prcruz408

prcruz408

Areas highlighted show good supply and demand price levels where the index may react strongly. Area of demand at 2055 - very clearly out at least 2 areas of supply in one impulsive move - seems like good indicator of strong accumulation activity at that level. The area of distribution at 2090 - may still provide some good downside momentum even though price has...

prcruz408

The company is looking to achieve an ambitious goal in the development and testing of drugs and explore the possibility of "printing" organs. If the first part works (3d bioprinted liver tissue) and is economically feasible - it will be gamechanger in cutting down the costs for pharma companies to bring drugs to market. This may be the future - and ONVO is the...

prcruz408

As of yesterday this biopharm stock gaped up approximately +47% and is currently stuck in a previous selling range established back in 2001. I believe there may be some interesting action at these levels given the strong gap up from $17 and into the $25 price level. These previously established levels between $25-$30 had sellers really come out evidenced by the...

prcruz408

First of series of stocks posts on finding opportunities of stocks narrowed by using finviz.com scanner. I used their "overbought" signal setting with the minimum 3-month trading volume average of 500k shares. PNK - Has had some growth on revenue and income - large capital outflows to reduce debt - very high debt to assets despite most recent drawdown to...

prcruz408

Last week - 2091 area noted as place where US Equities may turn lower - price didn't reach predetermined level but certainly has reversed sharply undoing the rally from last week. New areas of sell side activity have emerged between the 2070-2080 area. Price is neither creating new higher/lower highs or lows - suggestive of sideways trend. Nearest turning point...

prcruz408

Entering into a limit long position at 1197 when price returns to that level and eyeing target of 1218 - very favorable reward to risk ratio. Gold has had strong impulsive moves to upside signaling market accumulation

prcruz408

Limit order to sell at 2091 - target is 36 points below based on current market conditions - index sold off in strong and quick fashion signaling accumulation of sell side activity at this level and could sell if if price returns to level.

prcruz408

Approximately 2:1 reward to risk trade - selling at previous peak into rally

prcruz408

Currency pair returning to origin of large move up on monthly time frame. Area highlighted are previous areas where there was a demand imbalance causing price to move quickly upward Price would be retracing to these areas for the 1st time - may provide the necessary firepower to turn downtrend in sideways range or uptrend. May be to late to initiate further...