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RIG Continues In Its ChannelI put this RIG chart together earlier this month and it continues to hold true. No major consolidation just a channel trade with higher lows getting put in. With global shipping becoming a bigger point of interest right now RIG could be one to watch (assuming they don't do something stupid like raise money at a drastic discount). "the oil demand this year has only started to rise in the past six months. This is a clear reflection of the effects of the pandemic coming to an end. While no one knows exactly when the pandemic will end, it looks like people are beginning to resume travel internationally and domestically. For this reason, many investors are betting on the future of the energy industry. Whether this is enough to make RIG stock worth watching is up to you." Quote Source: Hot Reddit Penny Stocks to Buy? 10 That You Should Know About
NYSE:RIG
by PennyStocks101
Go BBIG or Go Home? Key Levels382 Fib looks like a decent level of resistance on the BBIG chart right now. But with an uptick in volume today and some extra attention on social media, it's going to be interesting to see how things pan out. Between excitement around NFTs and the whole social TikTok competitor aspect, there's enough of a story to follow: "Vinco Ventures is a penny stock that we’ve covered numerous times in the past few weeks. During that time, investors had been anxiously awaiting updates surrounding the acquisition of Lomotif Private Ltd. by it and its subsidiary ZASH Global Media and Entertainment. The pair plan to sign a final agreement and Plan of Merger on or prior to June 24th of this year, which is big news for shareholders. For some context, Vinco Ventures is an acquisition company, working on digital media and content-based companies. Its main strategy is known as B.I.G. or Buy. Innovate. Grow." Quote Source: Hot Reddit Penny Stocks to Buy? 10 That You Should Know About
B
by PennyStocks101
No Man's Land For NowGOED hanging out in no man's land. I like the climb it's had so far but big question mark as to whether or not it can break through the upper limit on this gap. Open to some thoughts but found this to be interesting: "During the pandemic, home improvement has increased dramatically with more people having the time to spend on it. This helped 1847 Goedeker perform well since the beginning of Covid. The company also sells fitness equipment, which again, was and is a major market due to the pandemic. June 16th, Goedeker announced its Q2 2021 results which could be the reason behind its over 5% gain today. The company’s revenue broke a record, moving up 41.9% year over year." Quote Source: 4 Penny Stocks to Watch Following the Fed Meeting and Powell’s Remarks
G
by PennyStocks101
Is AAPL Benefiting From The Reddit Rally?AAPL shares are starting to get thrown in the mix with Reddit's memestocks trend right now. I don't think it's a bad thing to be honest and longs (including myself) aren't opposed to the positive momentum in the market. The stock itself has held a great trend and now continues consolidating on the daily chart with the 236 fib acting as a support level. Maybe the meme momo helps get the stock outta this consoldtain trend and finally start making new highs again. "Believe it or not, one of the increasingly popular meme stocks right now on Reddit is Apple (AAPL). One might say this is one of the OG memers over the last few decades. Known for its disruptions in tech, Apple's products are used by millions of people" Original Quote Source: Looking For More Meme Stocks? Here Are 6 Gaining Popularity Right Now
NASDAQ:AAPLLong
by PennyStocks101
alibaba - full exhaustion to previous high here we have Alibaba that has seen sell pressure since its highs and now price has come to a level that investors will be interested. this level is a monthly zone and previous high so this is where the big boys, corporations, funds etc will start to look at this for a value buy. what we are looking for as traders is confirmation the big boys are coming into the market. this will be a bullish engulfing candle on the daily breaking the lower timeframe downtrend and also the monthly zone. what we will wait for when we get this is entry confirmation with minor exhaustion to place our trade, we will be watching this one closely.
