CO2 GRO Inc. Blue Sky Breakout!Update to my previous analysis on GROW. I've been following GROW for over a year now, and sp had been stuck in the 0.10-0.30 range. With a close above 0.40 the breakout from previous trading range is evident. Highest share price since their CO2 startup took over, so we are looking at a blue sky breakout. Sustained bullish volume, with good support being built on the way up.
Lot's of catalysts coming up for this company, financials end of April with $1.5 mill in cash from warrants in late fall. Aggressive expansion with many new contracts being signed, projected $10mill revenue run rate by end of 2019. Market cap only $27mill. Still an early stage start up with great potential, time ot get in is now.
Microcap
Innovate Biopharmaceuticals 3.55 target on good reportinglot of lines and PTs can elevate fast if this breaks out on volume inflation in April
Notice the 1M candle is Red 9 for March. Ideal play here is an entry under $2.00 (on support retest)
if we change cycle from accumulation to Bull Cycle, look for late 2019 take profit area (Sept-Dec)
CO2 Gro Inc. Breaks Year Long Trend Line BullishAscending triangle formed over January and February, bear trap with bull break on the 25th. Short term price target 0.35-0.40. Close above 0.30 signals new uptrend, as support is building above trendline formed since January 2018, lots of catalysts up coming make this a good entry point on a very bullish chart.
Fundamental analysis leads to price target of 0.83 going into 2020 with predicted revenue run rate of 10mil/year.
2019 Revenue: 10,000,000
70% Margin: 7,000,000
Overhead: -1,000,000
Op inc: 6,000,000
30% tax: -1,800,000
Net inc: 4,200,000
Shs diluted: 76,111,860
Eps: $0.055
P/e: 15
Shs value: $0.83
Warpaint London W7L - Possible LongAnother interesting UK small cap to keep an eye on, for a possible long.
This is a counter trend trade, however we think the shares are now undervalued on a fundamental basis.
Technical -
Bullish candle on weekly chart.
RSI in over sold territory but now starting to turn upward.
Great risk to reward of 1/3 before it would be facing resistance from the last big sell off.
Science In Sport LON:SISCould be an interesting share to watch, and a possible long. Counter trend trade.
Coming into a long term support area
Double bottom
Bullish candle on the daily chart
Divergence on the RSI for the daily chart
Great risk to reward of 1/4 before it would be some resistance and last big sell off.
Would wait for a second bullish candle and a rise up on the RSI.
TRON-BREAKOUT-UPDATEOTC:TRON is one bright spot in the market.
toroninc.com
This is an update to a previous idea.
Primary Wave is extending.
Primary Wave:
Fib Time:
Current:
Near-Term Target:
Will update.
-AB
SMSLIFE - MAJOR UPMOVE POSSIBLE....SMSLIFE
CMP 490
STOP 400
LONG SUGGESTED ABOVE 530
TARGET OPEN
LOGIC:
WEEKLY CHART - Stock has formed a sort of reverse H&S pattern.
Fundamentally EPS has been witnessing triple digit annual growth for the last couple of quarters
Date EPS %Chg Sales(Cr) %Chg
Sep-18 14.59 +334% 89.2 +75%
Jun-18 10.16 +196% 59.9 +31%
Mar-18 6.52 -100% 54.1 -3%
Dec-17 8.19 -100% 66.5 +9%
Sep-17 3.36 -42% 51.0 +4%
Jun-17 3.43 -100% 45.8 -21%
Promoter holding 67%
D/E : 0.3
Low float share
CO2 GRO Technical Analysis: 100% return over next 1-2 months Short term we are due for at least a small bounce since we finally have some signs of buying volume increasing. Note the bull volume spikes end of this week as well as back in June before the last uptrend started.
Daily MACD is just about to cross which when combined with stochastics rising out of oversoold indicate a likely uptrend beginning.
$0.15 was a major support and now is acting as significant resistance, a break above this level would 100% confirm the continuation of the megaphone chart pattern up to at least $0.30.
