term with a small position at $1.9 x 25 shares. I’m starting small, will start accumulating. The only thing is that the word on the street is that they will dilute their shares once stock price hits around $4. So in the case they announce dilution, it might be better to take profits around $3.6.
Aqua Metals Inc“After seeing firsthand the maturity of the AquaRefining technologies, I knew that I could make a direct impact as the Company executes on its growth plan to license these technologies on a global basis, beginning with delivering the world’s first licensing package to Clarios,” said Han.
Dr. Feng Han, new Vice President of Licensing and Pricing at Aqua Metals
I personally see a good future for green companies like that one.
As always not a trading advice
aqms short squeezeAqua Metal - $2.35 - 12 month target of $9 to $16 - This company is in the midst of a management reorg and is expected to become profitable this year. 4 analysts with a strong buy rating. Break up value is above $3 not to mention the business value.
27% of the outstanding float is short
Shorts will try and keep the stock trading in this range but I am betting they will not be able to for much longer and will have to cover.
Cheers,
yet2592
AQMS- 1 of my 2018 Swing Trade Candidates for 500%+ Potential$AQMS - has been beaten down from roughly the 22.50 high its at 2.08 currently. I feel it can have the same potential as last years swing candidates $IPI which was in the low 1s and $Galt at the .89 cent level. So i have added it to my 2018 swings with 500% potential list.
The share structure is roughly a 28 mil OS with around 24 mil float with such a small structure and between 12-15% short interest could see a swing back up to over 10++ in 2018.
The company is well funded and holds patent to "AquaRefining, which recycles lead batteries without producing additional waste that ends up in landfills. Recycled batteries are broken apart by machines that separate the plastic from the lead. The plastic is recycled, while an electrochemical process rids the lead of impurities."
It has a deal with Johnson Controls $JCI that i think can really start to take hold in 2018 in terms of revenue growth...
Took my first feeler today
AQMS testing key 12 support, will it hold til Aug. ER or 10.65?Looks like AQMS was trying to establish support around 17.65 after good Feb. ER, but totally broke down through 3 support levels after reporting May ER loss, testing 10.65 and finding resistance at 13.37 area. Seemed like it was finding support at 12 level but now looks like it's testing it. Will 12 hold til Aug. 8 ER or will it break toward 10.65 again. I'd guess a close below 12 today suggests we may def see 11 and possibly 10.65 tested again before the end of the month. I sold Jul. 12.5 puts for 1.85/c which were May 15s rolled out so would get assigned at 12.3 avg. as first entry. Waiting for dip < 11 to sell Aug. 10 puts to further reduce avg. on this but reluctant to load full position before ER on Aug. 8 since I haven't done enough due diligence on this one. I'll do some dd, see how it closes today and update next week:) beginner charting, thoughts welcome!
Head & Shoulder Top measured move possibly completeThough H & S Top have high failure rate, their measured moves CAN be precise. Bulls want to see a reversal soon with this stock.
Revenues may prove pivotal for this early stage company A wedge break may suprise shorts in run to earnings within a week.
Conversely, bulls may be disappointed with unreasonable expectations.
Many factors are in play for this potential industrial disruptor.
Among elements of importance for this quarter are initial revenues, gameplan execution and key news and anouncements.
Retracement complete?current prices reflect 61.8 Fib Retracement from breakout gap
Bulls would like to see a reversal here.
Bears would prefer the over obvious H&S top with
a gap fill climax. What do the odds favor?
AQMS - Flag formation long from $17 to $19AQMS is a nice Flag formation. We discussed in the valentine day trading alerts. This is a nice opportunity from $17 to $1
* Trade Criteria *
Date first found- February 14, 2017 (Discussed in Valentine day Trading room)
Pattern/Why- Flag formation
Entry Target Criteria- Break of $17
Exit Target Criteria- $19
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)
SMELTING IS DEAD to meThere still may be a buy and hold option, or an 'investment' in old school speak.
wedges within channel formation possibliltiesgood digestion of low float stock with LOW BETA, good in current rising risk environment,
fundamental story continues to develop, good company with strong holders, look for offers to dissipate and further annouoncements of corporate progresss toward goals.
Technical confimation may support fundamental analysis, new technew technology in an old industry, lead acid battery recycling. Unglamorous, but necessary and economically viable with positive 'green' twist. Not investment advice, do your own due diligence.
