Pennystocks
10 Mid to High Risk Stocks for my Breakout WatchlistImagine holding SPI as a penny stock, selling it at 7% draw-down, and few month after waking up to see it somehow have went up 4000%? While I do think there might be a possibility of foul play or might not, I have obviously made a mistake. This lead me to create this list of ten stocks I am watching from the sidelines, that I may do a breakout entry for. These are mid to high risk, and the drawdown can be severe. Volatility is not for the faint of heart. JMIA has a lot of high growth potential, and I feel like it just needs to break the resistance curve. SLNG is not too high risk of an OTC stock if you are wanting to invest a bit in that sector. SXTC may be somewhat of an oversold penny stock. Hudson Capital seems like a dip in the real estate space. I also think it may have around the same potential as CBL, but I rather trade something new. RZLT is a biopharma play that I think may be underrated. NWGI has a decent buy target by many analyst (so I heard), and is in a trending market segment. Remark Holdings already had many dips and so did BBI. I think the current entry is one of the more decent ones. Adomani may be oversold, and they recently updated their executive team in which I am on the fence. While I think they need to start looking less at buses and more on expanding the electrification tech they have, I still think for the price they are, definitely has somewhat some long term potential. $TAKOF is extremely dirt cheap and underrated in my opinion. I think this is one of the more worthwhile "gambles". That being said, invest at your own risk and do your own due diligence. Please consider everything I say "as is" or on an opinion based basis. This is not meant to be taken as actionable financial advice.
NOVN$NOVN RSI way overbought, could reject here retest .36c B4 breaking up or could just power through straight to .80c So I am holding & watching
100% Copper ? XFLS - Xfuels #OTCMarkets #PinkMarket #OTC Possibly going to a penny ? As you can see XFLS ( or Xfuels ) is about a third of a penny right now at .0034 .Also we are inside that colorful Fib Circle indicator ! We are in the purple band of the circle , as you can see . It's a bullish band that should lead us up . But how high ? Possibly to a penny or higher . You see the Ichimoku cloud is above us but there is a strong resistance just under a penny at .009 . It's very possible to go there and wick up to 1 penny - which is right near that blue X on the chart . Maybe we get turned back at 1 penny and don't go through the cloud . But what if we go through the cloud ? It's possible to see 2 cents , 3 cents , 4 cents . It's hard to say as Penny Stocks are very volatile . Please be careful and DYOR - do your own research . But this looks pretty good to go up in the near future .
$4672.50 in 2006 to $6.00 - Huge Demand, Robust EarningsPacific Ethanol, Inc. produces and markets low-carbon renewable fuels and alcohol products in the United States. The company operates in two segments, Production and Marketing. It produces and markets ethanol; and co-products, such as wet and dry distillers grains, wet and dry corn gluten feed, condensed distillers solubles, corn gluten meal, corn germ, corn oil, dried yeast, and CO2, as well as markets ethanol produced by third parties. The company also offers ethanol transportation, storage, and delivery services through third-party service providers. It sells ethanol to integrated oil companies and gasoline marketers; distillers grains and other feed co-products to dairies and feedlots; and corn oil to poultry and biodiesel customers. The company owns and operates nine ethanol production facilities, including four plants located in the Western states of California, Oregon, and Idaho; and five plants in the Midwestern states of Illinois and Nebraska. Pacific Ethanol, Inc. was founded in 2003 and is headquartered in Sacramento, California.
I think this is the beginning of something huge. As I noted, the stock hit a high of $4672.50 in 2006.
Demand for Alcohol products in the United States and around the World is outstripping supply as can be seen in Pacific Ethanol's last earnings report below.
The company continues to pay down its debt too.
August 11, 2020
Shares of Pacific Ethanol (NASDAQ:PEIX) moved higher by 38.29% in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 258.82% over the past year to $0.27, which beat the estimate of ($0.20). Revenue of $212,074,000 beat the estimate of $174,200,000.
This is a pure turnaround play in my opinion with a lot of room to run a lot higher.
