Not investment advice. Most penny stocks are only good for swing trading. This one has been in the gutter for a long time. It has also completed a public offering (dilution) and reverse split to retain NYSE $1 compliance. I like SBFM to make swing trade up to $4.30 or so. Short interest is fading away. Pivot Point flashing on the 1Day timeframe through 1HR...
LPSN showing a pivot point on every timeframe from 3week to 10minute. Also, Tom Demark 9 count showing lower than a 13 count on the daily. Volume is picking up. 282 institutional owners are long. On exchange short availability is dwindling. We could see $1-2 this week.
Biolase is in an interesting spot. They were recently awarded a 2023 best employer work place award and are about to announce their annual earnings in March. The Pre-audited numbers look good. Separately from technical chart perspective it has a history of retesting prior cycle support. The left chart showcases prior monthly lows being retested. The current...
DRRX is nearing a breakout on a well established trend line. Short term this could go up to $3.50. Long term on a monthly swing trade we could see $10. Volatility incoming. Keep in mind it could always ride the trend line lower. Waiting for confirmation reduces risk.
Incoming short term pump and dump to .95ish range or higher. Could go even higher long term. Printing a Double Tom Demark 13 on the Monthly. A long term swing trade to $8.00 is in play. Most analysts have this stock at $5.
I'm a big fan of the Tom Demarks 9 count, volume and Vumanchu Cypher B indicators. Everything happens in waves. Predicting bottoms is near impossible. Some stocks die and never come back. BIOL is currently showing a 9 on the 1 year chart, a double 13 on the 1 month, triple 13s on the weekly. It has is a low market cap, compared to its revenue and all of its...
Lumen Technologies will head up to the trend line around $4.50 from here. Great buying opportunity here.
On a long term swing trade I could see MCOM going up to $5.50. On a shorter term I could see it spike 500% from here at .0395 to above .24. MCOM has been in a constant state of down, however, the daily Moving average is starting to level out. Everything happens in waves. If you look at the volume flow on a 2week or monthly you'll notice the sell volume has...
Based on the monthly TF and bottom trendline we could see BBIG pump to $12 on a longer term swing trade from here. On a shorter TF we should double our money for a 2X trade to $4(ish). I am buying today. It could go lower. Based on the trendline it could easily drop to $1.84. Nothing is guaranteed to bounce.
Not sure when the bottom is, probably tomorrow. I bought PBTS at .64 with a target sell front running 1.35.
I know absolutely nothing about this stock or the health of this company. This is purchase is purely for fun and to see if my Demark theory is right. If so, we should see TGHI run to .0008 to .0002. for 900%+. Side note. DO NOT attempt this trade. This is my first OTC trade and I'm testing indicators on beat up stocks. I only invested $10 and will update...
I like CYXT on the weekly and daily TFs to swing trade up to .85 or higher. I believe this stock is valued at $1.4, the company is healthy and we should see this one pump up soon.
I'm a big fan of today's 50% capitulation dip on EJH today. I could see it running to .88ish over the next couple of days/week(s). This is high risk. Its a chinese stock that has not had its earnings report, recently replaced its CPA, is on its 2nd reverse split and is trading below $1 and could potentially get delisted.
DYOR A buy signal was issued from a pivot bottom point on Wednesday, May 10, 2023, and so far it has risen 5%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Has held in this price range of .40-.45 for two weeks. The 1Day and 4HR...
I like MCOM to pump and dump 2.5X to 1.30ish over the next couple of days. Buying now at .59.
WISA is currently 1.25 and could drop to 1.15 before a pump and dump up to $3.7. I personally bought in at 1.20. I don't plan on shorting near the bottom. WISA will have an earnings announcement next week 5/16. For those less risk adverse traders its best to wait until after the earnings report. I also like WISA as a long term swing trade to $8.50 in the...
WETG is signaling near bottom on a couple of my favorite indicators. Its about to touch the red trendline that connects hard bottom bounces from the beginning of WETG time. Trendline is showing a bottom of .480. But it could be off a hair and this could be it. This could be a great long term swing trade for 10X gains.
This one is at the top of my watchlist. Exela has cut its debt dramatically but has had poor financial performance. It SaaS product services banking institutions, which have been struggling. They have a reverse stock split vote tomorrow and an earnings report on 5/11. They have been notified of delisting for being under $1. ****This could continue to be a...