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Showing posts from April, 2018

9 trade ideas for next week

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( click to enlarge ) Ekso Bionics Holdings Inc (NASDAQ: EKSO) chart looks to be making a turn here. The stock has been beaten down this year and almost six months ago traded for over $4 a share. It closed on Friday at $1.86 breaking out of a consolidation range where it remained in the last two weeks. There was strong buying interest throughout the Friday session and based on the technical chart and price action I see no reason why Monday will not be any different. The technical daily chart shows a stock that could be making a substantial move in the short-term, so keep it on your watch list. Note: There is also some rumors on the social media about a potential new deal with another OEM, but nothing is confirmed yet. The last time it happened ( Ford is among the early users of the Ekso Vest ) the stock exploded from sub $1 to over $4.5 in just few days. Squeeze over 1.91 ( click to enlarge ) Genprex Inc (NASDAQ: GNPX) posted an over 38% gain on Friday. It�s had a great two sessions, le...

Ten trade ideas for next week

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( click to enlarge ) China Auto Logistics Inc (NASDAQ: CALI) had a very good rally on Friday accompanied with large volume. This is one seems to be turning around again and is slowly starting a positive upward trend. Some key technical daily indicators are confirming the recent positive movement. The positive MACD divergence on the daily chart usually means that an upward movement is coming. Looks like it is gonna squeeze some shorts to me. There is a short-term upward potential of up to $4-4.3 based on the resistance line connecting the previous peaks. Definitely on watch. ( click to enlarge ) General Electric Company (NYSE: GE) is catching the attention of market players again after the earnings report. The stock was very active as it closed up $.55 on 2x normal daily volume. It might face a period of sideways action while it consolidates the gains booked in the last sessions. Resistance is now located at $15.1 but if the stock can push up into the $15.4's, I feel it could retest...

Possible long setups to watch closely - Small caps

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( click to enlarge ) Helios and Matheson Analytics Inc (NASDAQ: HMNY) Another day, another winner. I love the small cap market right now. Congrats to those who jumped into the game early. The symbol is buzzing on social media and from what we've seen so far, this stock could be far from done. I'm keeping a close eye for any type of minor pull-back to add more. ( click to enlarge ) CDTi Advanced Materials Inc (NASDAQ: CDTI) looks to be starting what I think will be an impressive run off its bottom. MACD is curling and RSI is turned up off the bottom (positive divergences). A reasonable bounce target is $1.20 ( click to enlarge ) My Size Inc (NASDAQ: MYSZ) is again a breakout candidate, as major resistance is under pressure. The daily chart shows a bullish sign. A breakout over $1.5 with strong volume would send this flying. ( click to enlarge ) Avinger Inc (NASDAQ: AVGR) Breakout Imminent. The stock seems to be looking for a reason to push it upward towards 1.65 where next resis...

Here are a few stock ideas for next week

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( click to enlarge ) Viper Energy Partners LP (NASDAQ: VNOM) closed up 5.83% yesterday and continues to show strength. Looks good for higher prices. All technical indicators are in Bullish zones. ( click to enlarge ) CHF Solutions Inc (NASDAQ: CHFS) continues to hold its ground and is on the cusp on a nice breakout. I think we have a good chance of seeing $4.8 this month, but first we need to break the recent highs around the 3.55 level. This was a stock that ran from these current prices to over $20 a share not long ago. From a technical standpoint the stock looks bullish with both 13-day and 20-day exponential moving averages going up while MACD is crossing up its signal and %K line is on top of %D line. I suspect the stock may continue to appreciate over the coming days. A lot of eyes are on this stock right now so make sure this is on your radar screens. Patience is a virtue. ( click to enlarge ) I have my eye on Newmont Mining Corp (NYSE: NEM) for a swing trade. The stock is set...