NLS TradeBought @ 5.39
SL (soft) 5.06
Long term Target 11.2. Possible lower target 10. Will be watching volume and for bearish signals there.
Weekly and Daily look primed for a bottom/bounce. Keep an eye on bearish divergences after bounce because monthly still looks bearish and a high value buying area exists below 3.5
Higher risk trade. So lower position size for now with wider stop.
Weekly bull divs on RSI, MACD, FI
Daily bull divs RSi, MACD, FI, OBV + gap unfilled 8-11.6
Toploser
SPAR GROUP INC- Top GainerSPAR has been on a 'sprint' lately giving itself a lot of upwards momentum in such a short period of time, meanwhile not having a strong balance from the previous chart patterns. What I am trying to say is that the position that SPAR is holding on to right now is a very weak position, much like Aquabounty which I also wrote about. SPAR may not fall down as drastically as Aquabounty but it will surely win itself a spot in the top losers sometime soon, but the action will not stop there. There will DEFINETELY be another run in this same quarter ((or maybe at the worst in the very beginning of next quarter)) where SPAR will go on another run where right after it will become the top loser.
