High Crush Partners HCLP is currently well oversold and extended below MAs. A bounce from here gives us a 3-8% opportunity based on previous price structure.
Alcoa AA is currently well oversold and is over extended below the short term and long term MAs. A bounce from these levels to return to the mean provide a 3-11% opportunity based on prior price structure.
Cantel Medical Corp CMD is well oversold and over extended below short term and longer term MAs. Previous price structure allows for 3-8% bounce targets. The 200 day MA is laying right in between the 3 and 8% targets at $105.
American Electric Power Company AEP is currently well oversold and over extended below the short and long term MAs. A return to the mean bounce allows for 2-5% targets.
First Solar is currently well oversold and has hit a previous market structure area. The price has extended below the short term and long term MAs. Targets of 4 - 8 % based on previous price structure.
Townsquare Media Inc TSQ is oversold and is over extended below moving averages. Possible 6-12% bounce opportunity based on prior price structure. Strong divergence on the RSI on the daily and weekly time frames. Caution, TSQ has exhibited bearish behavior since IPO making this a riskier play.
This would be what a bitcoin bull could dream of happening in the near term. I'm thinking the bear market will remain until next halving in 2020.
Altria MO is currently well oversold and is over-extended below it's short term and longer term MAs. A return to the mean allows for a 5-15% opportunity based on price structure.
CO is currently well oversold and resting on a previous price structure zone while being over extended below the short and long term MAs. A bounce to return to the mean here would allow for targets of 9-15% gain based on previous price structure zones.
Chesapeake Energy Corporation CHK is oversold and over-extended below the longer term moving average. Previous price structure allows for a 6% target as it attempts to return to the longer term MA.
High Crush Partners HCLP is well oversold and the near term moving average is over extended below the longer term exponential moving average. Previous price structure allows for 3-10% price targets.
GM General Motors is currently well oversold and is over extended below the near and long term moving averages. The 200 day SMA is around $40. If we rebound it gives possible targets of $38 - $39.50 based on previous structure. Also there's a double gap on the chart at 39.50.
Dollartree DLTR is currently well oversold, below price structure, and near term MA extended below the longer term EMA. Buying opportunity with 4-8% target prices.
BTCUSD has been well oversold and the near term MA has now extended below the longer term EMA giving a 10% near term potential target.
BLPH is well oversold and extended below the longer term moving average. Prior price action and structure provide targets between 9-17%. Caution this is a more volatile security and comes with higher risk.
Chevron has went well into oversold territory as well as the short term EMA is over extended beneath the longer term MA. Previous price action and structure give us a buying opportunity with a modest 7% target.
United Parcel Service UPS is oversold and extended below the moving averages. Buying opportunity with a possible 6-11% targets.
Care.com CRCM is currently oversold and extended below the moving averages. Depending on where we open tomorrow morning there might be a 3-7% gain opportunity.