$NEO$ LONG trade! INSIDERS with you!Hi traders,
today is Friday and there is little time left to finally start the weekend - free time, cool...
BUT not for a swing trader, haha.
If you are a long-term trader you have to spend many hours during the weekend in front of a computer. You have to pick the best stocks with the highest possibility of a move and create the watchlist for the next week . And that´s work, I do every week.
And what am I looking for? Fundamentals, INSIDERS - big changes in their behavior...
I would like to share yesterday´s trade in the NASDAQ:NEO market, where INSIDERS believe in a continuation LONG move. = VERY STRONG PATTERN
Entry point: 28.57
Stop-loss: 25.66
Profit target: 34.39
Have a nice weekend!
Jakub
FINEIGHT
Insider
$NAK - Spec Gold Play Huge Upside 10 X++++++++++++++++++++++++++NAK , trading at .39 - .40 currently is waiting for a major catalyst with environmental impact statement approval
This would open the world’s biggest undeveloped gold silver and copper mining project,
Some quick facts, because I think this approval could happen at any time so readers should do own DD quickly because I might be busy to update here
- Pebble deposit is one of the greatest stores of mineral wealth ever discovered
- Recent Insider Buys
- Gold Silver , Precious Metals etc ..looks to be entering a new BULL CYCLE as Global Monetary policy is to debasing currency world wide.
finance.yahoo.com
ETH TO 230$ AND 270$ RESPECTIVELY - TBE!ETH USD UPDATE
Our last comprehensive breakdown of ETH USD was posted on posted on the 15th of January and we outlined that after a break above the 175$ resistance level, we should expect price to rise to 199$ and 230$ respectively. We gave another interim update on the 21st of January advising those that had entered the ETH long position after spikes to 180$ had occurred to stay in their long positions and our stop loss of 154$ would be kept in tact. Exactly this occurred and lows were achieved at 156$ keeping our stops in tact and keeping us in our long positions. Price is currently trading at 190$ with highs made at 195$ just under our 199$ resistance level and our first price target. For those that have been in this position since 175$, we would advice to move stops to entry at 175$ and more specifically at 174$ to avoid stop hunting. Please let this long position to continue to run till 230$ but more conservatively 227$ to avoid our stops not being hit. For those that have not entered a position yet, I will prescribe to you the exact details of finding a good long entry on ETH USD.
- On the daily chart, we can see that ETH had hit the roof just below the main resistance level of 199$. We can also observe that momentum indicators on the daily are forming a bearish divergence (specifically the RSI/ROC indicator) and EMA and MA supports are at the 175$ price level. Now, if we zoom into the 4 hourly TF, we can observe that a key level of support is at the 183$ level with main supports only being found at the 180$ level before bullish price action resumes.
- Now, we would be looking for long positions to be opened for those that have not already done so at the 180$ level with stops being at 160$. For those already in long positions, we would advice that you keep stops at 174$.
- We still expect take profits to be hit at 199$ and 227$. The maximum level which price could ascend to is 270$ and we would reopen longs after a break of the 230$ level to this price level. However, it is important to note that this is less likely and we worry that price will be fatigued after 230$ - none the less, this is something we will plan for. We even have the option to move stop loss to 199$ after the 227$ price level is hit moving our take profit level higher to 250$.
CHECK OUT OUR TELEGRAM CHANNEL DOWN BELOW FOR TIMELY UPDATES AND EXACT ENTRIES!
Coty - turnaround ahead?For a very long period of time NYSE:COTY was a troubled company with deteriorating fundamentals.
However, right now, it is trying to transform itself and improve both financials and position in the market. Top management really believes in turnaround, insiders purchased around $100 million in stock last year!!!
And now it looks like stock might be finally ready to go much higher also from technical perspective. Large inverted H&S in the making, and strong breakout of bullish flag yesterday. Volume also supports higher prices ahead, (you can see that on up days it is much higher compared to down days).
