Neckline break on Inverse H&S. Huge Short Interest & Big ER 1/30Company Swinging to a first time ever Profit. At the inflection point in SAAS industry and has a HUGE client that has been delayed all year but expected to close this month. Should be announced at E/R 1/30. Next qtr Revenue/Earnings will Skyrocket. Was $8 Stock last year, and left out of 2017 Rally so has a lot of pent up expansion to do.
Inflectionpoints
MATR Inverted Head & Shoulders with 42% Gain in store very soon!Mattersight has several Patents valuable to $FB $AMZN $AAPL $GOOG $CSCO in behavioral analytics. The company swung to its first ever profit in Q3 had a big activist buy in last qtr, and is at an inflection point. It has a huge client that has been delayed all year so stock has been crushed but is predicted to close very soon. News could come any day and chart says it is very soon. There is tons of upward pressure in the technicals and fundamentals. The stock was $8 last year and is very undervalued because of low exposure, lack of news, and being a small cap. The inflection point is earnings of swinging to a profit enables immensely outsized gains as it shows explosive growth numbers. Get in while you can!
Potential Inflection Point for Air Canada
Good morning all, I hope your weekend was spent well and are ready for another trading week.
Air Canada is my favourite stock pick of the year, I was long at $21 a couple of months back and I have seen a solid 26% gain. However, I feel as though we are in for a trend reversal. I still like where I own the stock and will be buying on pullbacks. I can see this chart going one or two ways.
First, AC will have a pullback towards its 50day moving average and continue its up-trend going forward. The stochastic RSI is showing underbought symbols, however, what puzzles me is the potential convergence/divergence point in the MACD indicator, its been bouncing along giving weak buy signals and that is making me question the strength of this up-trend.
I would either hedge Air Canada with a few medium-term put options, enter short, or buy the dip. This one can truly go either way.
Stay sharp out there.
