Y92 BUY/LONG ENTRY SOON!! 0.635 TO 0.845 BY MAY 2022TICKER CODE: Y92
Company Name: THAIBEV
Industry: CONSUMER NON-DURABLES. BEVERAGES: ALCOHOLIC.
Position Proposed: BUY/LONG (NOT READY!!)
Entry: 0.635 (EARLY AUG 2021-SEPT 2021)
1st Partial Take Profit: 0.715 (NOV 2021-JAN 2022)
2nd Partial Take Profit: 0.845 (MARCH 2022-MAY 2022)
3rd Partial Take Profit: 0.900 (JUL 2022-SEP 2022)
4th Potential Take Profit: 1.075 (EARLY 2023)
Stop Loss: 0.485
Technical Analysis
1. FLAGPOLE + Falling Wedge Indicates a Potential BUY
2. Small Inverse H&S indicates a Potential BUY
3. Fibonacci Expansion Provides further indications of BUY opportunities.
4. RSI may indicate an oversold position SOON to push our BUY ENTRY.
-TRADERPROSIGNALS.
Stockstowatch
BGI Looking To Shine In Reopening TradeBIG Gap up on July 1 after news that BGI reopened in Canada. But now it's at some interesting levels. The 618 fib has acted as support/resistance for a while. Since BGI broke above that, we need to see if it can hold. Next minor resistance seems to be around the .5 Fib then more major at the 382 fib. This 382 level is an area that BGI seems to have had a tough time breaking through. It has tested it but failed more times that succeeded to break through it and hold.
"Clearly, retail is broad, but there are a few names that come to mind. First, luxury brands have taken a focus as consumers have come out of hibernation with fresh capital. Jewelry companies like Birks Group (NYSE: BGI) have gained attention in the market. Birks operates jewelry stores across Canada. As of June 30, 2021, the company said it operates twenty-nine retail stores. It also has its fine jewelry collections available through other companies in the UK and US, including Mayors Jewelers and SAKS Fifth Avenue locations. This week Birks announced that it opened all of its Canadian stores, helping give it a boost in the market."
Quote Source: Best Penny Stocks To Watch Now? 10 Top Epicenter Stocks For Your List
Set...HUT!HUT volume beginning to pick up after its Nasdaq debut. But will it be enough. Even before jumping to the higher exchange, the crypto stock saw clear levels of support/resistance between the 618 and 786 fib levels. With Musk starting to chip about Dogecoin again, it will be interesting to see if we get a crypto reboot this summer.
" Cryptocurrency mining stocks like Hut 8 Mining (NASDAQ: HUT) have gained interest in the market. The company is a digital asset miner, which includes bitcoin. Hut’s focus on meeting certain ESG standards and environmentally friendly operations has helped it gain some added interest. The recent concern, especially when it comes to Bitcoin mining, is the level of energy usage needed & how that could impact the environment. This week the company bought 12,000 new MicroBT miners planned for deployment by the end of the year. 'We are excited to have identified this unique opportunity to purchase MicroBT equipment that will enable us to almost double our hashrate before the end of the year and substantially increase the number of Bitcoins earned on a daily basis,' remarked Jaime Leverton, Chief Executive Officer of Hut 8 Mining. "
Quote Source: Best Penny Stocks To Watch Now? 10 Top Epicenter Stocks For Your List
VEON 52 Week Highs But Long Way To GoVEON finally popped its head over that pestering resistance level that it failed to break for months. Now the real fun begins (so to speak). It's back in this no-man's land that it hasn't traded in for some time. What I'm watching is to see if the resistance level finally becomes a new support. Then the tall task: filling and breaking back through that old gap.
"Veon Ltd (NASDAQ: VEON), for example, provides connectivity and internet services. In Pakistan, its operating company, Jazz, recently secured a roughly $320 million syndicated credit facility from a banking consortium led by Habib Bank Limited. This facility will finance the company’s ongoing 4G network rollouts and technology upgrades, among other things."
