OWCP is spiking after the release of his annual letter to the Company's shareholders, presenting their goals and objective for the upcoming 2017. Now there is a strong rejection, i'm expecting a deeper correction.
MYHI is in a short term uptrend. I'm expecting a strong correction to the downside.
PRKR is spiking probably driven by news and it is breaking the previous consolidation area. If the level posted on chart holds i'm expecting more upside for this one.
OBPM looks bullish after this news: "Departments of Urology and Oncology Approve Protocol for OncBioMune's Phase 2/3 Trial of ProscaVax for Prostate Cancer in Mexico". From a technical point of view there is a double bottom, bullish divergence, small degree downtrend broken and increase in volume.
RTK seems in the middle of a correction after the big wave down. I'm expecting a small degree wave up before the next wave down.
SBLK seems in a bouncing phase after the previous drop on daily chart. Now it looks too much overextended and i'm looking to the price action for a potential pullback.
RVP seems bouncing after a huge drop from 2,50$ to 0,89$. I'm looking for a potential wave up if the neckline level posted on chart holds. A strong breakdown on 1$ level invalidates this setup.
IRG has broken the downtrend and it seems going for more upside if the rising trend holds. For the long term i'm expecting a strong wave down.
NM is in the middle of a rising channel correction. More downside expected.
RUBI has broken the long term resistance with a strong impulse and a huge volume. If the level posted on chart holds i'm expecting one more wave up.
SNAK drops to 6$ after a rejection on the 10$ level. The uptrend is broken: more downside expected.
HOV has broken the uptrend after JPM has assigned Hovnanian stock a price target of just $1.60. I'm expecting more downside for this one.
INSG is trading in an ascending channel but it's facing to a resistance area. I'm expecting a rejection in this level for one more wave down. Hidden bearish divergence on 4h chart.
ATRS has broken the uptrend with a strong impulse. I'm looking for a potential bounce before one more wave down. Bearish divergence on 4h chart.
APTO is in the middle of a correction. If the lower trendline holds i'm looking for a potential expanding triangle formation or an harmonic pattern. A strong breakdown on the lower trendline invalidates this setup.
TDW has broken a long term downtrend with a big impulse, but it is retracing too fast. You can look to the price action for a potential buy on the bounce or you can wait for a potential short on the pullback.
NSPR is trading in the middle of a rising wedge, so it has possibilities to trade long if the lower channel holds or to go short if you see a rejection on the upper channel. A strong rejection on the upper channel can determine a breakout to the downside.
NEPT has broken this ending diagonal formation but now it's making a pullback. Look to the price action on the broken level for a potential wave up.