Daily Chart is Bullish with most indicators trending up, Bullish
The stock continues to make new 52-week highs.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
BrainChip Holdings (ASX:BRN) - What I see happening from hereLooking at the chart today from BrainChip ( ASX:BRN ) I can see they it has a couple of potential directions from here.
Over the last week or so, the stock has been retreating back from its highs of close to $1.00.
Overall though, I can see 2 possible scenarios.
Scenario A
Holding current levels (which look good considering the 61.8 fib line placement) here could see a price grab back up to above $0.50. Holding there would mean BrainChip is still maintaining an overall uptrend and also holding above the 50 fib line. Breaking through the next level of resistance at $0.64 is critical for recover efforts. A bullish scenario overall with some risk.
Scenario B
Failing to hold here would mean a fall back to previous support and older trend line around $0.34. A note here though that the old trend line has less touches, so holding it is yet to be determined. However, the fact that we have a trend line and a support line means we might see a bounce.
Options
If I was looking to gain entry, I can do so immediately, however I would be prepared for further volatility. A further fall back to $0.34 could mean a need to top up the position with more cash.
I can also choose to wait for one of the following scenarios:
- A clean break up and out of $0.64, signalling a much stronger bullish case.
- A break down and a hold at $0.34, signalling a position of relative safety to begin investment.
Risk Management
I can deploy risk management techniques including limiting the percentage exposure to this stock, applying a stop loss if it falls too far or reserving cash to purchase lower entries and reduce my average, should I want a long term position.
Hope this analysis helps!
Note - this is a record of my thoughts for personal use only. Nothing here should be taken as financial advice. Investors and traders should always do their own research before buying or selling assets.
PFIE AnalysisRecently, PFIE has been trading under its 20 EMA, indicating weakness. However, if PFIE can climb above .78, it could see higher highs, and a break above the current resistance represented by the full blue line could bring even higher levels towards to the purple resistance levels. However, PFIE has been holding .688 level very well -- a bounce off this level is imminent, but if it trend below this line, there's still a gap to fill down to .62.
Bottomed out, trend reversal?Did we just see a trend reversal of the Swiss Company Meyer Burger.
The Company just announced, that they will produce solar panels in Germany.
A brave decision.
Having a look in the history, we saw an overall trend in Europe. Solar production companies started in the 2010s, but failed to succeed due to the strong Asian competitors and cheap production conditions.
The current situation and thoughts to bring back local production could lead to an success.
The history of the stock shows a fall from 358 Doller to 20 Cent.
The change of energy sources away from coal could lead this current penny stock back to a proper stock.
The future will show the potential!
Sfet , volume is coming back , profit at very least 200%Simple as title, just buy and hold this for couple months we will receive sweet fruit. If you missed Gaxy ( the one I mentioned months ago, this is it ) )
Make Marijuana Great Again!Bullish divergence on this penny weed stock. I think we will see a major trend reversal within the next few weeks. Catalysts include the upcoming election and also Congress setting to vote on legalization. Now might be a good time to scoop up some shares while they are cheap because this sector will *most likely* be very hot soon.
RLFTF - Penny Stock Heating UpAnticipating some positive news from RLFTF's and further FDA approval for it's Aviptadil.
ABCDE Triagle wave approaching completion, confirmed by Williams Alligator, and Fib Retracement
A bounced off 0.382 level
C bounced off 0.5 level
Look for E confirmation off 0.618 level
Should price exit the triangle formation, setting target @ $1.2
ADM Endeavors, Inc. (OTC: ADMQ) Big shift in trend accumulationADM Endeavors, Inc. (OTC: ADMQ)
O/S: 138,670,000
Highlights:
Increasing and positive trend in average trading volume
Insider management buying up shares every week
Negotiation acquisition for online and service providers
Debt paid off (Just right products, inc)
Our digestion:
With the recent news and price action combined with management becoming heavily invested we see a positive future for ADM Endeavors.
We cover stocks that we are both compensated and not compensated. Our compensation disclaimer can be viewed through our profile.
