Looks like NYSE:BBAI is finally breaching the double bottom resistance line. Volume is respectable, relatively higher. Squeeze is starting to expand MACD and Williams %R are also flowing in the right direction. Entry point - anything after the stock closes above $4.81 Initial Price target is ~$8 72% Upside
NASDAQ:APPS is breaking out, having closed above the double bottom pattern resistance (at $4.64). Entry: Any point now. If you want to get it at a more affordable price point, this may retest $4.64. Price Targets: $8.06 to complete the Double Bottom pattern 73% upside $9.91 to complete the Falling Wedge pattern 113% upside
NYSE:BBAI broke resistance overnight of $9.94 and is now working toward its next Price Target of ~$12 - $13 $9.94 Should now become the support and we should close above it for the day even if retesting it.
NASDAQ:AISP broke it's double bottom pattern resistance with some upside potential. Entry Point: At the current price OR (as I suspect there will be a retest of the $6 resistance) somewhere around $6 Price Target: $8.14 - 35% from the $6 resistance.
NASDAQ:RGTI I'm revising an earlier post to clarify that this is actually a Pennant pattern that has formed for RGTI. Entry Point: Conservative - wait until the stock closes above $13.98, which should indicate a breakout. Riskier - Anything above $12.03 Price Target: The upside is 72% - $24.00
NASDAQ:RR looks like it's setting up for a possible breakout. What to look for: Price closes above the breakout threshold ($3.90) Volume is spiking - looking at recent spikes, looks to be ~60++M shares Squeeze is expanding in a positive direction (UP!) MACD is signaling BUY William %R is pushing into oversold territory (~20% or less) Entry:...
NASDAQ:ULCC is breaking out of double bottom pattern after reporting earnings. Entry: Any current price point above the $8.33 breakout point. Price Target: $13.87 ~40% upside.
NASDAQ:RGTI has been in a consolidation pattern for the past ~11 trading days. Creating a nice volume shelf of support. It continues to bump up to the line of resistance, but hasn't broken through. Here's the trade: Conditions: The stock price closes above the line of resistance ($13.98) Volume is relatively higher than recent bars (a spike) Squeeze is...
NYSE:OKLO is breaking out of a consolidation pattern (falling wedge) And what appears to be a flag pattern. Confirmation is a 24% uptick in price along with strong volume. Initial Price Target is ~$34.50 to complete the falling wedge pattern, which is a short term 25% upside. Secondary Price Target is ~$42.90 to complete the flag pattern, which is a...
NASDAQ:AEHR is breaking out of a triangle pattern with positive news and earning coming. Things to consider: Earnings - Monday 1/13, they've been posting wins quarter after quarter, and I suspect this quarter will be no different. I'd expect a positive boost for the stock price. News - They've made recent announcement about new product offerings which will...
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NYSE:QBTS appears to be forming an ascending channel with momentum. Note the William %R is climbing with higher lows. The play for this is to purchase as it's bouncing off the support line (lower green) Sell signal - The channel breaks down if the support line is pierced - meaning the stock closes below the green support line. Breakout signal - The...
Looks like NASDAQ:QUBT is breaking out of an ascending triangle with a $20 upside target. Confirmation will be the amount of volume traded on the day and if it stays above the $19.88 resistance line.
NASDAQ:LIDR appears to be breaking out on news of additional funding. Confirmation - huge uptick in volume as well as Buy-in Aggressive - $2.45; Conservative - Price after closing above $2.30 Price Target $9.79 Good Luck!
NASDAQ:AAOI is forming a bullish pennant. Here are my thoughts on a setup. Buy-in Target: Conservative - $39.50 after confirmation that a breakout is happening - My signal is when the stock closes above $39.50 with relatively higher volume. Higher Risk/Reward - Purchase now (~$34) and set a stop loss at a point where it looks like the pennant is...
NASDAQ:LUNR looks to be breaking the upper resistance on its ascending triangle. False breakout or is this for real, only the volume knows for sure :-) PT's up to 26 on this one!
Up 8% after testing lower, but holding the $3.20 support line in the previous trading day. Upside is to ~$8/share. Check for end of day volume for confirmation, should be relatively high volume spike.
NASDAQ:RGTI appears to be breaking out of a bullish flag with ~$14 Price Target (PT). Awaiting confirmation on volume, but 100M shares have traded 2 hours into the trading day, which matches recent daily volume. Long story short... looks like there's going to be a lot of volume today. As I get closer to the PT, I'll set up a trailing stop to help maximize...