Quote Source: Best Penny Stocks To Watch Now? 10 Top Epicenter Stocks For Your List
DIS SHORT/SELL TO 135.45 THEN LONG/BUY BY END OF 2021TICKER CODE: DIS
Company Name: WALT DISNEY COMPANY
Industry: CONSUMER SERVICES. CABLE/SATELLITE TV
Position Proposed: SHORT/SELL TO LONG/BUY (NOT READY FOR BUY)
1ST BUY Entry: 135.45 (END OF 2021-EARLY 2022)
2ND BUY ENTRY: 128.80
1st Partial Take Profit: 222.50 (EXPECT EARLY 2023-MID 2023)
2nd Partial Take Profit: 277.00 (END 2024)
Stop Loss: 117.00
Technical Analysis
1. Head & Shoulders forming the second shoulder as we speak therefore,
BUY entry should be plausible by END of 2021
2. Fibonacci Retracement and Expansion Coincide with H&S Price Range.
3. Flagpole and Falling Wedge formation coincides with take profit levels mentioned.
4. Many confluence levels happening around BUY entry levels!
-TRADERPROSIGNALS.
C8R SGX BUY/LONG NOW READY! 0.075 to 0.235 by End 2023!TICKER CODE: C8R SGX
Company Name: JIUTIAN CHEMICAL
Singapore Stocks Process Industries Chemicals: Specialty
Position Proposed: BUY
BUY ENTRY: NOW READY (0.075-0.090)
1st Partial Take Profit: 0.150 (End 2021)
2nd Partial Take Profit: 0.235 (End 2023)
3rd Partial Take Profit: 0.270
Potential Take Profit: 0.365
Stop Loss: 0.065
Technical Analysis
1. LARGE INVERTED HEAD & SHOULDERS PATTERN (PARTIALLY COMPLETE)
2. Area of Confluence on EMA 60 & structure level
3. 1st Partial Take Profit would very likely push RSI to overbought levels which
would reject back down to new support structure
4. 1st Partial Take Profit will also be the Take Profit of Completion of Head & Shoulders Pattern
5. 2nd/3rd Partial Take Profit will be at the key level zone which is also near potential resting sell orders
6. Potential Take Profit will be at the Take Profit of Assumed Bigger Head & Shoulders Take Profit Level
Tesla StockHello to my trader friends, i was looking at Tesla stock and did this analysis here, for the moment tesla is on a good yearly strong uptrend but recently had a change on it's short term trend, now for the investors who want to jump into tesla, don't. at least not it reachs 415, considering the momentom and strength of the trend it is very unlikley that this short term trend goes bellow 415 and continues it's down trend, but for the sake of 40% difrrence just don't buy now. and for other types of traders it is a good idea to go short from here to 415.
I hope this analysis can help you to dicied whether you are a long term investor or a more short term trader to make some profit and of course do your own analysis too.
OPTT BUY/LONG NOW READY! 2.30 to 2.40 by ARD DEC21TICKER CODE: OPTT
Company Name: OCEAN POWER TECHNOLOGIES, INC
Industry: US Stocks Producer Manufacturing Electrical Products
Position Proposed: BUY/LONG
Entry: 2.30-2.40
1st Partial Take Profit: 3.55-3.60
2nd Partial Take Profit: 4.10-4.15
3rd Partial Take Profit: 5.10-5.15 (~Dec 2021)
Stop Loss: 1.75-1.80
Technical Analysis
1. Descending wedge/Pennant (completed and broke out)
2. MEGAPHONE forming at a bigger time frame
3. 1st Partial Take Profit will be at next major structure level & Fibonacci retracement at 0.786
4. 2nd Partial Take Profit will be at the next major structure level & Fibonacci retracement at 0.618
5. 3rd Partial Take Profit will be at 100% of flag pole length
Familiar T/A on ITRM Well, doesn't this look familiar? ITRM tested is previous level of support AND resistance in a wide channel today. IDK what the sell-off was but I'm guessing the re-entry had something to do with speculation on the FDA data set to come out next month.
"At the end of May, Iterum provided an update on its New Drug Application with the U.S. Food and Drug Administration. Currently, the NDA is still under review by the FDA, and the PDUFA goal date is July 25th, 2021. Since the application review for Sulopenem is on track at the moment, ITRM stock is performing well as a result. ITRM stock price has nearly doubled in the last month."
