After a healthly correction, I went back over my charts and review the retracement and extension projections for BE. Looks good up to $77 Good luck!
This corrected back to between the Fibonacci .5 and .618 level, which using the Fibonacci extensions, means that the next price target is ~1.618 (~$58). Gook luck!
This one came on my radar over the weekend. After some healthy corrections in the clean energy sector, there are a few stocks that looks poised for a rebound. Doing some basic Fibonacci retracement and extensions analysis says that this could reach ~21. Buying in @ ~6.50 I'll probably look to take some profits @ 17 and then hold on until 21.
Taking a broader view of what's going on with SUNW, it looks like it recently complete a cup and handle pattern with the expected gains. And now we're retracing back to earlier supports. My theory is that the stock will bounce off of the $12.50 support and start it's climb back up. My theory is that it will have a breakout after crossing $23
As I said before, I'm looking for this complete a cup and handle pattern. We were in the downturn of the handle and we ended the day with a bullish hammer. Currently up 7% in after market trading! Fingers crossed - good luck everyone. Remember to do your own homework and let me know what you think!
I'm cautiously optimistic that this has hit its bottom after closing a 42 to 37 gap. I bought in at 40. The day ended with a bullish hammer, looking for the next couple of days to reveal if this will have a break out.
After adding more of this stock to my portfolio today, it's always a nice thing to see a bullish sign at the end of the day. This stock didn't suffer the same downturn as other stocks today, so I'm hopeful that it's a sign of a strong sign. If it starts pulling higher in the next day or two, I'd expect it to break out above previous highs. Good luck - do your...
After a fall back to December support levels, the stock finished with a bullish hammer candlestick - let's see where it goes tomorrow. I added some more to my portfolio @ 15
Just reviewing my usual green energy stocks for potential buys and I realized trading was stopped on WKHS after a 50% drop. Where's the bottom on this?
Looks to be bouncing off of a retracement and looks to have a 25% upside in the near term. As always these are my own observations - please do your own research.
I find it interesting with the entire tech sector taking a dirt nap that EXTR didn't really have the same downward reaction as the others. I decided to add more on the ever so slight dip.
Given how bad the market was this morning I decided to go shopping :-) - luckily half of my portfolio was in cash after hitting a bunch of stops over the past week or two. I was able to buy back in after this bounced off of the ~37 mark with the gap between 37 - 43 having been filled. I made my entry at ~40. I'd like to keep this in my portfolio for a long term...
I like PLUG and I'd like to buy back into it, but I think it's a good time to watch and wait. From what I can see there isn't much support between where it is now and a much lower $35 price. It could reverse and come back up, but there's nothing supporting either case right now. I'm interested to hear other opinions.
I've set a buy to occur just above the resistance line. After breaking the resistance, this should have a couple of dollars to the upside in the short term.
Looking at BE over the long term and I realized that a cup had been forming over the past couple of years and it looks like the recent pullback might be the handle starting to form. This is very interesting since the cup itself has a depth of ~$35. Rule of thumb says that the after the reversal out of the downtrend of the handle - the breakout would climb to the...
I just noticed this today - it appears that AYRO is forming the handle to an already complete cup. My strategy is to watch the downward channel and wait for a clear breakout above the channel or the cup handle (if I'm being more cautious) and then buy in. The rule of thumb says that the handle should complete in the top half of the cup (about where it is now)....
I'm watching this as had an uptick yesterday. If it closes about the channel with increased volume then we could see ~7 increase in the next week or two.
Got back in after my stops were triggered ~22. After a pullback, I've gotten back in ~19 and my price target is ~$30's These are my own opinions, please do your own research and let me know what you think.