ALF - DEMAND ZONE - PIVOT ON FADE - LOW FLOAT - BANGERAll,
ALF I think is going to pop huge pretty soon we all know how wild she is when she gets going. This is now a waiting game. I have about 5 alerts set on ALF 2 or 3 below 1 slight above if it moves up and a volume alert. I think extremely soon we see ALF rip again. Make sure to actually watch this one. Actually decent company/future.
Keep in mind how long this stock has been on the market as well. Looks like some garbage downtrend stock, but in reality it hasn't been on the market long enough to even make that true. This could easily be a blimp on the radar. So always keep time on market in the back of your head.
Lowfloat
NOAV bottom fish playbottom fish opportunity, this one can look for entry at the bid, real action doesn’t start until over 1.52 and watch for rejection at 1.64 (could be quick in and out target might blast through without any resistance)
Entry @ the bid over 1.35
PT1- $1.66
PT2- $2.02
Macro (weekly hold)
PT1- $2.49
PT2- $3.32
PT3- $3.78
stop loss 1.33
R:R (PT2) 8.86 +43%
Cautions, low float can mean moon shots or steep elevator rides down, physical stops are highly recommended on this one and if kept tight can look for re entry if it stabilizes after getting struck.
They have no history of splits, I’m currently looking into open offerings or potential for a momentum killer shelf.
The weekly chart (last picture) makes me a little uncomfortable the way my averages are stacked and RSI below trend but reversals happen before weekly candles form, so proper risk management is a must. This could be fun though.
NAOV is low floater and could get violent with volatility. 24M OS
IO - Easy trade Low RiskIO is a ranked squeeze stock. This is a low risk trade stop 1.36 and high 1.60 or higher.
Waiting for a crazy brekout Obviously, NASDAQ:RGC is a crazy beast on steroids. Because it's ultra low float :) We've seen crazy moves already and now price is in consolidation stage. AWWAP formed since IPO serves as support and the price is coming closer to 10day SMA, what should also act as additional factor for going long. I have a position and now just waiting for the time to come when it gonna be sent to the moon.
Price targets:
1.618 fib level - at $69
$100 - psychological level
SBET Technical AnalysisSBET is a low float (<2m) sports betting company. With college and NFL football right around the corner, this stock is a steal at these prices. There was a solid rally at the end of the day today and will be looking for a big push come next week. There is clear resistance at 7.00 and could retrace and hopefully find support at the fib line below. Low volume= likely rejection. After a 7.00 break we can look to aim much higher.
MDIA Finally?MDIA has been on fire this month. Low float penny stocks are booming and this is yet another name to add to the list. Looking at a quick fib retracement reveals some interesting levels. Mainly, look at the 618 fib level. It has been tested 4 times before today and it failed to break above and hold new support every time. Now, Aug 10 MDIA is showing signs of this again and so far has held firmly above 618. Something else to consider is the 50 fib, which has been tested 2 times counting Aug 10th. There hasn't been any new news but speculation continues fueling momentum. For longs, this 618 area could be key. Meanwhile, Finviz shows a float of less than 2 mil shares so keep that in mind especially if you don't know how to trade volatile stocks yet.
" It’s worth noting that Rahsan-Rahsan is a seasoned veteran in the entertainment industry. The current Board Director, Laura Lee, states that he is a 'talented and dedicated leader with the right strategic vision, relentless drive, and passion for media required to lead the Mediaco team at this critical time.'
For some context, Mediaco Holding is a multimedia company working mostly in the radio and out-of-home advertising businesses. It states that has 3,500 faces throughout the Southeastern U.S., where it generates the majority of its advertising revenue. Additionally, it claims to own and operate two of the most popular urban radio stations in New York City, which is quite a large deal. So, while radio may not be as popular as it once was, there are still millions of listeners daily. Whether this makes MDIA a penny stock to watch, however, is up to you. "
Quote Source & Read More: Hot Penny Stocks For Your Weekly Watchlist in June
Writing The SCPS?SCPS seeing another spike in trading volume late in the week (week of 8/1). After plotting out the fib retracement using "normal levels" and not ones from the crazy parabolic spike previously, you can see this 618 area has been a key support/resistance level. With the latest spark taking SCPS stock higher afterhours on 8/4, it so far managed to break back above the 618 area for the first time in weeks. No news, no filings, just social momo. But thanks to it being part of that "low float" crowd, it could be in the mix of possible "short squeeze stocks" that've grown in popularity. Looking at the deets...back in May there were a few fundamental developments to track:
" the company announced that it received FDA approval for an Investigational New Drug Application for its lead drug candidate, CpG-STAT3siRNA. Now, a Phase 1 trial for B-cell non-Hodgkin lymphoma will begin at the City of Hope. This is a well-known research and treatment center for cancer, diabetes, and other diseases.
