Buy RCON when the market opens on March 30th, Put a stop loss at $8.30. You could day trade or hold these shares.
Recon Technology, Ltd. provides hardware, software, and on-site services to companies in the petroleum mining and extraction industry in the People's Republic of China. The company offers equipment, tools, and other hardware related to oilfield production and management, and transportation; and develops and sells industrial automation control and information...
Some key levels for RCON. Overall there is a slight parabolic trend as it begins its next leg up but watch out for a retracement short term.
Nice breakout today with a 22%+ gain. Easily a $5 stock and expecting lots more in the long run
Read the chart!!!
NASDAQ:RCON Possible Scenario: LONG Evidence: Price action This is my idea and could be wrong 100% PT1: 2.80$ * This is swing trade
Recon Technology Ltd. engages in the development and marketing of oilfield equipment, automation systems, tools, chemicals, and field services to petroleum firms. It operates through the following segments: Automation Product and Software, Equipment and Accessories, and Oilfield Environmental Protection. The company was founded by Guang Qiang Chen, Hong Qi Li, and...
This is a very kick ass setup that has the potential to go parabolic. The float is microscopic at 4.2M shares and the energy is getting hot. The price closed above the 61.8% fib ($1.14) which was prior resistance. Also it broke out of the descending trend line on the weekly. Last but not least the MACD cross is bullish AF. Love the MACD indicator.
Pupm&Dump trading strategy idea. $RCON is rising without clear preconditions today. The demand for shares of the company looks lower than the supply. This and other conditions can cause a fall in the share price today. So I opened a short position from $1,52; a stop-loss — $1,77; a take-profit — $1,27; Do not view this idea as a recommendation for trading or...
This video is for last week, private messages asking me do this. Stay tune tonight for more .
Its look technically bullish. target is $3.22. only for aggressive trader_
We take a look at the RCON chart and examine its spikeability and assess why this might be a post independence day breakout stock. Thanks for watching
HITS THE ALERT LINES ALL DAY,,, MIGHT BE TIME TO GET IN