Stock scanner has alerted to a bullish engulfing candle in this stock and on investigation, we discover that hedge funds have increased their exposure by 25% in the first quarter.
Affiliated Managers Group has hopefully completed a 4 year long correction, It has not been rewarding to its long term holders but there is signs of life once again. Buy volume and technical indicator point towards further gains and this stock could easily double.
LSI Industries has come to our attention due to the buy volume in recent days, along with the announcement of expansion plans and job creation. Obviously this seems to be a value investment with huge potential.
PPG was one of the first stocks to bring about the market sell off in the 4th quarter of 2018, it has rallied well of those lows but now approaches resistance and has show signs of a reversal. Indicators are showing bearish divergence and some adverse news releases have also not helped. We presume a reversal very soon.
The sirens rang when the dreaded earning pre announcement painted a gloomy picture for Office Depot, There is no evidence for along on this apart from the .65 fib retrace is holding, its a short all day on a break below $2.60
This stock has a history of volatility and violent moves on earnings reports. It has lately began to show signs off regaining some strength after activist investors rattled the cage. It may be worth a LONG gamble into earnings but with very tight stop loss.
Homestreet has been very active in the past month, announcing the sale of a loans section and the acquisition of a competitor mic that with the announcement of a share repurchase program it has caught our interest. On 05/04/19 the stock had a 450% increase in average volume.
We were alerted to this stock after a earnings jump and have now confirmed our interest after a follow up volume spike and unusual call volume action. We are following someone in the know.
LTC has ignited the crypto market and lead it up so quickly, this is why we believe it will be the first to correct, most probably at the $100 level. Indicators are to high and must reset for a run to $120.
$ETH seems to be in no real hurry and continues to lag the market leaders. $190 is a realistic target for sub-wave 3 of the overall wave 3 pattern. Remember the tortoise and the hear .
$385 IS MORE THAN ACHIEVABLE IN THE COMING DAYS IF THE PRICE ACTION IN BTC STAYS POSITIVE. $400 IS THE NEXT BIG BARRIER FOR BCH TO CROSS, WITH A CLUSTER OF RESISTANCE AND A PSYCHOLOGICAL LANDMARK.
Akebia Therapeutics, Inc. is a fully integrated biopharmaceutical company focused on the development and commercialization of therapeutics for patients with kidney disease. Today's activity in the option market signals that a massive move is imminent, we are following that trade.
RIPPLE is staging a comeback of sorts but has lagged the market and is yet to break any long term trend lines. It has managed to break the downward trend line from Septembers spike, but has the 200ma holding it down. in saying that we are positive that it will follow the market to higher highs.
XLM is gathering momentum after its terrible performance, we believe that the action today the 05/04/19 actually shows great strength as it leads the way today. We remain long and positive.
WHILE OTHERS HAVE RIPPED HIGHER NVDA IS STILL CARRYING THE BURDEN OF CRYPTO RELATED SALES DROPPING. $191 HAS BEEN TESTED 4 TIMES IN 1 WEEK AND HAS HELP AS RESISTANCE BUT THE MORE ITS TESTED THE BIGGER THE BREAK. STAY LONG REWARDS WILL BE PLENTY.
Triumph has a amazing few days of price action after being awarded substantial contract by BOEING to supply the US NAVY with hydraulic components. This is a long on break of $24 on continued strong volume and the possible confirmation of a inverse H&S.
Cat is trying hard to get out the range its has been stuck in for 6 months, will be one of the main benefactors if trade talks develop, on the negative side the strong dollar is making its equipment extremely expensive for foreign buyers. We are long and will consider adding if we can clear $142 on good volume .
This stock was brought to our attention by the unusual volume and option activity in the stock on 04/04/19 which also coincided with a very rare upgrade for the stock to $15, we will be taking a position if trend line broken on good volume.