Our New Pick is: DSS
Current Price: $1.20
Target Price: $2.15
Act fast, and start your research on our latest trade idea DSS (Document Security Systems Inc.).
We've be scanning the market for the next big bullish breakout opportunity, and DSS really grabbed...
DSS has moved back to its moving average lines and is angling up. Its a nice wedge pattern (i've drawn a triangle to see where the resistance and support lines meet. The target price is $6 while price is $2.08 which means 88% upwards potential. Volume has picked up again after the consolidation possibly meaning this stock is back on track.
This is my first chart and I am appreciative of any constructive feedback. I see a bullish pennant and I like a strong macd and 20 ema combination for a bounce. I think failure to hold support at the 20 ema could send it down to test $1.60 support. I am long at $1.91 with a mental stop on a break of the 20ema and a PT of $2.30, a 2 to 1 R to R. Would consider...