IO - Easy trade Low RiskIO is a ranked squeeze stock. This is a low risk trade stop 1.36 and high 1.60 or higher.
Lowfloat
Waiting for a crazy brekout Obviously, NASDAQ:RGC is a crazy beast on steroids. Because it's ultra low float :) We've seen crazy moves already and now price is in consolidation stage. AWWAP formed since IPO serves as support and the price is coming closer to 10day SMA, what should also act as additional factor for going long. I have a position and now just waiting for the time to come when it gonna be sent to the moon.
Price targets:
1.618 fib level - at $69
$100 - psychological level
SBET Technical AnalysisSBET is a low float (<2m) sports betting company. With college and NFL football right around the corner, this stock is a steal at these prices. There was a solid rally at the end of the day today and will be looking for a big push come next week. There is clear resistance at 7.00 and could retrace and hopefully find support at the fib line below. Low volume= likely rejection. After a 7.00 break we can look to aim much higher.
MDIA Finally?MDIA has been on fire this month. Low float penny stocks are booming and this is yet another name to add to the list. Looking at a quick fib retracement reveals some interesting levels. Mainly, look at the 618 fib level. It has been tested 4 times before today and it failed to break above and hold new support every time. Now, Aug 10 MDIA is showing signs of this again and so far has held firmly above 618. Something else to consider is the 50 fib, which has been tested 2 times counting Aug 10th. There hasn't been any new news but speculation continues fueling momentum. For longs, this 618 area could be key. Meanwhile, Finviz shows a float of less than 2 mil shares so keep that in mind especially if you don't know how to trade volatile stocks yet.
" It’s worth noting that Rahsan-Rahsan is a seasoned veteran in the entertainment industry. The current Board Director, Laura Lee, states that he is a 'talented and dedicated leader with the right strategic vision, relentless drive, and passion for media required to lead the Mediaco team at this critical time.'
For some context, Mediaco Holding is a multimedia company working mostly in the radio and out-of-home advertising businesses. It states that has 3,500 faces throughout the Southeastern U.S., where it generates the majority of its advertising revenue. Additionally, it claims to own and operate two of the most popular urban radio stations in New York City, which is quite a large deal. So, while radio may not be as popular as it once was, there are still millions of listeners daily. Whether this makes MDIA a penny stock to watch, however, is up to you. "
Quote Source & Read More: Hot Penny Stocks For Your Weekly Watchlist in June
Writing The SCPS?SCPS seeing another spike in trading volume late in the week (week of 8/1). After plotting out the fib retracement using "normal levels" and not ones from the crazy parabolic spike previously, you can see this 618 area has been a key support/resistance level. With the latest spark taking SCPS stock higher afterhours on 8/4, it so far managed to break back above the 618 area for the first time in weeks. No news, no filings, just social momo. But thanks to it being part of that "low float" crowd, it could be in the mix of possible "short squeeze stocks" that've grown in popularity. Looking at the deets...back in May there were a few fundamental developments to track:
" the company announced that it received FDA approval for an Investigational New Drug Application for its lead drug candidate, CpG-STAT3siRNA. Now, a Phase 1 trial for B-cell non-Hodgkin lymphoma will begin at the City of Hope. This is a well-known research and treatment center for cancer, diabetes, and other diseases.
More To Watch With SCPS Stock
As a newer company, Scopus has only been public since December of 2020. The company initially raised just under $3 million from its IPO debut. While this wasn’t technically a penny stock initially, shares hovered around $5 earlier this month. That was, until the news on May 24th. Since the announcement, SCPS stock has surged past the $17 mark. Furthermore, even though it’s a newer company, analysts have also begun following the company closely.
Benchmark Research started Scopus with a Speculative Buy rating as well as a price target of $20. Analyst Aydin Huseynov believes that the company’s STAT3 inhibitor gene therapy, CO-sTiRNA, has “a reasonable chance to show clinically relevant results” in recurrent and hard-to-treat aggressive Non-Hodgkin Lymphoma indications. Huseynov gave this outlook several months before today’s news and expected the IND submission during the second half of the year. "
Quote Source & Read More: 3 Biotech Penny Stocks To Watch That Analysts Are Bullish On Today
$ZIVO LongLow float. Sympathy off Vino, Cuen, Osat, etc.
