smallcap 250 have little fuel try to hit 5500 level in coming day.
Technically I'm looking to enter when the all time high breaks out. Fundamentals are strong. NTO is in the software solutions business and has extremely strong CV 19 tail winds, particularly via the digital transformation electronic signature space.
Hunting for a LONG on ATOMO ASX:AT1 I've been watching AT1 for a while since it came on the market and it didn't look attractive because it was so new and volatile. However, I've since noticed that it's attempting to cross the downtrend line and also break up through resistance. I must stress - important to wait to clear these levels before engaging. Yes,...
Technical Analysis and Outlook The small-cap Russell 2000 index gained 2.2% for the week. The index hit our uptrend movement projection to Inner Index Rally $1,365 and Key Res $1,350 , respectively, on April 29th. The short term downside support is tapped at Mean Sup $1,250 and prone to go down to Mean Sup $1,185 before thrusting the retest of the Key Res...
CyberArk is a smallcap security company offering Privileged Account Security ( e.g. financial services, energy, retail, healthcare). Cause of the Covid19-Crash the Cybersecurity section crushed down to -33% but we are seeing fast recovery in the Cyber Sector recording to the First Trust NASDAQ Cybersecurity ETF (Blue Line). I expect that Cyberark is going to have...
Interesting day after what has been an amazing run. But a big retraced candle and lower volume are raising an eyebrow or two. "The year-to-date chart for this stock is pretty boring until you get to August 15th where the stock absolutely tanked. This was due to an abysmal earnings report which decreased the likelihood of a buyout for Just Energy. Fast forward...
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...
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.
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...
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.
Positive RSI Divergence on SmallCap 100 Index. Some bounce expected. Resistance is at 6555 and 6950. Note that 6555 is also the 200 MA on weekly. Slightly Risky buy on a closing above 6555. Possibly safe to buy on a closing above 6950. Downside can possibly accelerate towards 5400 if 5650 is broken. Huge downside possible below 5400.
AMBA: The simple answer...Ambarella, Inc. offers semiconductor processing solutions for video that enable high-definition (HD), video capture, sharing and display. Love this long run on sentence and now you know why the dip. Await smart driving cars for growth as likely booster. The company's system-on-a-chip designs integrated HD video processing, image...
The Technicals - A clear divergence of the OBV and Price Action , which preludes growing buyer volume and long position sentiment. Earlier last week, $LMFA hit all time-lows with its bottom at 5 cents above the half dollar. Although we have a considerable amount of selling to break past, I would anticipate the larger corrective retest to occur at the...
NAII is a sports nutrition and supplement company flushed with cash, no debt, and increased operating income over the last three years. Check out my latest analysis of the comp here: rockvuecapital.wordpress.com The short of it: The market seems to be mis-pricing the tremendous margin and operating efficiency that NAII has compared to its peers. With higher...
WLKR is virtually unknown in the stock market world. Morningstar's website crashes when you look it up, and various stock market websites have zero data on the company. It's a net cash play trading at a 60% discount to its liquid cash on its books. Plus, the company is run by none other than Jay Walker, Time Magazine's Top 50 Most Influential Businessmen in the...
I wrote an extensive piece on NSPR in which I go into depth on the company and the potential turnaround story, you can find it here: rockvuecapital.wordpress.com Trading at a 77% discount to book value, an 81% discount to sales, an 81% discount to NCAV, and a 43% discount to net cash, NSPR is roadkill in the market. However, no matter how great the value may...