Another one of the epicenter penny stocks to watch right now. Suppoort.com ( SPRT ) has, for the most part, upheld a solid trend over the last 10 months. Even as the markets sold off, technology and cloud computing have survived pretty well. After the latest uptick, however, my focus will be on whether or not there's enough follow-through to make new highs. "One...
Gevo's ( GEVO ) been trending for a while now thanks to a spark from SPIand other alternative energy stocks. It's also gotten a decent amount of new coverage and mentions on Dow Jones. But it's still a penny stock so we can't forget volatility is key. It will be interesting to see if GEVO can remain in this uptrend without putting out any new updates. "Aside...
Hertz ( HTZ ) is back at a crossroads on its chart, this area has been heavily congested ever since the "big dip". As we'll know more definitive outcomes to its bankruptcy hearing later this month, it's going to be interesting to see if the epicenter penny stock can make new highs from here. "Given the sentiment in the market late last week, Hertz stock traders...
Last time we saw SOLO push this hard to the upside was during the first big run in the summer. No news today, obvious speculation on when they'll announce the final facility location. But they have planned that for November based on the last PR. Anyway, great momo today on sympathy from NIO's big upgrade and $40 price target. I also don't see many other EV penny...
Interesting take on the new Apple event this week. Expanded app store, more iPhone hype, new MGI App. Now it just needs momo. Chart's looking at another possible top here. Testing this level for the 3rd time. Was previous resistance but might be a matter of momentum igniting a run if and BIG IF, it comes in. "The company has gone through an evolution over the...
or will it become resistance? There's been a lot of momentum building up ever since LPCN fell off. We saw some insider buying this month but no new news. Meanwhile other companies are presenting at virtual conferences and all that. It makes you wonder if LPCN has enough steam to reclaim its old levels or if this is just a speculation-driven move in the short...
The SOLO IR news, imo didn't have much to do with this. There's already a following and unless they were looking for true institutional investors, the retail momo is definitely alive and well. They just raised $20 mil so is there dilution risk? maybe. But after the drop did the market price in some things? Good question. I think the EV juices are flowing thanks...
No discounting the fact that early buyers SHOULD BE doing the Scrooge McDuck dive in their gold coin swimming pools right now. But after looking through the hype, is there a true, near-term catalyst here? Is this a moon launch or just the top end of a bungee jump? Just a look at the filings raises some really good questions. “Even if we are able to...
Looks like Biocept BIOC is making another technical move on more information from the company's website about its COVID testing. Apparently people on social are talking about updates that the company is doing COVID testing now. Company site specifically stating: "To support public health efforts, Biocept is performing COVID-19 testing. If you’re in need of...
My guess is this was a pretty clear market momentum fueled move for INVVY and left a lot of bag holders in its wake. While things can always turn around, there are a lot of headwinds to consider. Some of which include the DOJ issues. "...it faces a $3 billion fine under criminal charges pressed by the United States for illegally marketing Suboxone...It...
Looks like a TON of speculation and confusion helped fuel this low float move on LTRPB / LTRPA . Crazy from basically $4.50 to over $134...my guess it comes crashing down just as fast. Some good digging here though : "Liberty TripAdvisor, it holds an ownership interest in TripAdvisor, Inc. Specifically, as of its most recent 10K from Feb. 19th, as of...
Similar to a few gold stocks , AUY just keeps treading water. I'm looking for these gold names to start moving (in one direction or another at least). If they finally break down, I can stop watching. But something tells me with the slower growth in global economies, it might not be time to ignore gold right now. Obviously we'll see but for the time being, can...
Multiple attempts over the last few weeks but KGC hasn't been able to firmly break up and out of this channel. I get issues with fear versus the market. But when you have a sector performing and a company executing, it doesn't make sense why this couldn't pop. Maybe we need another big global headline? lol IDK QUOTE Shares of Kinross Gold ( KGC – Stock Report...
Newmont Goldcorp NEM is holding at a critical technical level right now. With this volume, it's hard to ignore. However, make sure to note the strategy the company is taking up right now. Deals and strategic investments. They just threw another $8 out there. This time it was to GTT . QUOTE "It’s also important to keep in mind other big deals that the...
COMMENTARY Chart clearly shows this as a historic level of support and resistance for the penny stock . The last few times HL tested the level, it failed to break above it. Right now, it's trading right at this level; not quite breaking above but not breaking down either (yet). I think we're going to need to see gold pick up some steam for it to get over the...
COMMENTARY BIOC is one of those penny stocks that have individual, good days. But when it comes to putting together a string of bullish action, it has yet to reach that milestone. Furthermore, though volume is good, the company still needs to execute further in my opinion. Either way. It's a good day today but would like to put this on a 30 day time clock and...
Big news from Bayer and Dare today . Next thing to watch is for FDA approval and then if/when commercialization begins. Until then I think it's still very speculative. HOWEVER. important to note the chart. Last time it traded this high, it remained the case for a few weeks and then plummeted back down to earth. The last time it consistently traded around this...
" What has been the biggest driver ? Sales momentum is a big focus for the public right now. In fact, Bank of America Securities analyst, Ming-Hsun Lee reiterated a Neutral rating but increased the price target to $3.90 from $3.80. The shining factor had to do with “strong sales momentum since August.” Can Nio continue this momentum in 2020 as Tesla rolls out...