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WKHS: Falling Wedge With Bullish Divergence Into The 2018 ZoneWKHS has formed a Falling Wedge with Bullish Divergence on the Daily as it has come down into the December 2018 Low. It has also Bullishly Engulfed the previous Daily Candles and has exhausted the Options Chain. At this point in time I'd expect WKHS to make its way back above 50 cents and perhaps run up to around $1 or perhaps a bit higher which would be best played by buying the call options at the 50 cent strike which currently trade at below 5 cents.
NASDAQ:WKHSLong
by RizeSenpai
2
$CMSS+$RENN Combo/Agreement-> $KXIN for $454,000,000 05/01/19www.globenewswire.com www.globenewswire.com $RENN The Original Parent Company currently holds 72% of the entire O/S And has agreed to the below stipulation: Upon the closing of the transactions contemplated in the Share Exchange Agreement in which CM Seven Star acquired 100% of the issued and outstanding securities of Kaixin, Renren received approximately 28.3 million ordinary shares of CM Seven Star, representing 71.7% of the total outstanding shares of CM Seven Star. An additional 4.7 million ordinary shares of CM Seven Star will be issued in exchange for currently outstanding options in Kaixin or reserved for issuance under the equity incentive plan of CM Seven Star. Additionally, 19.5 million earnout shares were issued in escrow. Approximately 20.4 million ordinary shares were redeemed in connection with the closing of the transaction. Kaixin has raised a total of $30.9 million from the business combination and related transactions, including $2.4 million that remains in the trust account established for the benefit of CM Seven Star’s public shareholders following the redemption and $28.5 million from convertible loans and a private placement. Several Form 4's dropped at 9PM 05/11/19 CEO 565,700 Shares www.sec.gov COO 471,400 Shares www.sec.gov CTO 94,200 Shares www.sec.gov VP of Marketing 75,340 Shares www.sec.gov VP of Finance 94,200 Shares www.sec.gov VP of Fine Products 18,750 Shares www.sec.gov Director 1,060,875 Shares www.sec.gov Director 477,518 Shares www.sec.gov Director 9,530 Shares www.sec.gov Director 9,430 Shares www.sec.gov
NASDAQ:KXINLong
by StockGuild
Strategies to Buy This Value Automobile StockFCAU has seen considerable improvement under its new management, and with the recent cleaning up of debt, they announced last month that they will be giving out dividends. FCAU has not paid a dividend since 2016, so this is incredible news for what I believe to be a very valuable stock to own in the next few years. Despite positive earnings, FCAU has seen a tremendous drop. Historically, this is followed by a drop in sentiment and an eventual rebound. Though a "cup and handle" rebound attempt was seen, it was immediately followed by a descending triangle pattern, breaking out into new lows. The average RSI-26 on the 30min candles seems to be descending linearly to the 30 line, where it historically picks up again. This is suspected to take place between March 14th to March 16th 2019. My suggestion is to pyramid in your buys once the latest low is tested and stop around a 5.5% low from the initial low after the earnings announcement. This gives you the following target buy points: $14.34 $14.22 $14.13 $14.07 $14.01 $13.93 $13.80 There is, however, a possibility that the best time to buy will be sooner than later. This, I believe, is largely dependent upon the current overall market trends. The S&P and Nasdaq Composite Indexes have been shaky lately. If the overall market rises, we will see this stock recover much more quickly, since it's Beta is close to a 2. In which case, jump on anytime and ride that bull.
FLong
by ValueMyAsk