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Showing posts from August, 2018

Stocks to watch next week

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( click to enlarge ) The strong move in Cronos Group Inc (NASDAQ: CRON) shares was something that I tweeted on Friday morning. If you were following my twitter account you would have gotten the tweet when the stock was trading at 9.5. It ended the day at $9.94, gaining nearly 17%. If you jumped in and booked your profits, congratulations (nice scalp). The power of Friday's move suggests an upward breakout that could impulse this stock to test the $11 area. Stop 8.86 ( click to enlarge ) Overstock (NASDAQ: OSTK) Some positive divergences on daily charts. We might have seen the bottom. A close above 31.50 could spark another round of momentum buying. ( click to enlarge ) A great chart since the beginning of June. Interpace Diagnostics Group Inc (NASDAQ: IDXG) was on my bottom scan around 85c and hit a high of $1.39 Friday. A good example of why bottom plays can be lucrative if you buy in at the right time. At this point, the current move should face resistance at 1.8 ( click to enla...

A few stocks to watch next week - I will be in vacations 3 weeks

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Dearest Readers,  First, I would like to thank you for your cooperation and support during these last few months, with a high increase of followers on Stocktwits and a great increase in the number of followers on twitter that has almost reached 29300 followers. Then, announce that in the next three weeks I will be on vacation and will not be back to update the blog until the 25 August. But before I leave you , I have placed some charts with potential ideas for next week. Thank you very much and Happy holidays. ( click to enlarge ) Apple Inc. (NASDAQ: AAPL) closed the week 8.91% higher than the previous week, boosted by the strong earnings report and has surpassed the $1 Trillion dollar mark. From a technical standpoint, the stock needs now to digest gains and work out the overbought condition with a correction or consolidation. ( click to enlarge ) IQIYI Inc (NASDAQ: IQ) Share price has declined recently and the selling pressure on Friday broke down the $30 support level, coming a...