APHA is a potential day/swing trade idea. Technical Analysis: A (bullish) inverse head & shoulders pattern is nearing confirmation. Crossing above the previous high (Pivot) of 17.58 is a key indicator for this. Bollinger bands on the 20-day SMA indicate that APHA is currently oversold and trending upwards towards the central mean (Red Line). Potential price...
I will be watching EXPR tomorrow (26-Mar-2021) for a potential breakout as the daily moving average crosses above the weekly moving average that coincides with a Fibonacci time scale sequence. No particular targets have been set. However, previous levels of support/resistance have been identified.
From Technical Analysis stand point: Whenever a short time frame moving average crosses above a longer time frame moving average, it is common to see the price surge upwards. The daily (9-hour) period moving average (MA) is on track to cross above the weekly (45-hour) moving average. With momentum on the back of KBNT's upcoming earnings report (probable beat), the...
WKHS (Workhorse Group, Inc.) is a swing-trade idea that presents the following (Bullish) conditions: 1.) The 5-day moving average is about to cross the 21-day moving average price. When short period moving averages cross above long period moving averages, it tends to indicate an upward price movement. 2.) The monthly "Moving Average Convergence/Divergence"...
CBAT's descending wedge trend has reversed into an up trend. Little resistance is expected until it hits the $6.02 local fibonacci retracement support/resistance level. A day trade may be possible from $5.50 - 6.02 range. *Note - Prices tend to peak between 9:30 AM and 11:30 AM EST historically (See Chart). A swing trade may be possible from $5.50 - $7.24 over the...
INVO potential day trade. I may enter above the 5.85 for a price target of 7.45 on a bounce up from support. It appears that volume is concentrated at two primary levels, this trade attempts to profit on that spread. (Just an idea, not advice)
KBNT has developed an inverse "Head and Shoulders" pattern this month. This is a strong indicator that the down trend is about to reverse up. After the price crosses the "Neck line" (About $7.43 +/-) it is possible that KBNT will breakout gaining $2.50 in value (The height of the head to neck line) arriving at a potential target price of $9.93. Just my opinion,...
The rising reverse wedge pattern highlights common lower support and higher resistance trend. A pattern has emerged where the price appears to spike on/around the 9th and 21st of the month and the price seems to rise up to the next level of the fibonacci retracement (Support/Resistance). I would consider taking a long position at the $3.50 level for a potential...
VIAC (ViacomCBS, Inc.) appears to have a repeating pattern: Multiple times upon reaching it's all time high, it has fallen back below the 61.8% fibonacci (Golden Pocket) level on the rising fibonacci channel. Even more strange, it has done so within 212 days twice already. A potential long-term short opportunity presents itself from the March/April 2021 time...
APHA (Aphria, Inc.) is rebounding up from a support line on the year to date rising fibonacci channel. It is probable that APHA will continue it's upward momentum up to 17.81 for an approximate 13% gain (+/-) upon where it would encounter the yearly 61.8% fibonacci resistance level. If APHA crosses above 17.81, the Point of control (POC) where volume is most...
Projection of movement in the S&P 500 over the next month. Three potential paths identified for down trend bouncing up from three established levels of support along the (1997 - Present) rising fibonacci channel. Year to date accumulation of volume (red line) places the point of control (POC) at the lowest probable support level. First (highest) probability is for...
WATT (Energous Corp.) Identifying the primary breakout levels indicates a high probability for a breakout event beginning on 21/3/8. WATT has had two prior breakout events at the 3.80 level, first on a descending trend and second on an ascending trend, with a high peaks realized following descending trend lines (Over-Correction). The current scenario is occurring...
This chart is a projection of what how the US Treasury Bond yield may retrace back down following the recent upward spike. The chart uses Fibonacci retracement and a Fibonacci time scale that seems to have aligned with many of the major movements in Bond Yield over time.
KBNT (Kubient, Inc.) is an advertising technology (Ad-Tech) company that has been introducing some powerful (and proprietary) fraud-prevention tech into the marketplace, where others in this space can only offer to reimburse customers after they have already paid for ads that are later found to be fraudulent (with no possibility of ever being displayed to a real...
OTLK (Outlook Therapeutics, Inc.) is expected to commercialize the first and only FDA-approved ophthalmic formulation of bevacizumab-vikg for use in treating retinal diseases in the United States, United Kingdom, Europe, Japan, Greater China and other markets. The stock recently spiked up in anticipation of the most recent earnings report, and experienced a...