💸 CYDY Trade Plan 8/31-9/11 💸 (Penny Stock)Current Price @3.40
Found support @2.86 and 2.68
Long
-Holding above @3.60 bullish , PT @3.81, @3.98 (hard resistance), and @4.90 above that.
-Unless we gap over @4.01 and break over the daily resistance trend line we will most likely see CYDY get shorted to the ground. Most likely into the @2.1 to @1.5 gap fill range.
Short
-Leaning Bearish as the market naturally wants to fill in any gaps.
-Watch the resistance trendline to hold on the daily.
-Breaking under @3.20 bearish , PT @3.03, @2.63, and 2.13
- Holding @2.73 under we'll most likely see the gap filled from @2.1 to @1.5
Bullish Charts - Online Sports Betting Play & New Boyd ContractInternational Game Technology PLC operates and provides gaming technology products and services worldwide. The company operates through four segments: North America Gaming and Interactive, North America Lottery, International, and Italy. It designs, sells, and operates a suite of point-of-sale machines that reconciles lottery funds between the retailer and lottery authority; provides online lottery transaction processing systems; produces instant ticket games; and offers printing services, such as instant ticket marketing plans and graphic design, programming, packaging, shipping, and delivery services. The company also designs, develops, assembles, and provides cabinets, games, systems, and software for gamin market, as well as offers gaming management systems for casino management, customer relationship management, patron management, and server-based gaming. In addition, it provides video lottery terminals (VLT), VLT central systems, and VLT games; and amusement with prize machines and games to licensed operators. Further, the company offers sports betting services on sports and motor sports events, and non-sporting events, as well as sports betting technology and management services. Additionally, it provides digital gaming products and services, including poker, bingo, and online casino table and slot games; social casino content; and remote game server, as well as iGaming systems and digital platforms that offers player account management, advanced marketing and analytical, and payment system services. The company processes commercial transactions, such as prepaid cellular telephone recharges, bill payments, e-vouchers and retail-based programs, electronic tax payments, prepaid card recharges, and stamp duty and money transfers services. The company was formerly known as GTECH S.p.A. and changed its name to International Game Technology PLC in April 2015. The company was founded in 2014 and is headquartered in London, the United Kingdom. International Game Technology PLC operates as a subsidiary of De Agostini S.p.A.
IGT is known in the industry and is well respected.
The company started jumping into online sports betting. This is a hidden gem teaming up with some huge players / casinos. See news below.
IGT Announces Sports Betting Technology Agreement with Boyd Gaming
finance.yahoo.com
IGT, FanDuel Ink Multi-Year Sports Betting Deal, Shares Rise 7%
finance.yahoo.com
Target: $18 to $20 or higher
Weekly Chart looks like a Bull Flag
Daily Chart: Volume, PMO, MACD, RSI, OBV, Stochastic and Accumulation are trending up, Bullish
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
DGLY: When will it jump up?As a scalper, my whole method depends on wedges, moving averages, trolling stocks and looking at the overall picture through indexes and daily-monthly views for things to take advantage of. DGLY or Digital Ally, the premiere body cam company, has been sinking for a while since June. However there is a noticeable trend; it tends to sink in August and go up in September. I marked those jumps on the RSI channel in red circles below the main chart. Will this make a move up? No clue, its getting very close at the end of my wedge and sinking through on my 200, 300, and 400 line right now. If it sinks below and fails its back test for the resistance. Its going to drop like a rock. We will have to wait til November when earnings hit to get a good scalp shot in. If it does stay above, we have a chance of this bouncing up. However moving average lines on the daily point to this baby plummeting back to either just little above $1 or below $1. at that point might as well take and hold until earnings. Its an easy scalp stock and unfortunately calls to action to reign in some police officer's trigger happy mood swings have still not been fast or effective enough. We are going to need those body cams and maybe more.
I say wait for the dip and buy at discount or you can have a really nice short here. Or...or if you really like to play risky...buy now and put a tight stop below. You will thank me later.