Not sure if it gets the approvals necessary but "buy the rumor" might be playing a role here.
Quote Source: Top 9 Penny Stocks With High Volume to Watch Right Now
GNUS Channel Bound. For NowGNUS remains channel bound with the 618 Fib line acting as a pivot support/resistance. I think there needs to be some info from the company now that they plan on being on the Russell.
On June 8th, the company announced that it will join the Russell 3000 Index after the conclusion of the 2021 Russell indexes annual reconstitution. This will be active when the market opens on June 28th, 2021. One month ago, GNUS stock was around $1.55 per share and it has now reached nearly $2 per share as of June 23rd.
In particular, our recently launched tentpole brand, Stan Lee’s Superhero Kindergarten, starring Arnold Schwarzenegger, has now surpassed 28 million views, averaging now over 4 million views per episode, making this one of the most highly viewed new cartoon launches in history.”
Quote Source: 7 Top Penny Stocks For Your July 2021 Watch List
If it can break the 618 fib, I'd like to see it at least come close to testing the 50 fib. We'll see if it's allowed to move.
BAC Getting Back To $40.80 - Resistance On The DailyBAC is finally back above $40.50 but now the fight starts at $40.80. It was a previous level of support this quarter now I think it could be a resistance level on the daily chart. Wit the stress test news, it wouldn't surprise me if it waffles a bit around here then hopefully breaks. I'm long right now with both stocks and options on the company.
IF/WHEN $40.80 breaks, then I'd like to see it test and break above the 50DMA sitting around $41.18. Will it happen overnight? we'll see but any major extension could be met with some profit-taking too so I'm keeping that in mind also. Option are for trading, the stock I'm in from the teens and holding long.
Wouldn't want to treat these banks like penny stocks in any way but the recent volatility has definitely brought in some trading momentum as opposed to the buy and hold peeps from earlier in the year.
NEM BUY/LONG SHORT TERM ANYTIME SOONTICKER CODE: NEM
Company Name: NEWMONT CORPORATION
Industry: US Stocks Non-Energy Minerals Precious Metals
Position Proposed: BUY/LONG
Entry: 62.80- 63.00 NOW READY
1st Partial Take Profit: 66.05
Stop Loss: 61.05
Technical Analysis
1. Rising Wedge completed (Breakout already)
2. Head & Shoulder (Shoulders forming)
3. RSI OVERSOLD ( price will go up a while)
4. Area of confluence (EMA, structure level & Trendline)
DISCA BUY/LONG NOW READY! 29.00-31.00 by End Aug 2021TICKER CODE: DISCA
Company Name: DISCOVERY, INC. - SERIES A
Industry: US Stocks Consumer Services Cable/Satellite TV
Position Proposed: BUY/LONG
Entry: NOW READY 30.20
1st Partial Take Profit: 39.85 - 40.00 (~Aug21)
2nd Partial Take Profit: 50.15 - 50.30 (~Sep21)
3rd Partial Take Profit: 69.45 - 69.60 (~Nov21)
NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION
Stop Loss: 26.20
Technical Analysis
1. Falling wedge/pennant (Almost complete; waiting to breakout)
2. 1st Partial Take Profit is at the next resistance level; may experience some retracement
3. 2nd Partial Take Profit is at the next major structure level
4. 3rd Partial Take Profit is Fibonacci Retracement at 0.786 & also 100% of the pole length
ENG BUY/LONG NOW READY!!! 3.30 TO 4.95 BY JUL-SEPT 2021TICKER CODE: ENG
Company Name: ENGlobal Corporation
Industry: Industrial Services, Oilfield Services/Equipment
Position Proposed: BUY/LONG
Entry: NOW BUY READY!! ( 3.30-3.40 )
1st Partial Take Profit: 4.95 (JUL 2021-SEP 2021)
2nd Partial Take Profit: 6.20 (END 2021-EARLY 2022)
Potential 3rd Take Profit: 8.65 (Mid 2022)
Stop Loss: 2.60
Technical Analysis
1. Flagpole+Falling Wedge BROKE through indicating a BUY position.
2. Inverse H&S commonly seen At the end phase of (1) indicating a BUY position.
3. Fibonacci Expansion in favor of a BUY position to Mentioned TP levels.
4. Market Closed above Resistance Line (DAILY)
TRADERPROSIGNALS
Google long seeking TP 🎯Just before New York session open I wanted to share a google trade idea.
