Mcewen Mining Inc $MUX - investment idea 💡 Be careful, multiple entries selected so hope you have a strong risk management strategy.
This idea is based on my technical analysis only.
Do your research and trade on your own risk!
Stockstrading
Sale of Manufacturing Operations and Global Supply AgreementAcorda Therapeutics Announces Agreement for Sale of Manufacturing Operations and Long-Term Global Supply Agreement for INBRIJA®, Corporate Restructuring, and Enters into "At The Market" Offering Agreement
$80 million up-front payment will substantially increase cash balance
Sale, restructuring and other operating expense reductions will reduce annual operating expenses by approximately $40 million
Total 2021 non-GAAP operating expense guidance expected to be $130-$140 million1
At The Market (ATM) offering allows the sale of common stock at aggregate value up to $15.25 million
Supply agreement will ensure uninterrupted supply of INBRIJA (levodopa inhalation powder) to people with Parkinson’s
finance.yahoo.com stock
Biomerica’s Covid-19 Antigen Rapid Test Receives CE MarkBiomerica’s Fast 15-Minute Simple to Use Covid-19 Antigen Rapid Test Receives CE Mark
Biomerica receives first orders and plans to ship tests in coming weeks
Clinical studies demonstrated an overall performance of 94.7% positive agreement (sensitivity) and 99.7% negative agreement (specificity) as compared to lab-based molecular PCR tests
The Company has already received its first European orders and plans to ship the first part of these orders in the coming weeks. The Company will now begin marketing this product broadly in Europe and other regions outside of the US.
merica’s new COVID-19 Antigen Rapid Test is highly portable, affordable, and provides results in 15 minutes with no equipment required to perform or read the test.
finance.yahoo.com
Avangrid $AGR - investment idea 💡 This idea is based on my technical analysis only.
Do your research and trade on your own risk!
CCIV surge on news of plans to take Lucid Motors public via SPACChurchill Capital Corp IV extends 2-day surge to over 50% on news of plans to take Lucid Motors public via SPAC
Shares of Churchill Capital Corp. IV are up over 50% in a two-day streak to start the week.
News of the SPAC potentially taking EV company Lucid Motors public is driving the share price higher.
The fourth of seven 'blank-check' companies operated by Michael Klein, Churchill Capital Corp. IV's plan for Lucid Motors would keep the SPAC craze going in 2021.
the partner firm is Lucid Motors, a relatively well-established EV manufacturer based out of Newark, California, and which targets the luxury end of the car market. The deal could potentially value Lucid at $15 billion, according to Bloomberg.
markets.businessinsider.com
GameStop (GME) Falls At Heavy Resistance - Squeeze or Dump?Just posting this chart by request. I've been following GameStop for a while. Michael Burry bought a large position over the past year, yet price continued to head to new lows. Meanwhile, a trader I know made an observation of share price's reaction to major console releases. I was a bit skeptical of the bullish argument at first, but clearly it turned out to be correct in the medium term. I will explain why, a little further down.
This chart shows some important trend lines. I'm using the monthly chart because GME has a relatively long price history, and the 50 Month MA (red) seems rather important. The trendlines in this chart I actually drew many months ago. One of them served as resistance on the recent move.
If GME can head back up this week and sustain above that first teal trendline and the 50 month MA, there is the possibility of an enormous short squeeze. On the other hand, if price rolls back below the first red downtrend line, it can easily dump back to the lows.
This isn't an attempt to predict where price will go next, but just to outline the structure of this stock. In the broader picture, video games have actually gone up in demand over the last year. With much of life being relegated to the home, entertainment has become even more vital. Retro games are also selling at much higher prices than before the pandemic. Especially if fiscal policy continues to favor a weakening dollar, we can see some fairly ridiculous price action on equities for a little while until an inevitable bubble pop. For GME, if price breaks and holds the $13-14 resistance again, we can see $29-30 fairly quickly. If it breaks above all my downtrends, it can even reach a new all-time-high, as ridiculous as that sounds. This is not financial advice! This is for education, entertainment, and speculation only.
