I think these stocks have huge upward potential according to technical anlaysis. mostly. SO you will have to the fundametal analysis yourself to support these ideas. The stocks are: Alibaba (BABA), Xinyi Solar(0986) , Abcellera Biologics (ABCL), Everi (EVRI), Teekay Tankers (TNK), Mix Telematics(MIXT), Mawson Infrastrucure group (MIGI) and KOMP ETF And also...
This is what I would call an Ascending Double Bottom structure With the left hand of the bottom being lower than the right hand I expect a further breakout towards the red line on this Weekly timeframe From there price can either do a full reversal or be rejected from this Red Line.
Resistance has been broken, lets gamble Queue to sell tonight ACTC at market IPOE at market NNDM at market NIO at market Remaining stock in portfolio YINN WNW QS LIZI
NYSE:TNK Possible Scenario: LONG Evidence: Price Action, moved ABOVE Keltner channel, Break out confirmed TP1 ~17.5, Until 19 March, 28% Profit I have call options for 19 March, Strike 17.5$, Trade QTY: 1443, OI: 17 Recommendation rating on yahoo finance is 2, Fair price is: 45.44 This is my idea and could be wrong 100%
Weekly chart. nice set up here. A break over 10 could see a big push higher. Holding some Jan 2020 calls $STNG $TNK $SALT $SHIP
The gap from 17 April is closed and from here, i expect to rise at 25 usd, if the buyers go stronger, I expect a target for 42 usd, if go through 25.
NYSE:TNK You may have noticed a negative sign in front of WTI crude oil today. Yea, that’s not good... TVC:USOIL It had to do with May Future contracts expiring and an unprecedented amount of oil supply flooding the market.. In short, no one wants to buy 1000 barrels of oil with no where to store it.. the fancy CFA word is called “Contango”, and has to do with...
TNK continues to see strong volume. For penny stocks , I think that's important. Furthermore, it keeps giving updates on new progress. But what's next? Gapping up slighting premarket on Oct 9 but can the bullish volume continue to push this past the historic levels? " So what triggered this multi-month move? A few things. First, positive earnings results...
$TNK has been in a bear market for a long time. The stock was $14 back in 2011 before dropping to under $1 this year. We believe the worst is over as the stock has a rounding bottom and looks set to continue climbing. Next major resistance level is the 200-day MA of $1.98. Oil shipping rates have climbed, making $TNK an attractive risk/reward play. Teekay...