Closing Print before uplist is $9+ Good luck size appropriately! I am long as of today. Accumulating.
BRN - Technicals and Fundamentals Aligning For a Nice RunReasons to be bullish based on technicals as shown on the chart:
Bounce off of EMA 200 at the end of April
Strong accumulation trend shown on CMF 20
As of July 6, lingering in oversold territory on the RSI histogram
Relative volume on an uptrend
Reasons to be bullish based on fundamentals:
Crude oil’s recent resurgence
Recent insider buying
Low float, with retail investors beginning to buzz the stock
$OSAT LongSome big prints coming in lately...long here.
Closing print before uplist is $15.90 off $CUEN here as a sympathy.
900,000 float.
Good luck.
$CMPI Long19M float 21M o/s
Extremely healthy balance sheet.
Formerly dilutive.
Institutional ownership 87%
ANPC Long IdeaWatching the gap at 3.50 I have a feeler position on (just my style) 2M float.....OBV don't lie so I'm rocking with the feeler position with a limit around $3.50 as well (full size with a bracket SL) Be careful.
$CUEN LongOBV is still showing accumulation similar to other low floats that have done the exact same thing recently. Uplisting from OTC, slash the float with a r/s. Gap way down.
I'm still long here and have been buying on dips. Holding. Looking for at least $3.
$CUEN Low Float IdeaLow float mania continues with today's highest flyer $VINO that I had published an idea on at the start of June see that idea here:
Cuentas Inc
Uplisted to nasdaq on February 4th 2021 with a $12M public offering and a 2/5 split on 2/21/21
4.85M float (smaller than vino)
On Balance Volume showing big stepper's footprint being left behind. I
I am long at $2.30 and willing to get much bigger.
Miss Vino's big move today? Accumulate here and you won't be chasing.
$NNA Long IdeaLower float, 16M o/s
Sales increasing
P/E 1.37 Forward P/E 0.42
P/S 0.16
P/B 0.18
EPS this year +135.70%
EPS next year +391.36%
Gross Margin +91%
Operating Margin +38.10%
Institutional transactions up 16.61% as of last Q.
I'm gonna watch it tomorrow then update once I've entered. Always size appropriately.
ECMOHO Ltd 🧙ECMOHO Ltd is engaged in the business of non-medical health and wellness market. It is focused on marketing and distribution of health supplements and food, mother and child care products, personal care products, household healthcare equipment, and other health and wellness products through online and offline channels.
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LHDX PATIENCE IS A VIRTUE - ONCE BROKEN (IF BROKEN) MOONSAll,
Was starting to question LHDX down here. Now it all makes sense. Double checked it lower frames as well. if we can get a break it's home free.
Best Case: Breaks and I think we see $9-$10 with ease.
Worst Case: Double bottom original big move and breaks both resistances.
YTEN OPTIONS 3.7M FLOAT / INSIDERS BUYING/ 1/2 OF ENTERPRISE VALAll,
I highly suggest buying call options here. Just get ones further out and pay the premium. If you are unsure just buy a equal amount of PUTS with it then drop the opposing side once dropping. This has huge potential here. If you took enterprise valuation at face value this stock has 60% upside. Conservatively speaking lets even say 30%. With call options clearly that 30% is about 200% if hit correctly. See below for more details. Personally going with a combination of 1&3 due to market being horrible etc.
Enterprise Valuation: 0.397 (1.0 being at value, over 1.0 overvalued, under 1.0 being undervalued) (so WAY undervalued right now)
Float: 3.77M
Short Float: 0.5% (literally none)
Short Growth: -58% (shorts leaving the stock probably noticing the chart etc and undervalued)
CASH TO DEBT RATIO: 6.2 (THATS really good)
Option Method 1
1) Double Call to Put Ratio
2) Release Puts or Calls once direction is established
Option Method 2
1) Long call option heavy buy
2) Set stop loss or scale in if it drops (next drop isnt too far)
Option Method 3
1) Long call option light buy
2) Scale in once trend breaks
$GBS long.Heavily accumulated. Long term reversal in effect I am long at $2.88 looking for a $3.08 target price.
Obv showing a change of character, volume obviously backing it up. Nice intraday trend reversal today (Friday the 6th). Holding for $3 daily pivot.