SBLK is showing signs of strength as it makes a 52 wks price and monthly RSI hi. Can target 18 in the fullness of time.
Uranium has been under pressure for ages. But now the trend seems to be changing with new ATH on monthly RSI and price knocking on a b/o. When above 17 this could target 24.
As biotech's (IBB, LABU) lose fear of Trump, CARA should to well. Ist tgt. 12.80.
IWM has traded between 134.5 to 138.4, less than 3% range after the blast off from Prez results. A convincing break to the upside is needed for IWM to get back in bull gear.
In this thin holidays trading Oncocyte is showing hi RS, especially when compared to other bio's. So, keeping in mind the thin trade but respecting the hi RS, I rate OCX as a speculative long.
LOXO is up sharply today with RSI at 12 month high. Looking for a move to 45-48 for the stock to fulfill its b/o promise.
The monthly RSI has already broken out. When HOLX takes out 41.9, expecting a move to 50-52.
Cannabis stocks on a roll. Next target 14.5.
Some targets as $COVS rises from the ashes. $COVS chart via www.tradingview.com
The Italian referendum appears to lift a weight from European stocks. DB about to b/o with a 28 target.
Ist target 49 as $TWLO very oversold.
RSX has been in a relentless downtrend, but has now traded past a lower hi at 18. If OPEC meeting tomorrow is perceived as positive for $OIL, RSX should be on the next leg up with 1st target at 21-22, and then at 25-27. Best.
As FOMC decision re interest rate approaches next week, looking for selling pressure on gold to subside. TGB and other low priced gold miners should benefit from stable gold prices. Looking for a double in the next 6 mo.
Tidewater stock price has been crushed over the years, down some 95%. As oil prices stabilize in the expected$50-60 range in 2017, TDW may be a multi bagger winner in 2017.
INTX closing in on a 2 yr. high. If the promise of the monthly RSI comes to pass expecting 6-7 in the fullness of time.
Arista Networks been one powerful stock clearing its ATH today bucking the weakness in Nasdaq stocks. Bodes well for the target 30 points higher to 115-120.
After a terrible bear market where IPI got decimated by about 95% the fist signs of green shoots emerge. After consolidating for a year, IPI on track for a yearly high. If Ag stabilizes IPI has a strong potential for recover substantially over the coming year.
After a prolonged bear HOV has formed a stable base from which it can launch to the targets of 2, and then, 2.5. Monthly RSI is at 12 months high.