ATNM is showing some slow climb in pennies that may be trying to develop into something towards 20% and 80% returns just ahead. While risky looking there are some indications for a retest toward 0.30 and then fill gap to 0.45. Took starting positions at 0.24 with support of two week old uptrend line just below. Prices have just recently moved out from three...
Price hugging 3 month old uptrend line at $5.09 with support line at $4.92. First target at $5.42 resistance from recent tops over past couple month. Second target is high point at $5.99 made from volume surge on Dec 16th. Oscillator launch pad set ups are there with stochastic in oversold reading along with turn up with RSI BUY under $5.10 with SL at $4.90 ...
DBD price has been an earnings roller coaster wild horse. Price moved up from 10 to 14 back in late July. 40% Then moved down from 10.3 to 6.5 in October. 35% On Dec 12 a 1.50 price gap was filled with price moving up to hug a upper price channel. Two months into the price channel I see price preparing to have a natural pull back of 2 dollars. With price...
ARWR has been a great long trade since mid 2019 but after recent highs around 72-73 levels the risk of a natural pull back became apparent which is why I opened a small short position at the 65 level in late December (I remain bullish on this stock with long term holdings). Price began to consolidate and form a triangle pattern during the whole month of...
ALB has just recently moved out from under two downtrend lines and is just above pivot at $71. Rising uptrend line off of Aug $59 lows now gives support at the $70 level as well. First attempt to break out from 2 year downtrend will test first resistance at $76 level. Weekly RSI is in a rising uptrend with reading just above 53 level as well. BUYING now in the...
BYND was a GAP fill trade after month long bottom base during December. Jan 7 was first surge green candle that signaled a move up from base was in play. In only three trading days the GAP was filled.....now what? Well with three or four surge candles and price now off the bottom base of support the reversal trade is on with uptrend in prices that filled a gap....
SPCE had a screaming alert profile (FOR ME) on Dec 16 @ 9.00 yet I somehow missed it. With only just over a year of public trading near the 9-10 level price began to climb up in September and October (I missed it). Then a quick flight on volume spike to new highs in October followed by new lows around 7.00 into early December. Volume came back soon after to...
TLRY is my third idea in the pot space and while CGC and CRON have very similar charts this one is different. While price has finally hit a bottom low there has not been as much time to form a base of support like CGC and CRON. Therefore while this pick is more aggressive in my profiling it is capable to benefit from any rebound in the space and make a 10% trade...
CRON and CGC have similar price patterns and I have begun my weed stock trade ideas with CGC in front, followed by CRON and bottom fishing for a third idea.... Both CRON and CGC had price declines during 2019 that have subsided with bottoms made and sideways movements for past couple months forming support for reversals. MACD signals along with launch pad set ups...
CGC is showing strength among the smoked roaches of weed stocks during 2019. With price having collapsed to 52 week lows on Nov 18 @ 13.81 a three month base as formed in the 18-21 range that has caught my attention....from the smell of course (cron has similar chart). Price has begun a small upward trend with first resistance test at the 22 level. I am starting...
REZI price gapped down back in October from 15 to 9. Since then price has formed a triple bottom at 8.80 area along with a price move up to 12.30 in December. Now for past month price has consolidated around 11.75 area with oscillators falling down toward set up for a turn around move to continue previous trend towards the GAP fill. I had a test trade at 9.40...
So I started this trade profile two days ago and made starting position trades this morning @$2.10, $2.11 and $2.12. A lot to like about the chart and oscillators at the $2.12 level. What's not to like: 1) Breakout is just now moving out of two downtrends, one from 17 months ago from $8.45 level and another over six months old. This breakout above downtrend...
AXDX price has moved off a double bottom from $14.30 level and broke out from under 3 and 6 month downtrend and separate support line at $16.00 on Dec 12, last month. Today price is at pivot point of $17.03 using month old uptrend line as support. Oscillators are also now in position for move higher with stochastic at oversold level turning up. RSI is using it's...
I see a BREAKOUT profile with TELL at current prices at or near $7.42. FIRST attempt to break out from under downtrend line since DEC 2018 from $11.80 Previous price thrust from Dec 2018 lows moved from $5.90 to $11.80 =100% gains Second price thrust from Aug 2019 lows moved from $5.12 to $9.27 = 80% gains Current price thrust from Dec 2019 lows of $6.60 to $9.27...
NBY has successfully moved up from it's recent lows and pivot at 0.55. A newly formed uptrend is supporting BUYS in the 0.64-0.67 price range. Over the next 4-5 days I'd like to see price move to above grey area zone to 0.70. This would show continuation of uptrend moving out of high point downtrend and above 0.67 pivot. IF 0.70 is made the next target is...
Radar item with solid uptrend in prices. Recent move shows ABC first wave of about $1.40 followed by brief second wave lower followed by nice strong third wave of over $2.75. Price is now forming downward fourth wave with indicators rolling over looking for support below. Will look for $6.14 area reaction and further test towards $6.00 and/or $5.61. Not...
5/1 Trade profile found with WKHS. BUY $2.96 Target $3.77 Previous 4 month uptrend made prices rise by 4.00, followed by 3 month downtrend. Price is now attempting to break above $3.00 pivot point where support became resistance during previous moves. With price now in a new forming uptrend and moved out from prior downtrend, look for price to track along...
November 26th NIO stock price rose above top downward trend line of a price channel for the first time in 9 months. Price began to move upwards inside a newly formed uptrend price channel from prior lows after testing previous downtrend as support in what appears to be late stage of 2 month cup and handle pattern. While price continues above the downward support...