NYSE:BABALong
by Trade_Rocket_Investments
1
U77 SGX BUY/LONG NOW READY! 0.650 to 1.285 by 2023TICKER CODE: U77 Company Name: SARINE TECH Industry: Singapore Stocks Electronic Technology Electronic Equipment/Instruments Position Proposed: BUY Entry: NOW READY (0.650-0.900) 1st Partial Take Profit: 1.285 (September 2023) 2nd Partial Take Profit: 1.945 (September 2024) 3rd Partial Take Profit: 3.060 (December 2027) Stop Loss: 0.465 Technical Analysis 1. Large Inverted Head and Shoulders (Forming head) 2. Falling Wedge (Broke out of diagonal structure) 3. Double Bottom 4. Small Pennant Pattern Forming to Push about Key Structure
SGX:U77Long
by traderprosignals
CALT BUY/LONG NOW READY! 31.00 to 39.45 by Aug 2021TICKER CODE: CALT Company Name: CALLIDITAS THERAPEUTICS AB US Stocks Health Technology Pharmaceuticals: Major Position Proposed: BUY BUY ENTRY: NOW READY (31.00) 1st Partial Take Profit: 39.45 (July - August 2021) 2nd Partial Take Profit: 47.80 (End 2021) NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION Stop Loss: 27.15 Technical Analysis 1. Large Flagpole with Falling Wedge 2. Area of Confluence on EMA & structure level 3. Fibonacci Retracement at 0.786 4. 1st Partial Take Profit is at Fibonacci Extension Level 1 Grey Zone (Safe Zone) 1st Take Profit is also at the Flagpole Price Range 5. 2nd Partial Take Profit will be at level 2 of Fibonacci Expansion Blue Zone. - MAY NOT REACH Note that the market has already BREAK AND RETESTED.
CLong
by traderprosignals
TXMD BUY/LONG NOW READY! 1.85 to 3.50 by End 2021 - Early 2022!TICKER CODE: TXMD Company Name: THERAPEUTICSMD, INC US Stocks Health Technology Pharmaceuticals: Generic Position Proposed: BUY BUY ENTRY: NOW READY (1.25) 1st Partial Take Profit: 1.85 (Aug-Sept 2021) 2nd Partial Take Profit: 3.50 (End 2021-Early 2022) 3rd Partial Take Profit: 3.95 (End 2021-Early 2022) NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION Stop Loss: 1.05 Technical Analysis 1. LARGE INVERTED HEAD & SHOULDERS PATTERN (Forming 2nd Shoulder) 2. 1st Take Profit will be at the close of Head & Shoulders Pattern 3. 2nd Take Profit will be in the same price range as 80% of the Head Price Range 4. Symmetrical Mirror Pattern 5, On 3Months Timeframe there is a Perfect Double Bottom Setup
NASDAQ:TXMDLong
by traderprosignals
INFI BUY/LONG NOW READY! 3.00 to 8.35 by End 2021!TICKER CODE: INFI Company Name: INFINITY PHARMACEUTICALS, INC US Stocks Health Technology Biotechnology Position Proposed: BUY FOMO BUY ENTRY: NOW READY (3.30) NEXT BUY ENTRY: (3.00) 1st Partial Take Profit: 6.20 (July - August 2021) 2nd Partial Take Profit: 8.35 (End 2021) NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION Stop Loss: 2.55 Technical Analysis 1. LARGE INVERTED HEAD & SHOULDERS PATTERN (Forming 2nd Shoulder) 2. Area of Confluence on EMA & structure level 3. Fibonacci Retracement at 0.786 4. 1st Partial Take Profit is at Fibonacci Extension Level 1 Grey Zone (Safe Zone) - This take profit is also at Key Level 5. 2nd Partial Take Profit will be at level 2 of Fibonacci Expansion Blue Zone. 6. 2nd Take Profit will be in the same price range as the Flagpole as well as 80% of the Head Price Range Note that there might NOT be a RETEST FOR A RE-BUY ENTRY
ILong
by traderprosignals
1
