AleksandrLombrozo

AleksandrLombrozo

Recently First Business Financial Services, Inc. FBIZ has lost almost 18% of its shares value with the price crossing down 20, 50, 100 and 200 moving averages. On the other hand the stock is exposed to a strong buying pressure. The view might be supported by a growing volume and candle pattern analysis. The long lower wick which finished yesterday’s trading day...

AleksandrLombrozo

Selective Insurance Group, Inc. SIGIis testing several technical factors at the moment. Firstly, the stock finished yesterday’s session forming second bullish engulfing in five days which resulted in RSI(5) divergence. Secondly, the share price has currently stopped its downward correction at its previous resistance level which was violated by a gap move...

AleksandrLombrozo

Being below its below its 5, 20 & 50 day exponential moving averages and located in the middle of the declining channel the share price of MDXG is considered strongly bearish, though we would expect slight buying pressure. It might be attributed to a valid support level which the stock used to touch several times in 2015 and 2016 but failed to...

AleksandrLombrozo

Last week appeared to be very profitable for shares of AYR which gained more than 7% and crossed up 20, 50, 100 MA confirming long term bullish trend. Despite losing some momentum in the beginning of the year when the company depreciated almost 30%, all losses have been covered and currently this stock looks to reach its eight years high at $25. The cross of MAs...

AleksandrLombrozo

Last week Patterson-UTI Energy finished with bullish engulfing which pierced up critical price of $20 for the share. This resulted in price bouncing off the lower boundary of the channel which now has every chance to extend its upward motion. Fundamentally oil sector companies are recovering the losses which were incurred due to the low oil prices This is the...

AleksandrLombrozo

An independent natural gas and oil company MRD is on its way to finish weekly head and shoulders pattern which would become an expected result of the rally since the beginning of the year. The company has already doubled its price since February 2016 and has every chance to increase the value of the shares. The level of $15, which the company is now facing, is...

AleksandrLombrozo

Genie Energy Ltd. (GNE) is undergoing bad times since it is involved in oil and gas exploration and is deeply correlated with oil prices. However the stock has approached its triple bottom area and seems to be testing this zone for almost eight weeks in a row. Apart from that the company reported second-quarter net income of $3.5 million, after reporting a loss in...

AleksandrLombrozo

Recently Navios Maritime Midstream (NNA) shares have been gaining some bullish momentum since the stock formed bullish divergence with engulfing pattern at the bottom of declining channel. The session before yesterday gave another indication when the price had broken out of the ellipse and risen above the median line of the channel. We would project the price to...

AleksandrLombrozo

PRGX Global, Inc. finished the previous week with bullish engulfing and tested its resistance level at $4,6 where bulls succeeded at rejecting that price several times. Yesterday PRGX formed marubozu pattern and now looking upward for further advance. We would project the price go up to at least $6 by means of measuring the previous bullish move at the beginning...

AleksandrLombrozo

Yesterday AST closed its session gapping up and breaking an upward triangle which might become a strong bullish opportunity. Although general downward motion is still intact, double bottom which was formed at the beginning of July and triangle breakout have every chance to finish with bearish mood. We would project the price to go up and reach at least $3.60 where...

AleksandrLombrozo

Despite reporting $1.9 million net loss for the second quarter of 2016 technical analysis stipulates the shares of the company would at least double its value. The point is that there was a bullish engulfing at the bottom of a significant rectangle which lasts more than a year. Moreover RSI(5) analysis implies divergence which coupled with double bottom increases...

AleksandrLombrozo

Yesterday Marin Software Inc. (MRIN) finished its trading day with bulls loosing the fight to the bears. However the former left a big technical mark on the latter. There is a long lower shadow which might prove bullish momentum and reinstate a down gap that happened on May 6th 2016 as a resistance. By means of measuring the high-low price inside the box we would...

AleksandrLombrozo

After a long period of appreciation JPY seems finally loosing some momentum against its major peers. Yesterday it finished its trading day with bullish divergence and now has every chance to reach its previous high of 107.00. For more ideas visit mercuriusam.wordpress.com

AleksandrLombrozo

Despite reported second quarter loss of $2.9 million that did not meet Wall street expectations, VNRX (VolitionRX) might look quite bullish in a distant future. Three weeks ago there was a bullish engulfing at the bottom of a enormous rectangle which should imply some bullish momentum. This is why we go long with this stock with TP near the upper boundary of this...

AleksandrLombrozo

With increased volume and bullish engulfing pattern which finished double bottom formation, OVAS is an excellent pick to buy this week. Last week global fertility company reported ($0.62) EPS for the quarter, topping analysts’ consensus estimates of ($0.78) by $0.16. The business earned $0.19 million during the quarter, compared to analysts’ expectations of $0.21...

AleksandrLombrozo

Looking for places to invest your money in light of cheap oil prises? Probably it is a high time the other way around. Companies (such as Aemetis) involved in biochemistry and renewable operations are picking up steam to replace often overpriced oil giants. Technical analysis implies the same thing as Aemetis, Inc. touched it 2009 low and ready to jump up any...

AleksandrLombrozo

If agree kindly go to mercuriusam.wordpress.com for details

AleksandrLombrozo

If agree kindly go to mercuriusam.wordpress.com for details