Easy 100% return over next 1-2 months even without any major catalysts, but this company has first revenue coming any week now as well as new research/trials being completed monthly. 8 Million market cap and projected revenue stream for 2019 is $10 million.
$UUU Bottom Signaled UUU hit a 52 week low 2 days ago and has started to turn up with a 15% gain yesterday and a bullish engulfing candle. UUU is a micro cap with 2.3mil shares and has been trading since the 1970's. Recently we saw a spike above $3 without any catalyst and UUU has a history of huge swings. On the daily chart we can see the macd is crossing up, rsi is oversold and has curled up.
UUU is OversoldCould this be the bottom? Well tradingview has the enterprise value at $4.1million but the current market cap is only $2.7 million and this company has been trading since the mid 1970's so I doubt its going anywhere. UUU is a low float micro cap and has a history of skyrocketing when it sells off to current levels. Will it go back to $20? I don't know but you could buy some, set a stop, and see.
AGY should go lower until it rebounds on major support.Short term downward trend should continue.
I believe our downward channel will continue until we hit one or both major supports at 14.5c or 12.5c.
A strong bounce north may occur, however, we may bounce back down if we can't break past 18.5c.
Great buy zone under 14c, I am waiting patiently.
CLA 50% fib, make or break on supportIn an ideal world, it'll bounce off the 18.5c support and trackback upwards, especially considering how low the RSI is. If it breaks that support line it'll most likely track downwards to fill that huge gap we have. Either way, it is healthy for this to happen to move upwards again.
DCC bearish, broken a potential bullish signalBroke descending wedge which would have been a bullish indicator. DCC passed last support bounce line and looks like it will continue to go down to 13.5c and possibly lower. I'm not factoring the oversold RSI as fundamentally this stock is in danger due to total market sentiment towards crypto.
I will not touch this for a while and will be staring on the sidelines.
DCC ShortBroke descending wedge which would have been a bullish indicator. DCC passed last support bounce line and looks like it will continue to go down to 13.5c and possibly lower. I'm not factoring the oversold RSI as fundamentally this stock is in danger due to total market sentiment towards crypto. I would not be buying anytime soon and would be selling if I hadn't already.
AGY's short term trend line is getting ready for the next leg upAt the end of March, AGY will *hopefully* be releasing news that they can produce 99.5% < battery-grade lithium. The market is preparing themselves for the news which is evident by the new short-term trend line forming. The closer to the end of March we get, we'll see past resistance become support for the next leg up.
Long Call Option on Solar EnergyI recently wrote a post on STRI on my investment blog, which you can check out here: rockvuecapital.wordpress.com
The company is trading at ridiculous discounts to various metrics including book value, NCAV, net cash, sales, and it has an EV to EBITDA of 0.92, better than 100% of all companies in its industry.
I like the price point of $0.36 to enter on the long side.
Please let me know your thoughts.
B
Micro-caps stocks candidatesToday I am going to introduce a special search called "Ballistic New Highs" if you have GUTS to play micro-cap.
This search finds all stocks hitting a new 52 week price high in ASX. The stocks are sorted by Closing Price divided by Stop Price. The stocks that are at the top of the list have a closing price well above the Stop Price.
To consider a bottom entry, I'd consider the stocks prices below $0.10.
On 7-Nov-2017, the stocks listed as below:
KFE> RT= 1.40 Materials (Dvrsfd Metals/Mng)
WBT> RT= 1.40 InfoTech (Semiconductors&Equip)
POS> RT= 1.41 Materials (Dvrsfd Metals/Mng)
RLC> RT= 1.38 Materials (Dvrsfd Metals/Mng)
CLL> RT= 1.41 Materials (Dvrsfd Metals/Mng)
As there are 4 out of 5 stocks are categorized at Materials, therefore I use ASX 200-Materials index for a market trend comparison.
We have a Market Timing Confirmed Up signal on 9-Oct. Most of the stocks here skyrocketed to new highs.