-Victor Cobra
This ACRX Penny Stock Could Surge Over 300%, Say AnalystsThis ACRX Penny Stock Could Surge Over 300%, Say Analysts
AcelRx is a pharmaceutical company dedicated to the creation of safer treatments for acute pain, developing synthetic opioid drugs for sublingual (under the tongue) dosing.
The company’s main product, Sufentanil, was approved by the FDA under the name Dsuvia in 2018, and by the EU as Dzuveo that same year. A second sublingual Sufentanil system, under the name Zalviso, has also been approved for use by the EU, and is in Phase 3 trial in the US.
In its most recent earning report, the company showed $1.4 million at the top line, driven by $1.3 million in product sales. The sales figure was up 433% sequentially, and the total revenue figure was up 133% year-over-year.
Cantor analyst Brandon Folkes is upbeat on Dsuvia’s prospects as an alternative to current opioid treatments, and he believes that potential will boost the company’s stock.
As ACRX launches a true alternative to IV opioids, we expect investors to begin to appreciate the value of the product.
In line with his bullish stance, Folkes rates ACRX a Buy, and his $9 price target implies room for a stunning 552% upside potential in the next 12 months.
finance.yahoo.com
Revisiting XLE and the recovery of the energy sectorUpdate from a previous post: XLE developing nicely as the price has managed the get out of the range and yesterday we opened with a gap and there almost no attempt to push the price down and to fill the small gap. MACD's crossing is widening and the histogram is expanding as well. RSI moving to the overbought zone, but there is some more room for additional movement North before any correction. The energy sector is starting to recover more and more and demand for the ETF is rising as well. Volumes support the recent movement. My short-term target is $47.
Update on Disney: price stalling at the topsIn my previous post, I've mentioned that Disney is dangerously high and that technicals are screaming for a correction. Some time has past and the price is still stalled around the highs. RSI has already dipped quite below the 70 line and MACD's crossover is spreading wider. The histogram is increasing as well. We have a small subdued bearish flag (the figure marked in red lines) that with Yesterday's close it has been breached, though not with a strong intention. Two key zones (the squares in blue) remain to be passed to speak about testing the trend and eventual reversal of that uptrend. The target of the figure is implying for a potential move towards the gap level and the trend support zone.
VOXX posted fantastic strong third-quarter resultsVOXX International Corporation Reports Its Fiscal 2021 Third Quarter Financial Results
The entertainment systems specialist posted fantastic third-quarter results.
The maker of consumer electronics and automotive entertainment systems saw third-quarter sales rise 83% year over year to $201 million. Earnings jumped from $0.10 to $0.74 per share . Your average Wall Street analyst would have settled for earnings near $0.02 per share on revenue in the vicinity of $113 million.
Consumer electronics sales rose 74% to $80 million , driven by high consumer interest in premium audio products. A new distribution deal with Onkyo and Pioneer also contributed to this segment's rapid rise.
In the automotive electronics division, Voxx saw sales jump 105% higher to land at $62 million . This increase was powered by the recent acquisitions of Vehicle Safety Holdings and Directed Electronics Canada, with an assist from rear-seat entertainment systems and aftermarket security products.
The fledgling biosecurity segment posted sales of $300,000 as car makers started to take delivery of iris authentication systems from EyeLock, a Voxx subsidiary.
Voxx CEO Pat Lavelle expects demand for the EyeLock iris-scanning security tools to rise exponentially.
The stock trades at multi-year highs today with the backing of healthy financial results. Growth investors should keep an eye on this exploding turnaround story.
www.fool.com
USWS and RRC Finalize Extension of Electric Frac Contract U.S. Well Services and Range Resources Corp. Finalize Extension of Electric Frac Contract
finalized an extension of its contract to provide electric hydraulic fracturing services-revolutionary Clean Fleet® electric hydraulic fracturing solution for Range Resources Corp. (NYSE: RRC) in the Appalachian Basin.
finance.yahoo.com stock
ESSEX PROPERTY TRUST BUYBack at tradingview after few years!
Currently looking at Essex Property Trust, which is a real estate firm. Good dividend stock, stable earnings per share, large payout ratio, more than 12 years of consecutive dividend increases.
