Morgan Stanley (NYSE:MS) is approaching a key resistance point, which has contained the stock's attempts over the last 2 weeks. The sideway consolidation for the past couple of days is likely close to completion. Watch for a move above the 68.97 level to confirm further upside. On the bearish side, any close below the rising EMA9 would put the support line at...
Avinger Inc (NASDAQ:AVGR) After a strong move to the upside the stock started last week on the defensive and has pulled back to test the previous breakout area (now support), closing the week well above. I've been behind this stock for quite a while now and always felt this stock was a great buy at its lows, and even now I believe there is profit potential from...
Genetic Technologies Limited (NASDAQ:GENE) The daily chart looks great for this stock and I think it's poised to hit $4.65 short term as the selling has abated and the recent rally on BNGO stock should bring new interest into the stock. I think this stock has room to go to the upside with $4.04 being the first point of interest.
Gbs Inc (NASDAQ:GBS) It's becoming apparent investors are slowly starting to catch onto this small undervalued bio stock. I think this recent IPO play is trading at great risk/reward prices. The risk of continued downside, while obviously always a factor to be present, is a lot less than the possibility of a sharp oversold rally or bounce at current prices. Buying...
Sangamo Therapeutics Inc (NASDAQ:SGMO) has been in a consolidation phase in the past two sessions and if the stock is able to move past the strong resistance of 18.64 with good volumes, then it will mean higher levels for the stock. The relative strength line is exhibiting a small negative divergence, which is usually a bearish sign, but in this particular case...
The Walt Disney Company (NYSE:DIS) The price is trending higher but within a range inside a bullish pennant formation. A consolidation at the highs is usually a pause before the stock breaks out on the upper side. A move past 179.45 with strong volumes will confirm this and will mean higher levels for the stock and a good trading opportunity on the long side. Long...
Camber Energy Inc (NYSEAMERICAN:CEI) You know, sometimes hitting a winner in the penny market can be so effortless, and when it happens, you gotta celebrate a little bit !!! On 17th of December I told you all about the recent accumulation that I have been seeing on CEI, letting you know that a big rally might be in the cards. Well, on Thursday the stock gained a...
Social Capital Hedosophia Hldg Corp III (NYSE:IPOC) Getting the explosion I called over a month ago. Enjoy the profits bulls !! My bullish view will remain intact, but due to its overbought technical indicators, near-term consolidation or such kind of small pullback cannot be ruled out. On the lower side, initially the stock will find support at 14.26 and 13.36 levels.
ShiftPixy Inc (NASDAQ:PIXY) This low float play is beginning to make a move higher and looks like it is gonna squeeze some shorts here. Volume starts to pick up. Nearest resistance for the stock is at $2.61 EMA50. If this level is crossed and the stock price is able to sustain above this level, then it might go to $3-3.08
Marin Software Inc (NASDAQ:MRIN) Plenty of upside room remains. I think this stock has found support around the $1.90-$2.05 range and looks poised to post a bounce from here. I could see a 25-40% possible bounce up to $2.8 - $3 a share if it can pass the resistance at $2.20 (downtrend line). The daily MACD is in buy mode while RSI is positive. This is a liquid...
Marathon Patent Group Inc (NASDAQ:MARA) closed on Thursday at $10.92 a share and looks poised, at some point to rebound. Obviously, the short term trend is down right now, but finding the right spot to get in before the bounce can be a lucrative move. Looking at this hourly chart, what makes me think we are close to a bottom is the last four candles have seen...
Oriental Culture Holding Ltd (NASDAQ:OCG) dropped from over $25 a share to $5.4's in a few day's time. This recent IPO stock is now oversold near its major support and we've all seen how quickly it can head higher when the buyers come. If you haven't added this stock to your watch list, now is the time. This stock may be ripe for a bounce next week following the...
TD Holdings Inc (NASDAQ:GLG) compelling positive daily technical divergences remain in place. I'm looking for a run to $2.30. Technically, the short term outlook has turned better after holding well above the $1.60 level, underpinned by improving technical readings of its daily charts. Additionally, the chart shows a MACD crossover, a bullish sign. Patience will...
Short term momentum hit extremely oversold on Thursday, with a very slight positive divergence. Watch out for a cross above the $45 horizontal line to go long targeting the Gap zone at $50. I respect what analysts say but the charts are my guide. I heard a lot of downgrades and short theories regarding $BLNK valuation around $22 levels and take a look at the...