So low risk entry at current prices with stop just below recent lows might yield very good investment returns. I am buying.
LMB a promising "January effect" playSmall- and micro-cap stocks trading near their 52-week lows tend to outperform the market in January. One of my preferred picks to profit from the "January effect" is Limbach Holdings. Now far off its 11-dollar highs earlier this year, LMB has some upward momentum in both its share price and its analyst ratings. Expected to greatly improve its earnings in 2020, LMB looks undervalued and poised for recovery in January. The stock has had 7 insider buys and only 1 insider sale in the last 3 months.
$DISCA UPSIDE BREAKOUT TO $40.00 HEAVY INSIDER BUYING$DISCA UPSIDE BREAKOUT TO $40.00 HEAVY INSIDER BUYING IN MID-NOVEMBER.
CREE - Symmetrical Triangle Breakout + Insider BuyingCREE has formed a symmetrical triangle pattern going back to the early September low. The price just broke out of the pattern yesterday & is continuing the move today. There was also insider buying by one of the directors yesterday, for those who pay attention to that.
The price target for the pattern breakout is $60.
Insider Trading?Looks like there was a massive volume spike out of nowhere and with no relavent shift in momentum when it occured. It was out of the blue which to me seemed a little strange at the time until I got an email this morning stating that OMG would be added to Kracken... Then I remembered.... Nothing happens by accident... May keep running but Im not going to chase it. Im going to trade with the DOM trend and short other ALTBTC pairs.
God Speed,
Mr. Manbearpig
UNH insider sales flash a warning sign ahead of earningsUnitedHealth Group has had an incredibly strong showing this year, and right now it's priced pretty attractively at oversold level on the hourly chart. On its daily chart it's at RSI 38, nearing oversold (RSI 30) but not quite there yet. It also hasn't yet tested its August low of 220.78 or its one-year lows of 208.07 and 216.84. I suspect we'll get a bounce tomorrow from the hourly oversold level, then fall some more to the 216-220 range. At that point we should be about oversold on the daily chart and should bounce into earnings on October 15.
The average analyst price target on UNH is about 299, implying about 33% upside from the current price. Analyst estimates of UNH earnings have held steady for the past month at 3.77, significantly better than 3.41 the same quarter last year. UNH has an 8.7/10 Equity Starmine Summary Score rating. So most signs are bullish. However, company director Richard Burke sold 10,000 shares last week. Other directors also recently sold thousands of shares. All this insider selling doesn't inspire confidence for good earnings this quarter. On that basis alone, I don't think I'd hold this for anything more than a pre-earnings bounce. On the other hand, insider sellers may be responding to political risk rather than to the company's financials.
The healthcare sector is expected to report good earnings this quarter, which could make it attractive as a defensive play in an earnings recession. Healthcare is a defensive sector that usually does well when the rest of the market is down. Right now healthcare stocks are cheap, which makes them even more attractive. However, with Elizabeth Warren leading the Democratic pack, UNH's share price may continue its breakdown. Health insurance and pharmaceutical companies are at particular risk from Warren's "Medicare for All" plan, and you may be able to chart healthcare stocks' performance from now until the election as a function of Warren's popularity in the polls.
$RRR A Compelling Long-Term Play Based On Fertitta Bros BuyingRed Rock Resorts owns a majority indirect equity interest in and manages Station Casinos LLC ("Station Casinos"). Station Casinos is the leading provider of gaming and entertainment to the residents of Las Vegas, Nevada. Station Casinos' properties, which are located throughout the Las Vegas valley, are regional entertainment destinations and include various amenities, including numerous restaurants, entertainment venues, movie theaters, bowling and convention/banquet space, as well as traditional casino gaming offerings such as video poker, slot machines, table games, bingo and race and sports wagering. Station Casinos owns and operates Red Rock Casino Resort Spa, Green Valley Ranch Resort Spa Casino, Palms Casino Resort, Palace Station Hotel & Casino, Boulder Station Hotel & Casino, Sunset Station Hotel & Casino, Santa Fe Station Hotel & Casino, Texas Station Gambling Hall & Hotel, Fiesta Rancho Casino Hotel, Fiesta Henderson Casino Hotel, Wildfire Rancho, Wildfire Boulder, Wild Wild West Gambling Hall & Hotel, Wildfire Sunset, Wildfire Valley View, Wildfire Anthem and Wildfire Lake Mead. Station Casinos also owns a 50% interest in Barley's Casino & Brewing Company, Wildfire Casino & Lanes and The Greens. In addition, Station Casinos is the manager of Graton Resort & Casino in northern California.
