I do have an active position with stops below the daily low, I’m watching this for a target of the top of this falling wedge around nine dollars
We can see clear resistance around 544 at the ichumchi cloud on the daily. Holdin above that will be critical, but we did breakthrough some down trending resistance, and on the four hour and blow time frames we are...
We are sure the run on this one is not yet finished and are bullish on this stock. The fractal picture fits this stance, and also we are somewhat reassured by the projected bullish outlook on the SNP500.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in...
NASDAQ:ABEO
I have been watching ABEO for about a month now. ABEO has the potential to make a few bucks but is relatively high on risk. I hesitate parking too much money here for too long but do believe this will reap rewards in 6-12 months.
Some reasoning goes as follows:
1) Legitimate company that is in the middle of working on multiple gene therapy products...
Energy Focus, Inc., together with its subsidiaries, designs, develops, manufactures, markets, and sells energy-efficient lighting systems in the United States and internationally. It offers military maritime LED lighting products, such as Military Intellitube, globe lights, berth lights, and fixtures, as well as Invisitube ultra-low EMI tubular LED (TLED) and LED...
Testing a strategy using Level 2 order flow with technicals. This stock has a gap up and order flow is showing huge orders on the sell side (outflow 108 vs inflow of 104) which shows the supply side is taking over for the very short-term. It's better to put in a limit sell order to wait for the price to reach before getting a fill. MACD is also showing overbought...
We can see higher lows being formed as well a resistance being hit, I have identified the false breakout but will keep an eye on volume as this could see a run up to a previous resistance if we do see a break of the triangle pattern.
The EnFocus™ platform—with LED lamps and wall switches—leverages existing wiring to provide dimming (EnFocus™ DM Series) and color tuning controls (EnFocus™ DCT Series) to provide a controlled lighting system that is affordable and accessible for existing buildings.
Be careful however since SPY may slide and is in for a 10% correction NASDAQ:EFOI
BREAKOUT STOCK ALERT
$EFOI - Energy Focus, Inc. - Common Stock Status Alert: Deficient
Initial Alert Price: $4.88
Potential Price: $7.36
Potential Gains: 5082%
Stop Loss Limit: $4.64
Looking for a $7.36 Swing and Retest of those Resistance Levels with EFOI. The stock has confirmed the completion of consolidation from it's most recent breakout to the $11.60 Price...
Description on chart.
NASDAQ:EFOI
Follow-up to previous idea.
May present great short idea for pullback to levels indicated within the bright-green dashed lines.
Use risk management and a stoploss, always!
Cheers!
Energy Focus, Inc. engages in the design, development, and manufacture of energy-efficient lighting systems. It operates through the marketing and sale of commercial, industrial, and military maritime lighting products and research and development services. The company was founded in 1985 and is headquartered in Solon, OH.
NASDAQ
