Buying here just above $1.30 support level. About a month or so left for an important data release. Dilution done and out of the way. Small float and a big short percentage. Nice setup for a run-up play imo.
This chart is pretty straightforward to me. As long as the price stays above 50MA, it has a chance to break $1.40 and test the 200MA. Above that, the stock will test $2 and then perhaps the highs from Spring 2018 in the $2.40 area. All of this will happen between Nov 2018 - Dec 2018. Co has got data coming up in Jan. Insiders have loaded millions of shares in the...
Chart will tell you the story on the price standpoint. Right now, to me at least, the stock is down big due to low trading action during summer months but a lot of this will reverse with upcoming Fall trading as well as MJ catalyst of Canada set to go legal on Oct 17 2018. DPWW currently operates two premium MJ stores - one in Colorado and another in Seattle. Co...
Buy break of $135 for gap fill idea to $145 resistance. Not going to take this trade myself but just posting the idea for review later.
Stop will be either at line drawn on the chart or 50 SMA. Nice entry point with slow sto pattern bouncing off of 50 SMA. Will look to re-test recent highs and break out to new highs.
Purely chart idea (Long) for $TCCO. This is a tiny float, former runner that is building higher bases on the daily. Backtesting shows, once this breaks out of the current consolidation zone, this could go on to explode 300% over the next 30-60 days. Co has very strong balance sheet most recent 10Q linked and C E O made some very bullish comments in the most...
NASDAQ:SORL reported strong ER numbers around mid-May. Stock gapped up and since then has pulled back to $4.60 area. Backtesting shows similar behavior each time the co reported strong ER beat in the past. See May 2017 and then Nov 2017 chart areas. Based on similar pattern, target 1 is $6.20 area which is also now multi-month resistance. If that breaks, next...
A lot of folks have been asking me regarding the idea around NASDAQ:AKTX setup. So instead of repeating myself over twitter and other places, I am going to post some DD behind my thesis in case you find it useful. Currently, stock trades around $2 mark so w/ ~15M shares in the OS, the market cap is ~$30M. As a point of reference, co has their lead asset...
NASDAQ:CNAT will be looking to go long on this stock when the pattern presents itself on slo sto b/o and %R confirmation. Currently, will keep on watch as it consolidates.