lonnobee

07:20

lonnobee

AMEX:SPY Based on chart and price action I am short term bearish, looking at possible pullback from recent bounce. I have puts short term and am being as flexible as possible, ready to pivot as chart shows me otherwise. I'd love to get your feedback in the form of chart analysis of your own, or just your general thoughts on ideas into this week and start of new...

lonnobee

Strong and steady intraday volume has created a nice candlestick for today (8/8) and has moved the price up to the next level/range according to my support and resistance boxes. I am holding this short-term swing overnight with a manual stop position at $1.77 (bottom of upper rectangle) and a short term price target at $2.05, just under key resistance at $2.06. ...

lonnobee

This isn't a "prediction" of where the price will go as much as it is a review of how clear the TA lines have been established. I've often found that big volume stocks in the small cap space often "follow the rules" of TA. And this is no exception. Hope this helps you get a better look at what is happening with this momentum stock! Feel free to add your thoughts/analysis.

lonnobee Updated 

$TEUM - Saw a huge spike after blockchain PR and as you can see on chart, it entered a new range and is holding the range (barely) at 2.50 close eod today, 12/27. It made it up to almost $4 PM 12/27 but failed to hold gains at open and made it's way down to the 2.30"s (which is where it dipped after PR release yesterday 12/26 suggesting possible new support). ...

lonnobee

After a handful of consecutive red days we see a doji candle show up at a decent support area. This in conjuction with good news released today plus ending the day above VWAP indicates a potential reversal. We'll see. I have a position in this stock.

lonnobee

The monthly shows a clear pattern of a long bounce after hitting the $3.50 area. Will it repeat?? Feel free to share comments/opinions below.

lonnobee

IDXG has gapped down twice over the last two days. It may have one more gap down left in it before it reverses. There have been many questions about this stocks price action, with a lot of theories, in the wake of a good ER, good pr (patent news) and debt restructuring and business expansion (all public info). Let's look at what we know. On the weekly chart...

lonnobee Updated 

It looks like a nice cup and handle pattern on the daily right now. But, there's no guarantees it's going to stay that way. Without PR, volume, or some other catalyst this is just going to drop to support. Can't predict...just have to react to what the chart gives you. I am HOPING for a cup and handle confirmation. I would love to hear any other observations,...

lonnobee

The candlestick circled shows that the sellers could not hold it down. This stock has great fundamentals and a massive gap on chart to the upside. Looking for reversal confirmation tomorrow. Also, receiving "trusted" alerts on this ticker.

lonnobee

Solid reversal chart on weekly. Today, 02/21, it's been bouncing off VWAP and looking very bullish on strong PR.

lonnobee

TA = Room to run to 1.86 if volume continues into tomorrow. Coming off solid news. RSI not too spicy yet...should have more left in it over the next 1 to 2 days with volume. Looking at 200 MA at 1.72 as potential target...

lonnobee

A few reasons I like SKYS for tomorrow and as a 1 day swing trade (I like to sell before earnings): 1. High earnings expectations - earnings Tuesday post market AND the price has shot up the day before the past 4 ER's. 2. This is the 3rd time in 7 days that it has hit what is now the $2.38 resistance. 3. Just Broke out of long descending wedge on daily chart...

lonnobee

From the looks of the chart there will be continued strong buying shooting this thing up from oversold situation, likely not selling down until spikes high enough above 8d EMA in my opinion. Up over 12% today isn't high enough for shorts to see much yet. Seems to be a safe play for a day trade tomorrow and potentially a long hold into next week. Do your due...

lonnobee Updated 

It appears that IPCI is starting a nice reversal bounce off strong trendline. The small channel I have created in purple is based on previous price action. There is talk in news of potential partnership....of course, if that happens there will likely be a strong volume/price move potentially through resistance. It goes without saying, but there are no...