Currently been in this trade since the 16th of June.
I am using our reversal strategy that is still in the early stages of development.
Using customised RSI values specific to the instrument is the main feature for identifying trades.
Only just started using this strategy for stocks.
Entry details are shown on the chart.
Green line is take profit. Pink line is stop loss.
Trade history can be seen below this trade idea too for full transparency.
The back test for this stock is very solid in my opinion.
Any feed back from fellow stock traders hit the comment box below.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
AWX SGX SELL/SHORT to 2.00 (BUY ENTRY) UPDATETICKER CODE: AWX
Company Name: AEM
Industry: Singapore Stocks Industrial Services Engineering & Construction
Position Proposed: BUY
Buy Entry: NOT READY (2.00-2.20)
1st Partial Take Profit: 5.30 Early-Mid 2022)
2nd Partial Take Profit: 7.35(Early 2023)
Stop Loss: 1.90
Technical Analysis
1. Falling Wedge/Pennant Pattern (Potentially Forming)
2. Area of Confluence with Trendline and Horizontal Resistance Level (Key Level)
3. Fibonacci Retracement at 0.786 is at key market structure
4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
and also Channel Range (Trendline Resistance)
ATOS BIG BUY/LONG POTENTIAL 2.65 to 140.00 By Mid 2022!ICKER CODE: ATOS
Company Name: ATOSSA THERAPEUTICS, INC
Industry: US Stocks Health Technology Medical Specialties
Position Proposed: BUY
FOMO BUY ENTRY: NOW READY (4.00-5.20)
NEXT BUY ENTRY: (2,65 - 3.35)
1st Partial Take Profit: 140.00 (Mid 2022)
2nd Partial Take Profit: 200.00 (Mid 2024)
3RD Partial Take Profit: 320.00 (2027)
1st PARTIAL SHORT TERM TP: 30:200
2nd PARTIAL SHORT TERM TP: 140.00
Stop Loss: 3.00
Technical Analysis
1. FALLING WEDGE PATTERN (COMPLETED )
2. HEAD & SHOULDERS PATTERN (PARTIALLY COMPLETE)
2. Area of Confluence on EMA & structure level
4. Fibonacci Retracement at 0.618 OR 0.786
5. Safest Take Profit will land 80 % equivalent to the length of head and neckline
level 2 of Fibonacci Expansion Blue Zone
IVR BUY/LONG NOW READY! 3.5-3.65 by SEPTEMBER 2021TICKER CODE: IVR
Company Name: INVESCO MORTGAGE CAPITAL INC
Industry: US Stocks Finance Real Estate Investment Trusts
Position Proposed: BUY
BUY ENTRY: READY (4.00)
2nd BUY ENTRY: 3.5 - 3.65
1st Partial Take Profit: 7.00 (August-September 2021)
2nd Partial Take Profit: 10.00 (October-November 2021)
3RD Partial Take Profit: 15.00 (June-July 2022)
Stop Loss: 2.00
Technical Analysis
1. Bullish Pennant in 1H timeframe
2. Inverse Head and Shoulders (Forming Head)
3. Double Bottom
4. Safe Take Profit on Fibonacci Extension 1.0 Grey Zone
5. 2nd Partial Take Profit on Structure level and Fibonacci Extension 1.618
6. 3rd Partial Take Profit on Structure level and Fibonacci Extension level 2.618
Caution: If chart falls to 2.5-3.2, there may have sideward movements before shooting up.
did Ronaldo really move coca cola?we have all seen that video of football player Cristiano Ronaldo moving the coke bottles to one side all over the interne and the press had a field day with it claiming that coca cola stock has plunged since that image was released. we have seen a move to the downside in KO but in my opinion that was more down to the media not the actual act its self, what i see is an exhaustion to an area of significance what investors will use in order to add positions. so knowing this is coca cola going to continue to the downside? probably not ... so we are looking for a long after we see bullish movement and then we are going to set a blo at the are of sensitivity for a quick in quick out.
