The company may not have the best prospects right now, but when it comes to day trading in this market im more focused on chart analysis than fundamentals. I love gap plays and this, if it can get some volume, has the real possibility to fill a nice gap. Keep this on a watchlist and it might be worth taking an entry. Listen the rest of the chart does NOT look...
PSV is currently up 38% on the day - with 57.8m in volume - and getting attention on scanners everywhere. Not sure how sustainable this is, but look for it to continue at least through today and tomorrow.
So it broke my heart, not once, but many times. I remember first finding out about NAK and being so optimistic about it! But now it is being algo'd and running the same pattern almost daily. PM hours it spikes, then at 9am it gets pushed down, at 930am it gets pushed down more, then until 4pm it trades in a channel.
It has a strong bottom support. It has a...
Had a few requests for some feedback on CLUB. Hit scanners a week or so ago and gained some popularity. Lacking volume badly now. Gap to fill to hit 200MA, look for that to be first move if it can get some volume.
Fading. Volume has been decreasing and I just think its returning to its old levels. Keep an eye might try to break through this wedge and if it can it might have one more run left in the tank. But the most important thing it needs? VOLUME.
Was not able to break upper resistance, twice. Look for it to settle back down to $16ish and if it can hold that area look for another run back up to that upper resistance area.
Also has some sort of small gap to fill.
I know nothing about this company - but WOW do I like this chart. On the daily it just broke through a 2nd level resistance. Volume has been increasing. I dont tend to jump on stocks in this price range, but from what I am seeing this chart shows a great upside with little resistance and with some volume this could really run.
AVGR is one of the most talked about stocks on social media, especially through Reddit. BUT buyer beware - Sabby holdings is now involved and that means two things typically: First, Sabby will pump this stock. They always do. Second, they will short this and tank it. So if you play this BE ADVISED. THIS STOCK WILL DROP IN PRICE it is almost a guarantee. But...
One of my favorite chart plays is the gap up play. This hit my radar last week and I plan on starting a small position Monday morning. Also has a solid support line and has been consistently trading inside the pattern. A high volume day and we should see it gap up without any problems.
Excited to trade this. Love the chart setup. After staying on a pretty strong uptrend for about two months, notice the change around the 7th. Nice cup forms around the 11th and you can see a clear reversal is in play.