Fundamentals are not looking too bad for 2021, with the potential rebound of the US economy. Has been putting up a lot of debt, not necessarily a bad thing for real estate companies. In the current low-interest environment, I rather see them putting up with more debt in order to purchase/expand to more buildings.
Technically, there is divergence on RSI, the upward gap is filled. To me seems like a reasonably good price to get in.
Pfizer long confirmedIn addition to the portfolio long on Pfizer will be added as the session starts. Double doji candles and MACD crossover and RSI is rising above 50 are enough as confirmation. I've been tracking PFE since the end of December and now an opportunity to buy stocks of the company has revealed. My target is $44 - $44.80.
Stock to watch: Veru Inc (NASDAQ: VERU)NASDAQ:VERU
An interesting stock to watch.
The asset is in a 1,5 month uptrend without major pullbacks + MACD Crossover indicator's Long signal is still in progress.
The buy zone is marked out, targets are 12.5, 15, 18, 23,88 and towards the all-time high.
Invalidation: closing below the gap.
Disclaimer: This article should not be considered as financial or investment advice. Trading digital assets involve risk and may resolve in the loss of your capital. Always be sure to understand the amount of risk involved and do your research before taking any trading/investment steps.
Stock to watch: Marathon Patent Group Inc (NASDAQ: MARA)NASDAQ:MARA
An interesting stock to watch.
The asset is currently in an uptrend + the MACD Crossover indicator Long signal is still in progress.
Marked out the buying zone.
Further targets are 40.12 , 87.04 , 153,12 and towards the all-time high .
Invalidation: closing below previous consolidation's low at around 9,62.
Disclaimer: This article should not be considered as financial or investment advice. Trading digital assets involve risk and may resolve in the loss of your capital. Always be sure to understand the amount of risk involved and do your research before taking any trading/investment steps.
Reduction in Heart Attacks, Strokes and Cardiac DeathSingle Dose of Rexlemestrocel-L Provides Substantial and Durable Reduction in Heart Attacks, Strokes and Cardiac Death in Patients With Chronic Heart Failure
results from the landmark DREAM-HF randomized controlled Phase 3 trial in 537 treated patients with chronic heart failure with reduced left ventricular ejection fraction (HFrEF) who received rexlemestrocel-L (REVASCOR®) or control sham.
A single dose of rexlemestrocel-L resulted in substantial and durable reductions in heart attacks, strokes, and cardiac deaths.
The incidence of heart attacks and strokes were reduced by 60% over a median follow-up period of 30 months following a single dose of rexlemestrocel-L in the population of 537 patients with New York Heart Association (NYHA) class II or III chronic heart failure (5% vs 13%, p=0.002).
The incidence of death from cardiovascular causes was reduced by 60% following a single dose of rexlemestrocel-L in the 206 patients with NYHA class II disease (8% vs 20%, p=0.037)
finance.yahoo.com
LM Funding Announces Filing of SPAC Registration StatementLM Funding Announces Filing of SPAC Registration Statement
LMFA today announced that LMF Acquisition Opportunities, Inc., a special purpose acquisition company and an indirect subsidiary of the Company ("LMF Acquisition"), filed a Registration Statement on Form S-1 (the "Registration Statement") with the Securities and Exchange Commission ("SEC") in connection with a proposed initial public offering of its units. LMF Acquisition intends to search for a target in the financial services industry, including potentially the financial technology (FinTech) sector, and related sectors.
The proposed public offering is expected to have a base offering size of $75 million, or up to $86.25 million if the underwriters' over-allotment option is exercised in full.
finance.yahoo.com
TTD: Buying opportunity with the trend"Trend is your friend" as they say and for me it's a personal guiding though implemented in my technical analysis.
TTD's correction has ended and currently we have a affirmative bounce from the internal fractal support line. RSI and MACD's histogram are signaling for a reversal, though MACD hasn't made it's crossing yet.
Thursday's close was with a pinbar and Friday we saw some goo buying action supported by above average daily volume of activity. In worst case scenario if bulls loose control we may see a further drop towards the $633 - $600 zone.
