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Showing posts from June, 2018

My Watchlist for Monday, July 2

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( click to enlarge ) Synthetic Biologics Inc (NYSEAMERICAN: SYN) is positioned to make a solid uptick next week. Friday's volume was the highest in about past 2-month and the rally was driven by the fact that Mizuho has reported that Synthetic Biologics IBS Treatment May Be 'Interesting' For Valeant. Considering the recent increase in volume, money flow and accumulation, I believe SYN could make a solid move higher given both its technical factors and rumors. It closed at 28c (+17%) in after-hours. The stock has light resistance going forward with the next resistance pivot poin at 38c. My system gave me a buy alert and I bought the stock on friday. Keep in mind, this is a penny stock so play it like a penny stock. ( click to enlarge ) In the past few days we have noticed that (Pedevco Corp NYSEAMERICAN: PED) has been on a consistent bullish uptick in market valuation and closed yesterday after-hours at 2.63 (+15%), so I think its worth watching Monday. Immediate resistances...

7 Stocks for next week

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( click to enlarge ) First Solar, Inc. (NASDAQ: FSLR) the price movement in the last couple of days indicates the stock has formed a short-term bottom around the $50 area. Expecting a bounce from this level and a breakout of the $55 level with a price target for the near term of $60. MACD also triggered a new buy signal last week on higher-than-average volume. ( click to enlarge ) BlackBerry Ltd (NYSE: BB) is very oversold. Therefore it is very likely to bounce from the uptrend line next week. ( click to enlarge ) Chinanet Online Holdings Inc (NASDAQ: CNET) is setting up for a possible breakout, which based on the chart could send the stock up like a rocket. Chart on Breakout Watch. ( click to enlarge ) WillScot Corp (NASDAQ: WSC) looks right on the verge of a breakout. Keep an eye for a possible breakout over $15.6 ( click to enlarge ) Marrone Bio Innovations Inc (NASDAQ: MBII) is quietly gaining momentum. The stock looks ready to break a recent high of $1.95 If the stock can manage ...

Hot stocks to watch next week and a few small caps to keep an eye on

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( click to enlarge ) iQIYI, Inc (NASDAQ: IQ) remains one of the hottest stocks on the market right now. It has been in a nice uptrend for the last four weeks and it looks very strong with all major short-term EMAs going up. IQ is very overbought, so this means a possible correction is near and this may give us a chance to jump in on the stock when it moves lower. IQ is a stock to keep an eye on for awhile. ( click to enlarge ) HUYA Inc (NYSE: HUYA) is another IPO play overextended and vulnerable to a correction after a period of remarkable gains. ( click to enlarge ) Kadmon Holdings Inc (NYSE: KDMN) looks to be setting up for an upside move, as the stock has held up well the past few days. KDMN is in the top of a short-term trading range. Resistance is $3.96. At this stage it is definitely a wait and see if the resistance will be easily taken out by the bulls. On watch. ( click to enlarge ) TapImmune Inc. common stock (NASDAQ: TPIV) is very bullish with a lot of hot indicators showing ...

Stocks to Watch Next Week

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( click to enlarge ) Viking Therapeutics Inc (NASDAQ: VKTX) is in a bullish flag consolidation which suggests that it may break above the recent highs soon. ( click to enlarge ) Izea Inc (NASDAQ: IZEA) Could history repeat itself ? After looking at this daily chart and reviewing the recent price action (everytime that RSI reaches an extreme oversold condition) i have come to the conclusion that we could see a surge like the one on the chart from April. The extreme oversold levels usually indicate the beginning of a change in direction and are a great place to look for reversal entries. So, that was the reason to take long positions here. Note: this is a penny stock so play it like a penny stock. ( click to enlarge ) Friday marked an important shift in Versartis Inc (NASDAQ: VSAR) shares as they closed above a major horizontal resistance line that has been forming since January. This stock was one of the big winners in after-hours, following the news that Director AKKARAJU SRINIVAS bou...

Top Trade ideas for next week

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( click to enlarge ) Boxlight Corp (NASDAQ: BOXL) After breaking out above the downtrend line from the early May highs on volume well above the average the stock appears to have also successfully backtested this breakout zone on Friday. Technically, price should resume the uptrend next week. Considering the previous magnitude of the uptrend, a short-term target could be established at 9.68-10.25. ( click to enlarge ) Auris Medical Holding AG (NASDAQ: EARS) broke the downtrend channel on decent volume. Let's see if it will sustain. Still on my top watchlist for next week. A rally should reach at least the 1.58-1.65 area and could test the EMA50 ( click to enlarge ) Kadmon Holdings Inc (NYSE: KDMN) is still in bottoming mode it looks like. The daily technical indicators are looking better now for the stock. The MACD is starting to rise, confirming a bullish divergence has taken form and the Stochastic also has a bullish crossover. The might attempt to breakout above the $3.78 level o...