Juliac

Juliac

BBBY crashed back to earth after the recent short squeeze that sent it from $25 to $53.90 in just 4 days. It now appears to have found support back at 25.00 (78.6 % fib retracement support as well as a rather significant horizontal support). Coupled with bullish divergence now forming between price and RSI, it looks like a "safe" zone to test water again with...

Juliac

GEVO first broke decisively out of it's long term base (with resistence @ 4.90) on 12 Jan this year and never looked back since. The price has since more than doubled to $12 today. However it is still early days yet as this is another stock with the hallmarks of a multi-bagger (patience!). It hit a high of 14.50 last week and then consolidated to a low of 9.82 3...

Juliac Updated 

NAKD caught my attention when they announced share offering @ $1.70 to raise $50m 2 days ago. The stock has been bottoming out since Dec 2019 (trading below the $2.60 resistence) with little market interest until they announced direct sharing offering (closing 1st Feb 2021). This chart has the hallmark of a multi-bagger, namely flattish bottoming that lasted for...

Juliac Updated 

Since GEM has broken out from a base formation @ 6.62, it began a strong move cummulating to short term peak last Friday before falling sharply as naysayers doubts began to kick in. However technically this chart pattern has room to go..! Who would have thought there is still a chance to stake this guy after it shot up so quickly to 14.80 last Friday? It was a...

Juliac

GILT broke above both the 2 year resistence @ 10.75 and the 19 year(!) resistence @ 11.30 on 25 January on strong volume. It has since been consolidating in a bull pennant above the 19 year resistence (turned support) @ 11.30. Good time to stake for those who is prepared to have a wide initial stop loss (below 11.0). Let's see if this potential home-run trade...

Juliac Updated 

OEG broke out of a 2 year basing formation @ 1.80 on 28 Dec and went on to more than double in just 2 weeks. It hit into the resistence @ 4.45 (zoom out 3-5 years to see these resistences) before consolidating in a bull flag. The chart has the anatomy of a multi-bagger hence I'm still bullish on it and expect it could go quite a bit higher in the longer run. ...

Juliac Updated 

FRSX first broke out of a 2.5 year base resistence @ $2.96 on 22 December last year and began a parabolic move that saw it's price more than tripled in just one month. Profit taking that began 2 days ago after hitting a hight of 11.22 brought it down to 8.05 today (briefly breaching the 38% fibonacci retracement level) before appearing to find support....

Juliac

Lemonade has retraced from a recent high of 188 to 138.80 today. It is now close to a strong support @ 137 (confluence of a horizontal resistence turned support as well as the 61.8% fib retracement level). There is also a potential bullish divergence between price and RSI. Dipping my toes in @ 138-140 with initial stop loss just below 134. For those who prefer...

Juliac

Recently there are many small stocks that broke out of a long term base spanning 2 years or more. How do we identify penny stocks with good odds of being a multi-bagger? PACB is one such example with the right criteria that increased it's odds of having a trend that is sustainable to great extends. Criteria: 1. long term base/bottoming formation (preferably 2...

Juliac

CRSP is currently consolidating in a bull pennant, with near term support at the 50% fibonacci retracement of AB swing @ 179. Let's see if it will make another move up soon. Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. ...

Juliac

A good candidate for swing trading (until the channel is broken). :) Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)

Juliac

I am not sure why TWTR should crash just because it banned Donald Trump permanently. But tank it did! Falling 12.5% to 45.15 from last Friday's close of 51.48, briefly breaching the 61.8% fibonacci retracement level but stopped short of the longer term trendline support @ 44.50 A bullish pin bar is forming right now as well as a potential bullish divergence...

Juliac

PYPL broke above a resistence trendline @ 222 on 16 Dec and quickly propelled to 244 before retracing to test the 38% fibonacci retracement support @ 230 on 3 consecutive days. So far this support has been holding and a bullish divergence is also apparent between price and stochastic. The odds are good that the retracement could be over and it is due for a...

Juliac

Traders could consider to take some profits as GOLD is approaching a downtrend resistence line around 1940 and it is very possibe for gold to retrace a little from current levels. However, the next retracement could be rather shallow (with possible support @ 1885-1900), no more than 2.4% retracement from current level of 1930. ‎l will be continue to be a buyer...

Juliac

TWTR has been relatively unscathed in the general market sell off the past week. Instead of steep pullback experienced by other stocks, it formed a bullish flag instead. I am still in this trade and waiting patiently for the next up leg. Stop Loss just below the 50% retracement @ 51.20 Disclaimer: This is just my own analysis and opinion for discussion and...

Juliac

FVRR has been mostly trading within a regression chanel for the past 6 months. It looks likely this trend will continue (until it breaks). It has pulled back from the top of the channel to the bottom of this channel yesterday, which incidentially is also at the 38% fib support level of the AB swing up. A bullish divergence (between price and RSI) is also...

Juliac

TTD had a strong dip of nearly 18% over the last 4 days, retracing 62% of the recent swing up and looks to be finding support as it closed with a pin bar candle. The odds that it is done pulling back is high now that we are also seeing a potential bullish divergence between price and RSI. Long if it is able to rise above the hi of this pin bar (@ 840.30) with...

Juliac

FEYE had been unable to break out of declining trendline resistence since Dec 2018 and it was only a little more than a week ago that it finally had a strong decisive break above the trendline resistence @ 15.90. It shot up 60% to 25.53 within 4 days before consolidating now in what is likely a bull pennant. The bull pennant is pretty compact and it looks as if...