FLGT BUY/LONG NOW READY! 66.00 to 152.00 by August 2021!TICKER CODE: FLGT
Company Name: FULGENT GENETICS, INC
Industry: US Stocks Health Services Medical/Nursing Services
Position Proposed: BUY (66.50-67.00)
BUY ENTRY: READY (66.50-67.00)
1st Partial Take Profit: 81.35 (July 2021)
2nd Partial Take Profit: 118.00 (End July 2021)
3RD Partial Take Profit: 152.00 (August 2021)
Stop Loss: 46.00
Technical Analysis
1. Falling Wedge PATTERN (PARTIALLY COMPLETED)
2. Area of Confluence on EMA & Trend line & Structure level
3. Fibonacci Retracement at 0.786
4. Safest Take Profit will land at next key structure level
5. 2nd Take Profit will land at the 2nd key structure
6. 3rd Take Profit Profit will land equivalent to the Flagpole length and at key structure level.
C38U BUY/LONG NOW READY! 2.10 to 2.65 by End AUG/SEPT 2021TICKER CODE: C38U
Company Name: CAPLAND INTCOM T
Industry: FINANCE. REAL ESTATE INVESTMENT TRUSTS
Position Proposed: BUY/LONG (NOW READY!!)
BUY ENTRY: 2.00-2.10
1st Partial Take Profit: 2.65 (AUG 2021-SEPT 2021)
Potential 2nd Take Profit: 3.05 (END of 2021)
Stop Loss: 1.85
Technical Analysis
1. FLAGPOLE + Rising Wedge Occurring, 4 touchpoints established,
POTENTIAL BUY/LONG to mentioned prices by end of SEPT 2021.
2. Inversed H&S forming now, with the completion of the second shoulder,
it might POTENTIALLY push the market to mentioned prices.
3. Fibonacci Expansion indicates a rebound at 0.618 levels,
providing further evidence of a Push-up.
DO BE WARNED IF THE CHART REACHES THE FIRST TAKE PROFIT, IT MAY DO A REVERSAL.
RGLS Showing Interesting LevelsRGLS continues pivoting around that 618 Fib line. Overall, it has held a clear uptrend despite the pullback. Trend line lines up almost perfectly with the latest higher lows put in. RNA companies remain a focus. In this case, it's not covid but kidney diseases.
"In mid-May, Regulus Therapeutics announced an incremental update of its autosomal dominant polycystic kidney disease program. The CEO of the company, Jay Hagan said, “As previously reported, the ninth and final patient was trending well at the end of the dosing period and saw their polycystin levels continue to rise until study completion, twenty-eight days after the last dose. This pattern was generally consistent across the first cohort and further enhanced the overall mean changes from baseline for both biomarkers."
PLUS upcoming presentation of RGLS4326 for the treatment of ADPKD at the PKD Connect Conference 2021 this Friday (6/25) could be something to keep in mind right now too.
Quote Source: 7 Hot Penny Stocks to Watch That Are Trending Right Now
KOS At A Pivot PointKOS At a make or break area of resistance that was formally support a while back. Also coming into the month with stronger volume and a golden cross (bullish technical set up). With strength in energy and in light of the current levels, KOS is something on the list to watch right now. It also put in a new 52-week high on June 21st.
"Kosmos Energy has been on our penny stock watchlist for months now. By midday, shares of KOS stock had jumped by over 16% to $3.60 per share. The reason for this jump was due to an analyst at Bernstein named Bob Brackett, shifting his recommendation to a ‘Buy Rating’ with expectations for oil demand to increase by over 10%. Even as the market for more sustainable energy and electric vehicles expands rapidly the expectation is to see demand for oil rise in the short term. It’s important to note that this is just one analyst’s opinion and penny stocks that deal in energy sources such as oil are particularly volatile. This is to say that it’s important to do your own research before buying in. Earlier this month, Roy A. Franklin was appointed to the Board of Directors. He is an individual with over 45 years of experience in the energy industry and has extensive experience in multiple private and public companies."
Quote Source: 7 Top Penny Stocks to Watch Right Now With Big News