Long-Term pattern suggests that after previous dilution, Eyepoint's stock price went range bound for quite awhile before breaking out. This marks potential accumulation range for anyone looking to build a position in EYPT. Ranges make for good swing trade positions (especially 20%+ both ways) and a way to average down. Range low/ highs, range from $1.42 -...
Akerna coming into that buy zone. Stock IPOed (actually it was a SPAC) at around $11 after doing their last private placement at $10.21. As this is a recent IPO (of sorts) and a cannabis company, I expect this will eventually shake out at 2x the IPO price (around $20) so buy on dips. Why 2x IPO price? Look at high flyers Zoom $ZM, Beyond Meat $BYND,...
LSE:BIDS Bidstack bridges the gap between gamers, game developers, and advertisers by enhancing the gaming experience with rich, real-world advertising. The shares have risen impressively over the past couple of years and following a period of consolidation that trend looks set to continue. We have seen the shares break higher from an ending wedge formation...
Congratulations MLNT holders. Target of $7 is roughly reached. Fractal tells us to take profit. But people will still chase the expansion breakout. It's a gamble as always.
As the trade war heats up, risky assets are getting hammered, and one area where this is evident is in small cap stocks. On a technical basis, small cap stocks have been deteriorating. Since May, prices have fallen below both the 10-Day and 50-Day EMAs, with a deteriorating MACD to back it up . Furthermore, prices have suffered from lower highs and lower lows...
Wabi/Btc Has been in an a slight uptrend the last few weeks. I have personally been buying along this uptrending support with proper stop losses. Let me know what you think!
TRIP BUY TP_79.97_56.10%_28.74pips_SL_45.90_10.40%_5.33pips
CRON BUY TP_25.23_48.15%_8.20pips_SL_15.35_9.86%_1.68pips
ZYNE BUY TP_25.88_199.19%_17.33pips_SL_7.36_14.91%_1.29pips
Here is a dissected daily chart of Russell 2000 futures with important levels to watch. As of today, the index remains the weakest among the others. Last week it tested an important trend line but managed to close above it. The index has an interesting behavior that could be used to trader's advantage. For example, it may be in a catch up mode and trend well...
This stock looks like a solid gamble for higher prices. Weekly chart breaking will trigger powerful 2-3 week rally.
NIFTY Smallcap 100 index has closed above its 200 day moving average for the first time in nearly 11 months. Today's closing is at 6653. 200 Day Simple Moving Average is at 6638. Support are currently at 6630, 6580 and 6515. Resistance levels are 6840, 6900, 6950 and 7000. A daily close above 7000 could really put the bulls in the front seat.
NIFTY Smallcap 100 index has near-term resistance in the zone of 6615-6645. The index has faced tough resistance for a few trading sessions around these levels. 200 Day Simple Moving Average is at 6642. 200 Day Exponential Moving Average is at 6639. A daily close above 6645 would be positive.
NASDAQ:NCTY NASDAQ:TSLA The Chinese internet company The9 Limited (Ticker NCTY) (“The9”) made an announcement yesterday on its signing of a joint venture agreement with Faraday Future (“FF”), betting on the USD200 billion EV market. According to PR Newswire, The9 will be a 50% partner in the joint venture with control over business operations. FF will...
Small cap equities have had a fantastic run since the beginning of 2019, so much so that the asset class is up 12.72% year-to-date. However, the asset class has been loosing a little bit of luster as of late, especially in relation to their large cap counterparts. Since mid-February 2019, the price ratio between small cap and large cap equities (RUT/SPY as a...
Phase 2 head-to-head (COMPARE) clinical trial of SEL-212 vs. KRYSTEXXA® to begin in 1Q19, interim six-month data expected in 4Q19 Collaboration with CureCN projected to dose first patient with combination of ImmTOR + AAV gene therapy candidate in 2H19 Company raises $33M in gross offering proceeds and $31.3M in net proceeds in 1Q19, cash runway into 1Q20...
NIFTY Smallcap 100 has resistance in the zone of 6620. A closing above that, will be positive. A daily close above the 200 SMA level which is currently at 6683, will confirm that a bottom has been made and may turn the smallcaps bullish in the medium term. Resistances are currently at 6620/6900 Support is in the zone of 5680-5660.
NIFTY Smallcap 100 has resistance in the zone of 6540-6570. A closing above that, will be positive. A daily close above 6710 will confirm that a bottom has been made and may turn the smallcaps bullish in the medium term. 200 SMA level is at 6707 as of now. Resistances are currently at 6545/6570/6710. Support is in the zone of 5680-5660.