Color Star Technology Co Ltd (NASDAQ:CSCW) closed back above its 200-day exponential moving average on Friday. This stock is under some impressive accumulation as of late. I think a burst to $1.02 is in the cards short term. A longer term buying scenario could see this stock trading at $1.43 or better.
Cardiff Oncology Inc (NASDAQ:CRDF) Possible double bottom pattern. I think this stock has found support around the $10.3-$11 range and looks poised to post a bounce from here. I could see a 20-30% possible bounce up to $16 a share if it can close above $12.50
Sundial Growers Inc (NASDAQ:SNDL) looks to have bottomed and could post another strong move higher. I'd add this one to your watchlist again and keep a close eye on the volume. Increased buying pressure should push this stock up in a big way. My price target stays at $1
Greenpro Capital Corp (NASDAQ:GRNQ) had a promising day trying to regain some traction yesterday. I think this Bitcoin play could be setting itself up for another nice run short-term. Closed up 6.22% on solid volume in what may be the start of an explosive reversal. Could pop over 2.12 , definitely on watch next week.
Novavax, Inc. (NASDAQ:NVAX) closed the Friday session strong right near the high of the day. I think this stock could see $150 next week. Last night after the market's close, the company announced that it has finalized an agreement with the Government of Canada to supply up to 76M doses of NVX-CoV2373, the company's recombinant protein-based COVID-19 vaccine....
AMC Entertainment Holdings Inc (NYSE:AMC) is a stock to add to your watch list. With over 268 million shares trading hands on Friday, the stock is sure to get some attention going forward. The last time AMC ran it hit $5 a share. History does tend to repeat itself. Long setup on watch.
Socket Mobile, Inc. (NASDAQ:SCKT) is quietly heading higher. We all know what can happen with this stock when it gets some momentum behind it. The stock broke the downtrend line from the October peak of $4.50, which sets the stage for additional gains. I do think $3.75 is a possibility short term. Add it to your watch list.
BlackBerry (NYSE:BB) continues to perform incredibly well despite some market uncertainty. I'm still holding my long-term investment in the company. Discipline, knowledge and focus never hurt anyone. Looking for a possible run to $20.....When you see volume creeping in and a slow steady price rise the alarms should start to sound.
GameStop (NYSE:GME) is on the watch list because I still enjoy watching it trade. As you know, there are no fundamentals to support such a rally, and I'm almost sure that will end badly for a lot of newbie traders that are not aware of how the stock market works in euphoric times. Investors who buy on hype can be left holding the bag. GME remains a highly liquid,...
Allied Healthcare Products Inc (NASDAQ:AHPI) this is gaining momentum again and could return to prior levels. As I have said previously, it is my opinion that this stock will trade to $10 and beyond. There is a lot to like about this stock. This company manufactures a variety of respiratory care devices, medical gas construction equipment, and emergency medical...
Oxbridge Re Holdings Ltd (NASDAQ:OXBR) is gaining some serious momentum again. If volume can pick up I think this stock can break through resistance at $2.8 and re-test its recent highs around $3.50 This is a stock that went from these same levels to $9 a share. Could this be the start of a similar rally? We will soon find out.
Astrotech Corporation (NASDAQ:ASTC) pulled back on low volume after approaching $2.65 on Thursday amid some market uncertainty. I used the pullback to build a slightly larger long position on the name. I think the current prices offer a great opportunity. Long setup on watch.
Keep an eye on Kodak (NYSE:KODK) and monitor its volume, MACD and RSI for any potential breakouts. I think this stock could start heading higher again and test recent highs. Watching 8.90 area for a range break.
VirnetX Holding Corporation (NYSE:VHC) ended Friday's trading session at 5.69, advancing 12% with the stock attracting 20.5 million shares. The stock shows signs of bottoming out with the recent up move from its 4-month low. The stock has also moved back from the oversold zone and closed above all its EMAs. There is a high probability for a trend continuation in...