BTTR is up almost 30% since acquiring a Canadian company on Feb 9th. The news catalyst
illustrates a momentum in growth. On the chart, since an excellent report in November,
price ascended into a double top in late November and mid December then fell until
the news catalyst on Friday the 9th. Another report is soon coming. I see BTTR as a volatile
penny stock...
OPRA on the 30-minute chart dropped after an earnings beat as apparently a lot of traders
expected better. The volume profile shows the vast majority of the trading occurred in
the 5.05 to 5.25 range. This heavy accumulation should result in price movement in due
time per Wycoff. I believe that a long trade is setup for a Fibonacci retracement of the
drop...
BTTR has been slowly gathering steam since last week. Today the buying momentum
went into high gear with a big jump. This is a penny stock about as volatile as it gets
with its backstop far below current market price. With earnings in two days BTTR could
easily run another 30% turn around and fall. The price action and the MACD speak for
themselves. I will...
This is a play I actually entered into about a week ago pre-earnings. Price jumped after having their first profitable quarter and their financials look great. Prices pulled back as expected because the market is f'd up like that and these past few days have presented a second-round buying opportunity. It went from overpriced at $120 with a fair value of $80-$90...