This looks...Familiar on ATOSThis is a very interesting level for ATOS right now. The last two times before this most recent instance the stock failed to break through and hold this level. It was able to do that briefly this year but unsustainable. After consolidating this last time around, what's the catalyst to actually spark a firm move? I think a lot will come down to the next steps for AT-301 to be honest: "Recently ATOS has received phase 2 initiation approval from the Swedish Medical Product Agency for its oral Endoxifen. This drug targets mammographic breast density (MBD), to reduce and eradicate potential tumors. MBD affects millions worldwide and can reduce the effectiveness of mammograms...Doctors around the world depend on mammogram studies to detect cancer through breast density. With a drug such as Endoxifen, it would increase the ability for earlier diagnosis, which in turn could reduce breast cancer incidence... This is a large breakthrough for the company and considering the incidence of breast cancer around the world, Endoxifen could be a big deal moving forward. Investors should stay up to date with any news regarding this compound, as it is Atossa’s flagship product. However, it does have a sizable pipeline that includes a Covid-19 nasal spray treatment known as AT-301." Quote Source: 4 Top Biotech Penny Stocks To Watch In The Second Half Of June 2021
NASDAQ:ATOS
by PennyStocks101
SENS BUY/LONG NOW READY! 2.95 TO 6.75 BY SEPT 2021TICKER CODE: SENS Company Name: SENSEONICS HOLDINGS, INC. Industry: ELECTRONIC TECHNOLOGY. ELECTRONIC COMPONENTS Position Proposed: BUY/LONG Entry: BUY READY (2.85-2.95) 1st Partial Take Profit: 5.67 (JUNE 2022-AUG 2022) 2nd Partial Take Profit: 6.75 (OCT 2022-DEC 2022) Potential Full Take Proft: 9.93 (Mid YR 2023- Early 2024) Stop Loss: 1.65-1.70 Technical Analysis 1. Speaker Phone Formation would Indicate a Potential BUY to Take Profit Levels. 2. Inverse Head & Shoulders forming indicating a Potential BUY to Take Profit Levels. 3. Flagpole + Falling Wedge Formed and Done Retracement indicating a Potential BUY to Take Profit Levels. 4. Fibonacci levels indicate a Retracement at Golden Zone (0.786) to Levels 5.67, 6.75, and FInally 9.93 in the Following Years.
AMEX:SENSLong
by traderprosignals
2
RIG Channel trading right nowRIG still holding a relatively clear channel right now. I think with the discussion on inflation it could get (and seems to have gotten) folded into the "inflation strength" conversation. "So, why exactly is Transocean a play for inflation? Well, as stated earlier, energy penny stocks have a great amount of demand to contend with. This demand increase could result in increased financials for the coming periods." Quote Source: Best Penny Stocks to Buy Ahead Of Inflation? 3 To Watch Right Now
NYSE:RIG
by PennyStocks101
Back at the Gap for LLNWLLNW back at historic support/resistance and right below a historic gap level from 2019. Right now this level is acting as resistance and has done so for weeks. No news isn't always good news but hopefully, the company starts getting more vocal: "Not much has been announced since its last round of earnings. However, the company mentioned “formalizing broader plans to evolve” its offerings beyond video to “take advantage” of its network during low peak times. “We plan to hold a strategy update session in early summer. An announcement of the date and participation details will be shared approximately one month in advance of the event,” said CEO Bob Lyons earlier this year. So as summer begins, LLNW stock could be in focus." Quote Source: 4 Hot Penny Stocks To Watch Today Ahead Of Esports Industry Growth
L
by PennyStocks101
Is this just a Fib or is SLGG gonna finally make a move?Obvious play on words but clearly SLGG is testing that same resistance that lines up with the fib line itself. Esports conversations are beginning again. I'm wondering if this will be another cycle for these stocks. "Shares of SLGG stock have steadily climbed over the last month. In fact, between May 14th and June 14th, Super League’s share price has jumped from around $4 to just under $6 this week. One of the things that helped supercharge Super League was a bullish analyst rating from HC Wainwright last month. The firm started coverage on SLGG stock with a Buy rating and a $6 price target. As the penny stock approaches that target price, it looks like traders remain bullish on the company. A few weeks ago, Super League announced the acquisition of Mobcrush. According to the company, this helped establish one of the largest “verifiable and addressable audiences of passionate gamers in the US.” Mobcrush operates a live streaming tech platform, which boasts a roster of gaming influencers and more than 4.5 billion accumulated fans * subscribers across social media sites." Quote Source: 4 Hot Penny Stocks To Watch Today Ahead Of Esports Industry Growth
S
by PennyStocks101
CRSR BUY/LONG INCOMING BUY ENTRY!! 35.00-51.00 BY SEPT 2021 !!TICKER CODE: CRSR Company Name: CORSAIR GAMING INC Industry: TECHNOLOGY SERVICES, PACKAGED SOFTWARE. Position Proposed: BUY/LONG Entry: NOT READY (35.00-36.50)(VERY SOON) 1st Partial Take Profit: 51.00 (OCT 2021-DEC 2021) 2nd Partial Take Profit: 65.40 (APRIL 2022-JUNE 2022) Stop Loss: 31.45 Technical Analysis 1. Flagpole + Falling wedge Indicates a BUY/LONG to the stated TP levels. 2. Adding on the Fibonacci retracement and Expansion on SIlver and Gold levels, 0.618(27.76) and 1.0(65.65) respectfully 3. Potential Inverse H&S forming to complete the Falling Wedge Retracement levels (35.00-36.50) before completing the second shoulder(40.65) 4. RSI indicates an overbought scenario therefore advised to enter at stated levels(35.00-36.50)
NASDAQ:CRSRLong
by traderprosignals
EYES BUY/LONG NOW READY! 6.65 to 9.30 by End 2021TICKER CODE: EYES Company Name: SECOND SIGHT MEDICAL PRODUCTS, INC US Stocks Health Technology Medical Specialties Position Proposed: BUY FOMO BUY ENTRY: NOW READY (6.65) NEXT BUY ENTRY: (5.15) 1st Partial Take Profit: 9.30 (End 2021) 2nd Partial Take Profit: 18.50 (End 2022) 3rd Partial Take Profit: 27.25 (End 2023) NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION Stop Loss: 4.35 Technical Analysis 1. LARGE INVERTED HEAD & SHOULDERS PATTERN (Forming 2nd Shoulder) 2. Area of Confluence on EMA & structure level 3. Fibonacci Retracement at 0.786 4. 1st Partial Take Profit is at Fibonacci Extension Level 1 Grey Zone (Safe Zone) - This take profit is also at Key Level 5. 2nd Partial Take Profit will be at level 2 of Fibonacci Expansion Blue Zone. 6. Take Profit will be in the same price range as the Flagpole. Note that there might NOT be a RETEST FOR A RE-BUY ENTRY
ELong
by traderprosignals
VBIV BUY/LONG NOW READY! 3.30 to 9.60 by End 2022!TICKER CODE: VBIV Company Name: VBI VACCINES, INC US Stocks Health Technology Biotechnology Position Proposed: BUY FOMO BUY ENTRY: NOW READY (3.94) NEXT BUY ENTRY: (3.30) 1st Partial Take Profit: 6.75(End 2021) 2nd Partial Take Profit: 9.60 (End 2022) NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION Stop Loss: 2.80 Technical Analysis 1. LARGE INVERTED HEAD & SHOULDERS PATTERN (Forming 2nd Shoulder) 2. Area of Confluence on EMA & structure level 3. Fibonacci Retracement at 0.786 4. 1st Partial Take Profit is at Fibonacci Extension Level 1 Grey Zone (Safe Zone) - This take profit is also at Key Level 5. 2nd Partial Take Profit will be at level 2 of Fibonacci Expansion Blue Zone. 6. Take Profit will be in the same price range as the Flagpole. Note that there might NOT be a RETEST FOR A RE-BUY ENTRY
VLong
by traderprosignals
1
JAGX BUY/LONG NOW READY! 1.90 to 29.50 by End 2022!TICKER CODE: JAGX Company Name: JAGUAR HEALTH, INC US Stocks Health Technology Pharmaceuticals: Generic Position Proposed: BUY BUY ENTRY: NOW READY (1.90-2.40) 1st Partial Take Profit: 5.45 (in 2 Months 2021) 2nd Partial Take Profit: 8.25 (Aug-Sept 2021) 3rd Partial Take Profit: 12.70 (End 2021) Expected Take Profit: 17.15 (Early - Mid 2022) Potential Take Profit: 29.50 (End 2022) NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION Stop Loss: 1.40 Technical Analysis 1. LARGE INVERTED HEAD & SHOULDERS PATTERN (PARTIALLY COMPLETE) 2. Small Falling Wedge Completed 3. Fibonacci Retracement at 0.786 4. 1st Partial Take Profit is at Fibonacci Extension Level 1 Grey Zone (Safe Zone) which is also at the price range of the pole. 5. 2nd Partial Take Profit will complete the head formation of a smaller INVERTED HEAD & SHOULDERS it will also hit key horizontal structure levels which will very likely create a short consolidation