In market there are no coincidences & insider trading is rampantReliance Chronology of Insider Trading
August 07, 2019 Wednesday: On it made its low and closed around 1110,
August 08, 2019 Thursday: Reliance Gains 4% (13M vol) ~1500Cr @ median price of day
August 09, 2019 Friday: Reliance Gains ~1% (10M vol) ~1100Cr @ median price of day
August 10, 2019 Saturday: Market Remain Closed
August 11, 2019 Sunday: Market Remain Closed
August 12, 2019, Monday (Bakarid Holiday): RIL Annual General Meeting was held | Market Remain Closed Bakarid Holiday
www.timesnownews.com
Highlights of AGM can be seen at
Reliance AGM 2019 Key Announcements | The Quint
www.youtube.com
www.financialexpress.com
August 13, 2019 Tuesday: Markets open with a gap of 6% and the stock gains ~10% in a day (47Millon volume in a day) total ~70M Volume in 3 trading days making it about
8,400cr Buying volume.
August 14, 2019 Wednesday : ~1.5% Down with same (13-14M vol) ~1800Cr @1294 median price of day
August 15, 2019 Thursday: National Holiday
August 16, 2019 Friday: ~1.5% Down with same (10M vol) ~1280Cr @1285 median price of day
So who ever had the insider information gained about ~500cr in 4 trading days or a week
August 17, 2019 Saturday: Market Remain Closed
August 18, 2019 Sunday: Market Remain Closed
== Media Hears the News ===
Aug 19, 2019 | Source: PTI
RIL shares have gained ground since the announcement of a host of investor-friendly proposals at its annual general meeting held early last week.
www.moneycontrol.com
I am starting to believe that in market there are no coincidences & insider trading is rampant
Well i can be wrong who am i a nobody.
Acreage Holdings - Insider Open-Market Stock PurchaseJuly 15, 2019 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage”) (OTCQX: ACRGF) today announced Kevin Murphy, Chairman, and Chief Executive Officer of Acreage Holdings, executed an open market stock purchase for 154,000 shares through the OTCQX on July 12th.
The transaction, valued at more than US $2,000,000, was executed on the OTCQX open market on Friday, July 12th. The 154,000 shares acquired represented more than 72% of the average daily trading volume on the OTCQX.
“With the downturn in industry stock prices recently, this was an opportunity to show investors that Acreage management is committed to creating long-term shareholder value,” said Murphy. “We remain focused on executing on our strategic plans, including fully leveraging the power of Canopy’s IP. Additionally, we have been in dialogue with executives from both Canopy and Constellation, and I can assure all of our investors that all three companies remain fully committed and excited about our recently executed agreement.”
ITCI bullish call activity and insider buyingITCI is moving mostly horizontally lately, and there's definite room for downside to its channel bottom around 10.40, so this is a risky play. However, a large stock purchase a couple days ago by one of the board of directors triggered a large volume of bullish option activity. Possibly the director purchased stock in anticipation of forthcoming clinical trial results that he expects to be positive. Watch this one closely and look for an opportunity to buy nearer the channel bottom. Alternatively, wait for upside channel breakout.
ITCI has generally poor analyst ratings and negative earnings. However, it's made progress toward profitability and generally delivered earnings beats in recent quarters. It next reports on August 6.