RedHotStocks

RedHotStocks

****COULD BE A GREAT MOVE IN THE DAYS TO SOME, AFTER VERY POSITIVE DATA FOR THEIR GEN-009 CANCER VACCINE****** Joseph Pantginis also upgraded the stock to $42 today, he states, “Valuation and risks to price target achievement. We reiterate our Buy rating and are increasing our price target to $42 from $5.75. The factors impacting our target change include: (1)...

RedHotStocks

Since the last earnings report NASDAQ:GOOGL is now down over 17% and the selling shows no signs of halting. All major support levels have been broken and it looks very likely that the D December lows are within reach. Despite analysts upgrades recently the stock has continually sold off any small rallies and is now in oversold territory and the momentum...

RedHotStocks

********CLDX PRESENTED ENCOURAGING DADA AT THE ASCO ANNUAL MEETING ON JUNE 1st, WHICH HAS GOT THE ATTENTION OF INVESTORS PREMARKET, WITH A 15% POP, SPECULATIVE BUT POSSIBLY VERY REWARDING************ “We have observed intriguing clinical activity across a number of patients with similar gene mutation patterns in a disease that has extremely limited treatment...

RedHotStocks

********Major deal for NASDAQ:MDGS as it signs a licensing and sale agreement in greater China for $3million, Huge deal for a company with a $9 million market cap************** COMPANY PROFILE medigus Ltd. is a medical device company, which engages in the research and development, manufacture, and sale of endosurgical tools and instruments. It specializes in...

RedHotStocks

Thursday's earnings report by NASDAQ:OKTA was a blow out and the guidance was outstanding. Due to the market weakness on Friday the stock did not rally as much as it should have, within the coming days investors may get a better entry point into the stock, but if you are a long term investor and willing to hold this stock for 4/5 years , just buy it asap and...

RedHotStocks

These high volume options as listed on the chart are really unusual as the price action is so poor in NASDAQ:MU and sentiment within the SMH and the Tech sectors are terrible. The June G20 summit is really seen as the last chance for any change in tone towards trade with China, so investors in TECH are wishing June was over asap. On the flip side the sector is...

RedHotStocks

From the charting perspective it is clear that momentum is back with the bulls and the options market indicated that will continue, option traders are signalling a 20% upside move to the $130 area by July 19. Our previous wave count remains intact and the next hurdle is crossing above the 200ma, which should engage more new investors.

RedHotStocks

One tweet and investors in NYSE:STZ wake up to a 9% loss on a issue completely from left field. No one expected this to happen and in reality it should never happen, picking fights with your friends does not damage your enemies. The trade dispute with mexico, announced by a tweet just shows what a sitcom politics have become in the USA, his own trade advisors...

RedHotStocks

****** OPTIONS ACTION CAN BE A GREAT INDICATOR OF FUTURE ANNOUNCEMENTS OR A EARNINGS SURPRISE, FRIDAYS OPTIONS ACTIVITY IN NASDAQ:ALGN IS HIGHLY UNUSUAL GIVEN THE UPSIDE TARGET OF $430 TRADED WHICH IS 50% HIGHER THAN THE CURRENT PRICE, THE EXPIRY IS 2020 BUT IT WOULD STILL BE A DRASTIC MOVE. ALGN HAS FALLEN OUT OF FAVOUR AND HAS QUITE A HIGH VALUATION BUT IT IS...

RedHotStocks

May has been a horrendous month for the Tech sector, they majority of the Giants are sitting on the precipice of major corrections. The indexes are starting to lose all major supports, so the activity in the options market is extremely unusual when Traders are betting on such a bullish move to $134 by June 21st. There is no stimulus on the cards apart from...

RedHotStocks

Quite an eventful week for NYSE:LYB with some notable changes for investors to stew over. The CFO has announced his retirement, a dividend hike is implemented and a share repurchase programme of up to 10% of the company's shares. The company like all among the sector has really struggled of late to find any positive price action with the global trade issues and...

RedHotStocks Updated 

======================== GTEH (GenTech Holdings Inc.) Alert Price: $0.0331 Float: 1.12M Chart Analysis Company Website | Recent News ======================== Members, Are ready to end this already highly profitable week of trading with a potential triple-digit gainer? Please turn your immediate attention to GTEH (GenTech Holdings Inc.). GTEH is...

RedHotStocks

Needless to say, things got a little nervy yesterday, but it actually built confidence in our LTC position with the manner in which support held so strong. We have described on the chart how we have altered out trade setup, and will update if that changes, possibly moving our 5th wave target higher but will stick with $130 for now. Happy and safe trading folks.

RedHotStocks

Having built some nice profits in EOS we have decided to bank the profit and await for a further pullback, or a break above the $9 region to accumulate once again. There is quite a lot of fomo money in EOS in anticipation of news today, so we adopt the "Buy the rumor Sell the news approach", much rather miss another- 5%-10% gain than loss hard earned profits.

RedHotStocks

Yesterday's price action was a bit of a wrecker with such spikes and wicks hunting stop losses to shake you out of the market. Despite the sudden bearish sentiment our 5th wave target remains in the high $9900 region. Atls suffered much higher volatility and losses that BTC yesterday, so BTC will probably benefit from a transfer of investments from those to the...

RedHotStocks

Te daily chart of Copper is horrendous it has lost the support of all MA's and sell side volume remains intensive. Copper is regarding as the leading indicator for the state of the economy and it is telling us trouble is stacked ahead. Disruption to global trade and political unrest in the Middle East, South America, Europe and China has produced so much...

RedHotStocks

There just does not seem to be any reason or data to bring any relief to the commodities market. Global slowdown looks a increasing risk as Mr Trump wages trade wars with half the world. The supply chain continues to grow while demand decreases, even tensions in the Persian gulf has not helped stabilise the markets. In our opinion it is a no go zone for...

RedHotStocks

******GIVEN THE CARNAGE AMONG HIGH END RETAILERS THIS EARNINGS SEASON, NYSE:GPS LOOKS IN BIG TROUBLE IF EARNINGS ARE NOT GOOD, DEFINITELY NOT WORTH THE RISK TRYING TO CATCH THAT KNIFE, SITTING ON THE CUSP OF PAIN.