Update on Twitter: Scratch the bullish flagThe potential bullish flag is no longer on the table. On Friday the bears managed to slip the price further down with bulls buying the dip in the last moment. Currently the price has stalled on the support of the rising channel and a move bellow that line will confirm that the price may go lower towards the $45 price zone.
Why Qudian Stock Popped higher in 2021?Why Qudian Stock Popped higher in 2021?
On Dec 30, 2020 in Brussels, European Union negotiators finalized the terms of a historic investment agreement with China. Seven years in the making, the new Comprehensive Agreement on Investment is expected to grow international trade between the EU and China, facilitate cross-border investment, and "strongly stimulate" the economies of both nations, according to Chinese president Xi Jinping.
CNN highlighted the financial services sector, electric vehicles, and healthcare as three areas of the Chinese economy likely to benefit especially from the trade accord.
Don't expect to see immediate benefits for Qudian Stock, however. Just because negotiators have signed the deal doesn't mean that their respective legislatures will ratify it, and the Comprehensive Agreement can't go into effect before that happens.
According to FT, EU officials are targeting an effective date for the agreement no earlier than 2022.
www.fool.com
IPDN Announces Partnership with Phala NetworkProfessional Diversity Network, Inc. Announces Partnership with Phala Network to Develop Privacy-Protecting Blockchain Application
We are excited to partner with Phala Network to explore potential integration of substrate-based, confidential smart contract blockchain technology into our PDN network, which could potentially enhance our delivery rate and protect network users’ and clients’ privacy from data-mining
finance.yahoo.com
GSAT Announces Nokia Deployment Over Licensed Band 53 at SeattleGlobalstar Announces Nokia Deployment Over Licensed Band 53 at Port of Seattle
Globalstar today announced that business partner Nokia has entered into an agreement with Tideworks Technology, to deploy Globalstar’s Band 53 spectrum at the Port of Seattle, Terminal 5. This deployment marks the second collaboration between Globalstar and Nokia at a United States Port.
Band 53 offers partners secure and reliable connectivity in any environment. Utilizing the band allows customers to deploy considerably less access points than when relying on Wi-Fi leading to superior security, performance and long-term value."
Globalstar has worked to develop the Band 53 ecosystem with a group of priority partners like Nokia. Globalstar’s Band 53 is a prime mid-band spectrum resource that we offer to our partners for deployment with customers that otherwise would not have access to the benefits of licensed spectrum. The combination of Nokia’s global reach and Globalstar’s Band 53 terrestrial authorizations in multiple countries around the globe present an exciting opportunity for secure wireless solutions.
finance.yahoo.com
Bakkt Expected to Go Public via Reverse-Merger with VPCBakkt Expected to Go Public via Reverse-Merger with VPC Impact Acquisition Holdings
In a move which is expected to be announced in the coming days/weeks, digital asset service provider ‘Bakkt’ is said to be finalizing a merger with VPC Impact Acquisition Holdings (VPC). The move, first reported by Bloomberg, is believed to be in its final stages. If completed it would be what is known as a ‘reverse merger’.
For a company such as Bakkt, which has already raised hundreds of millions from existing investors, why is such a merger necessary? Simply put – it is often a cheaper and quicker way for a company to go public, as opposed to hosting its own IPO.
These benefits are the sole reason VPC Impact Acquisition Holdings hosted its own IPO months ago. The company was created with the purpose and intent to go public, and subsequently be acquired by a promising company, such as Bakkt. At the time of its IPO, the company stated,
Bloomberg notes in its report that insiders with knowledge on the matter believe that post-merger, the companies will see a valuation of roughly $2 billion USD.
Dating back to mid-2018, Bakkt, was one of the most anticipated platforms geared to enter blockchain industry. While the company has come a long way since – becoming a popular service provider for BTC futures – it has experienced various hiccups along the way. Not only have multiple of the platforms expected services been delayed, but it has lost multiple CEO’s since its founding.
Hopefully, between the increasing popularity of the digital asset industry itself, increasing volumes of its custodial and futures services, and upcoming loyalty spending program, these struggles are a thing of the past for Bakkt.