More To Watch With SCPS Stock
As a newer company, Scopus has only been public since December of 2020. The company initially raised just under $3 million from its IPO debut. While this wasn’t technically a penny stock initially, shares hovered around $5 earlier this month. That was, until the news on May 24th. Since the announcement, SCPS stock has surged past the $17 mark. Furthermore, even though it’s a newer company, analysts have also begun following the company closely.
Benchmark Research started Scopus with a Speculative Buy rating as well as a price target of $20. Analyst Aydin Huseynov believes that the company’s STAT3 inhibitor gene therapy, CO-sTiRNA, has “a reasonable chance to show clinically relevant results” in recurrent and hard-to-treat aggressive Non-Hodgkin Lymphoma indications. Huseynov gave this outlook several months before today’s news and expected the IND submission during the second half of the year. "
Quote Source & Read More: 3 Biotech Penny Stocks To Watch That Analysts Are Bullish On Today
$ZIVO LongLow float. Sympathy off Vino, Cuen, Osat, etc.
Closing Print before uplist is $9+ Good luck size appropriately! I am long as of today. Accumulating.
BRN - Technicals and Fundamentals Aligning For a Nice RunReasons to be bullish based on technicals as shown on the chart:
Bounce off of EMA 200 at the end of April
Strong accumulation trend shown on CMF 20
As of July 6, lingering in oversold territory on the RSI histogram
Relative volume on an uptrend
Reasons to be bullish based on fundamentals:
Crude oil’s recent resurgence
Recent insider buying
Low float, with retail investors beginning to buzz the stock
$OSAT LongSome big prints coming in lately...long here.
Closing print before uplist is $15.90 off $CUEN here as a sympathy.
900,000 float.
Good luck.
$CMPI Long19M float 21M o/s
Extremely healthy balance sheet.
Formerly dilutive.
Institutional ownership 87%
ANPC Long IdeaWatching the gap at 3.50 I have a feeler position on (just my style) 2M float.....OBV don't lie so I'm rocking with the feeler position with a limit around $3.50 as well (full size with a bracket SL) Be careful.
$CUEN LongOBV is still showing accumulation similar to other low floats that have done the exact same thing recently. Uplisting from OTC, slash the float with a r/s. Gap way down.
I'm still long here and have been buying on dips. Holding. Looking for at least $3.
$CUEN Low Float IdeaLow float mania continues with today's highest flyer $VINO that I had published an idea on at the start of June see that idea here:
Cuentas Inc
Uplisted to nasdaq on February 4th 2021 with a $12M public offering and a 2/5 split on 2/21/21
4.85M float (smaller than vino)
On Balance Volume showing big stepper's footprint being left behind. I
I am long at $2.30 and willing to get much bigger.
Miss Vino's big move today? Accumulate here and you won't be chasing.
$NNA Long IdeaLower float, 16M o/s
Sales increasing
P/E 1.37 Forward P/E 0.42
P/S 0.16
P/B 0.18
EPS this year +135.70%
EPS next year +391.36%
Gross Margin +91%
Operating Margin +38.10%
Institutional transactions up 16.61% as of last Q.
I'm gonna watch it tomorrow then update once I've entered. Always size appropriately.
ECMOHO Ltd 🧙ECMOHO Ltd is engaged in the business of non-medical health and wellness market. It is focused on marketing and distribution of health supplements and food, mother and child care products, personal care products, household healthcare equipment, and other health and wellness products through online and offline channels.
If you want not to miss ideas like this one,🎯 subscribe and press a thumb up! 👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!
LHDX PATIENCE IS A VIRTUE - ONCE BROKEN (IF BROKEN) MOONSAll,
Was starting to question LHDX down here. Now it all makes sense. Double checked it lower frames as well. if we can get a break it's home free.
Best Case: Breaks and I think we see $9-$10 with ease.
Worst Case: Double bottom original big move and breaks both resistances.