I see a lot of people getting back into the potential ARKX space exploration stocks hunt. This SPAC offers great long potential even without ARKX! Small time frame but given a possible market reversal, keeping this falling wedge breakout on watch.
Just a matter of time before Ark continues to add to their BFLY holdings
FCEL double bottom but idk if I care about that risk to reward ratio with resistance near 200 day MA, would take a lot of volume to break that resistance
Half-kidding! Benzinga- Space-transportation startup Rocket Lab USA Inc. is nearing a deal to go public through a merger with special purpose acquisition company Vector Acquisition Corp. (NASDAQ:VACQ), the Wall Street Journal reported Sunday, citing people familiar with the matter.
$MGNI-The last time price was in a similar spot within this channel and near 40 RSI, it ran 10+ points within the next two weeks.
At support of upward channel, might want to wait until Monday to enter
My extra bullish pltr outlook 🐮. Double bottom>pennant (or cup/handle)>breakout
$CZZ- energy play with positive momentum. Has performed well during this rotation into energy stocks. If the market bleeds tomorrow, check if this one breaks $21 for a possible day/swing trade. I think it’s more likely reversing here but just monitoring for breakout tomorrow if we 🩸 again
$OSTK hit strong resistance and bounced off strong support. If the markets turn around this can be a nice swing play. Looks like the wick below hit the mental whole number support $80
$CLOV- relatively safe speculative play, sitting on top of a strong support. May enter a tight stop loss below current price and maybe some profit take near $13.15. Falling wedge breakouts are one of my favorite plays, any positive news for this stock can get this to $15+ in a hurry. I got shares near $10, but you may also wait for the breakout.
$MAT- Alpha signal for MAT in flow algo. Recent bullish catalysts to include but ratings and increased price targets. Broke a multi year falling wedge and has been in an upward channel since. 2023 leap call options are relatively cheap.
$VUZI- one of the few bright spots on a red day. Ark approved, augmented reality 🤓 glasses. I may add more shares if it comes back down and tests the resistance it broke (confirming a new support)
$SAVE given an upgrade to buy and price target $44. TA shows that it broke through that multi $35 resistance more easily than expected given the amount of times that price level acted as support in previous years.
$JBLU upgrade to buy with PT $21. We missed this play off support, if tomorrow has similar action as today then a very small day/swing play opp here, but I think the better play is entering a position if it dips back down to ~ $16.27 support
$DAL given upgrade to buy with PT $55. Right below strong resistance but breakout from here and it can run another $5-10. I missed a great opp to play off $37.67 support that bounced off the 21 day EMA
$CVI an oil/energy play that was just given upgrade to buy with price target $33. May consider swing with a stop loss a little below $24
SPY may be creating an inverted head and shoulders. Morning drop today can be a red flag or the lower right side of a bullish pattern