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Showing posts from July, 2018

Here are 10 setups to watch next week

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( click to enlarge ) If you follow my twitter you know that I've had my eyes on Avalon Holdings Corp (NYSEAMERICAN: AWX) since Wednesday when it was trading around $4. The stock almost touched $20 on Friday after-hours. It has traded in impressive fashion over the last several trading sessions and is a must watch for both the short and intermediate term. At some point this impressive rally will come to a conclusion, until then, lets enjoy watching this high money flow move to the upside. ( click to enlarge ) IsoRay, Inc. (NYSEAMERICAN: ISR) has seen some very impressive volume recently and it is still under some great accumulation. The daily chart shows a stock that is right on the cusp of breaking out. A break of 65c should bring the buyers into this stock in a big way. This stock could be viewed as a sympathy play of AWX not by the float but by comparing the recent increase on volume and accumulation. Note: Earlier this month, the company announced the receipt of FDA 510(k) reg...

Stocks to Watch for July 25, 2018

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( click to enlarge ) Social Reality Inc (NASDAQ: SRAX) has formed a clear resistance level around 5.85 as part of its uptrend, setting up yet for a possible resistance breakout trade. Short term indicators are Bullish. A new buy signal would be given on a break above that resistance, with the next pivot resistance at 6.21. Support is at 5.19 and 5.05 ( click to enlarge ) Apple Inc. (NASDAQ: AAPL) is getting ready to come out of a consolidation pattern. A close above $194.20 gets the party started. ( click to enlarge ) Evofem Biosciences Inc (NASDAQ: EVFM) I am a patient investor here. I really like this setup, descending channel with positive divergences on MACD while the accumulation line is also rising (money flowing into the stock). It is held by major institutions. Last month, Oppenheimer initiated coverage with an Outperform rating and $9 price target. They have a great pipeline. ( click to enlarge ) My Size Inc (NASDAQ: MYSZ) has created an interesting daily chart with the descen...

Stock watchlist for next week

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( click to enlarge ) Cleveland-Cliffs Inc (NYSE: CLF) broke the neckline of a cup and handle formation on high volume. Any pullback to the 9.15-9.3 area, offers a low risk entry opportunity for these types of trending stocks. Long setup on watch. ( click to enlarge ) Energy Fuels Inc (NYSEAMERICAN: UUUU) caught my eye on Friday due to its bullish posture without looking overbought and overextended. It may be close to breaking to new highs again. The stock has been consolidating the past few days and just recently started inching above most of the consolidation zone. Volume is starting to pick up again and there could be a decent short squeeze if it clears the June high. Clearing $2.65 could be the beginning of a move to new highs. On watch. ( click to enlarge ) Gilead Sciences, Inc. (NASDAQ: GILD) Watch this bullish flag formation, with a buy stop at 78.17 ( click to enlarge ) Riot Blockchain Inc (NASDAQ: RIOT) looks good over $6.67 on volume. The short-term uptrend is intact and signa...

Seven trading ideas for Friday, July 13

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( click to enlarge ) Izea Inc (NASDAQ: IZEA) shares successfully broke this falling wedge pattern with unusual volumes. A move past $2.77 (EMA200) would be a strong indicator of a further uptrend. ( click to enlarge ) Another great day for Spotify Technology SA (NYSE: SPOT) as it breached new highs. The stock closed higher for a 6th day on volume. The trend continued higher based on the strong technicals. ( click to enlarge ) There is a potential breakout scenario developing on the daily chart of My Size Inc (NASDAQ: MYSZ). Similar pattern as IZEA before today's massive rally, lets see if MYSZ will be the next low float to explode higher. I entered long today. Note: MACD and RSI charts are flashing bullish signal. ( click to enlarge ) BIOCEPT INC/SH PP (NASDAQ: BIOC) Volume ran lighter than Wednesday's session, which is what you like to see on pullback days, especially after yesterday's big accumulation day. If the stock can break today�s high of $7.55, we should see a stro...

Top Trade Ideas for next week

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( click to enlarge ) Unisys Corporation (NYSE:UIS) broke its major resistance yesterday on heavy volume and continues to work its way higher. From the technical daily chart both KD and MACD are showing bullish sign as KD is rising while MACD is crossing up. Investors should consider buying any pullback moving forward with a stop around its rising 50-DAY ema. ( click to enlarge ) Twitter Inc (NYSE: TWTR) which has been building momentum since the beginning of June, broke out of its bullish flag/consolidation on Friday. The stock is now positioned for a move to new highs if the broader sector holds up. ( click to enlarge ) Bilibili Inc (NASDAQ: BILI) bounced nicely yesterday from the bottom of their possible falling wedge pattern. A break and close above the 13.50 level next week could move the stock significantly higher as it attempts to break out of this pattern in place since mid-June highs. On watch. ( click to enlarge ) ArQule, Inc. (NASDAQ: ARQL) traced out a nice setup and the ups...