NASDAQ:JAGXLong
by traderprosignals
2
594 SGX BUY/LONG NOW READY! 0.05 to 0.016 by Mid 2022!TICKER CODE: 594 SGX Company Name: CAPALLIANZ HOLDINGS LTD Singapore Stocks Energy Minerals Oil & Gas Production PENNYSTOCK BUY AT OWN RISK! Position Proposed: BUY BUY ENTRY: NOW READY (0.05) 1st Partial Take Profit: 0.012 (End 2021) 2nd Partial Take Profit: 0.016(Mid 2022) NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION Stop Loss: 0.03 Technical Analysis 1. LARGE INVERTED HEAD & SHOULDERS PATTERN (PARTIALLY COMPLETE) 2. Fibonacci Retracement at 0.786 3. 1st Partial Take Profit is at Fibonacci Extension Level 1 Grey Zone (Safe Zone) 4. 1st Partial Take Profit is at the Fibonacci Extension level of 1.618 which is also at the price range of the pole. 5. 2nd Partial Take Profit will complete the head formation of the INVERTED HEAD & SHOULDERS it will also hit Area of Confluence on EMA 200 & structure levels which will very likely reject down to form our 2nd Shoulder
5Long
by traderprosignals
SYN BUY/LONG FOMO ENTRY NOW READY! 0.59 to 1.97 by End 2021TICKER CODE: SYN Company Name: SYNTHETIC BIOLOGICS, INC Industry: HEALTH TECHNOLOGY, BIOTECHNOLOGY Position Proposed: BUY/LONG FOMO ENTRY: NOW READY Entry: BUY READY (0.5950) 1st Partial Take Profit: 1.4090 (AUG 2021-OCT 2021) 2nd Partial Take Profit: 1.9700 (DEC 2021- FEB 2022) Expected Potential Full Take Profit: 5.9450 (END 2022 - Mid 2023) Stop Loss: 0.3470 Technical Analysis 1. Large Inverted Head & Shoulder FORMING, Indicating a Potential BUY to Take Profit Levels 2. Flagpole & Falling Wedge FORMED, Indicating a Potential BUY to Take Profit Levels 3. Price ranges from Falling Wedge and Second Shoulder formation Coincide each other, Indicating Levels of a BUY Potential. 4. Fibonacci Expansion Levels indicate a Potential BUY to Golden zones (0.786-1.618). 5. Final Take Profit level indicated by Price Range Expansion and coinciding with NEXT RESISTANCE LEVELS. (5.9450-6.0000)
SLong
by traderprosignals
1
LMND BUY/LONG INCOMING!! 90.00 to Potentially 214.00 by Mid 2022TICKER CODE: LMND Company Name: LEMONADE, INC Industry: US Stocks Finance Property/Casualty Insurance Position Proposed: BUY BUY ENTRY: NOT READY 90.00 1st Partial Take Profit: 143.00 (July - September 2021) 2nd Partial Take Profit: 214.00 (End 2021 - Mid 2022) Stop Loss: 70 Technical Analysis 1. FALLING WEDGE PATTERN (COMPLETED) 2. BROKE OUT from wedge pattern 3. Head and shoulders (Partially completed) 4. Area of Confluence on EMA & structure level 6. Fibonacci Retracement at 0.786 6. Safest Take Profit will land equivalent to the resistance zone 7. 2nd Take Profit will land equivalent to the Flagpole length and level 1 of Fibonacci Expansion Grey Zone
NYSE:LMNDLong
by traderprosignals
3
FXCM's Cannabis Basket's hourly showing potential momentum pushFXCM's CANNABIS basket is in the bullish area on the daily chart on the left. The hourly EMAs and stochastic are in bullish mode and potentially align short-term traders with the daily. The stochastic has moved into the upper quintile, and maintenance of this level (blue arrow) increases the chance of a successful trade. Trend following indicators may be useful in this case as a potential exit tool. Stop under hourly support in conjunction with risk management techniques.
CLong
by FXCM
1