Shares of ARTX look interesting as a speculative play for longer-term investors. The company is in the fields of drones and virtual reality, with recent contract wins with the US military.
At 3 dollars and change, it's a cheap way to play on the long-term growth in those areas, which are bound to see strong growth for some time.
Immediate support lies at ...
We are all anticipating the opening bell in the morning and my money is on defense stocks. Take a look at $ARTX. They had a little bounce on Thursday and I think that bounce might get a little shove upwards at the opening.
NASDAQ:ARTX has seen an uptrend beginning on 4/1/16.
Possibility of a trend reversal or a continuation of the trend, it depends on the pm on Monday's trend, however, am has been positive since Friday's close
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macd crossed same name last time had for 3 good days
percent r and cci in upper bands get the importance of that in our book on amazon
relative strength strong
money flow excellent
above 50 day ma
bollinger bands narrow
In our book Pennies to Thousands we look for low price cost stocks that trade above $1 up to $8, the reason we like this type range is because there maybe some research but the institutional research is light in this area. The reason we don't include stocks under $1 is we believe there are too many stocks promotions and scams in the sub - one dollar area.
We also ...
On a daily chart: It is above 5 MA and 20 MA, it is above the William´s % R, above the CCI, the daily candlestick is positive, it has an increasing volume, it is a growth industry ( Electronic Instr. & Controls : Technology ), it is above the cloud, above the 50 and 20 MA, it is above the 8 EMA, the RSI that I set to 2 is above the 80 level, the MACD crossed and ...