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Chevron Corp (CVX - NYSE) - ABC wave pattern Chevron Corp (CVX - NYSE) has completed WXY in double zigzag pattern from bottom as indicated in chart. It dropped in impulse as wave A and correcting up in wave B, which might take 2-3 days to complete. Thereafter C wave will resume the fall in price action. CVX and XOM are about 22 - 22 % holding value of XLE etf, which drag it down as both has C wave down within 2-4 trading sessions. XOM & CVX have same pattern for C down sell after wave B over.
NYSE:CVX
by EWFcw
2
Can NIO Finally Confirm a Move Out Of Penny Stock Territory " What has been the biggest driver ? Sales momentum is a big focus for the public right now. In fact, Bank of America Securities analyst, Ming-Hsun Lee reiterated a Neutral rating but increased the price target to $3.90 from $3.80. The shining factor had to do with “strong sales momentum since August.” Can Nio continue this momentum in 2020 as Tesla rolls out more EV’s in China?" Good question. But finally, NIO is showing real signs of life. Let's just hope sales momentum continues. I think the first quarter is going to be interesting to see the January - March figures as Tesla goes live Quote SOURCE: Best Penny Stocks To Watch This Week? 1 Up Over 210% This Year
NYSE:NIO
by PennyStocks101
1
BIG Phase Data Out ACRS BUTBut keep in mind this is Phase 1 for ACRS . Still a long road ahead. I'm not taking anything away from the company at all. Congrats on the win and I hope the momo continues but I've seen so many of these go parabolic. Needless to say, could be something to watch over the next few days "This time around, Aclaris Therapeutics Inc. has caught attention after announcing positive phase trial results. In the company’s Phase 1 Single and Multiple Ascending Dose Trial of its ATI-450 showed favorable results from dosing and tolerability." SOUCE: 4 Penny Stocks To Buy Or Sell Ahead Of Employment Data?
NASDAQ:ACRS
by PennyStocks101
Had To Dig Deep For Technical Levels - PRTSPRTS has been on a great run. They just added Icahn Auto SVP to the team too. I think the move toward automotive lately is a good sign for companies like PRTS. But given that fact, the momentum has to slow sometime, doesn't it? It's been on a great run since April. I just hope the company doesn't get carried away with raising new money, etc. like so many other penny stocks have in the last few months. " Craig-Hallum also set a target price of $4 for the stock. Soon enough, there was a rally in the stock. However, this isn’t just an overnight penny stock to watch. Shares of U.S. Auto have been on the rise since mid-October. Around that time, the penny stock traded under $1.50 a share but has since jumped to highs of $2.78 this week...U.S. Auto has begun building its leadership team stronger. Most recently it appointed Icahn Automotive SVP David Morris as Chief Merchandising Officer. What will this mean for the future of U.S. Automotive moving forward?" <- I agree with this question. SOURCE: 5 Penny Stocks To Watch Before Next Week; 1 Up 720 % Since December
NASDAQ:PRTS
by PennyStocks101
Another Big Move For TRIL But Can It Finally Break Up & Out?TRIL did a great job of executing over the past few months in my opinion. It was enough to not only fill the previous gap but also get back to levels it was at prior to the big sell-off. My fear, however, isn't fundamental but more technical as there may be strong resistance at these levels with some "bag holders" seeing it as a potential opportunity to break even? IDK but just speculating here. Either way, it's great to see this is still on the move . "On Tuesday, the company announced positive interim data on TTI 621. Soon enough the trading volumes on the stock rose significantly. “The program continues to demonstrate clear single agent activity across a range of hematologic malignancies, as well as a strong tolerability profile. We believe that TTI-621, even at these low initial doses, is the only anti-CD47 agent that has shown meaningful single agent activity, including complete responses,” said Dr. Jan Skvarka, President and Chief Executive Officer of Trillium." SOURCE: 5 Penny Stocks To Watch Before Next Week; 1 Up 720 % Since December
T
by PennyStocks101
1
Is This Enough To Signal A Bull Trend For CHS?Retail's tough but at least CHS turned things around in the short term. I'd like to see that continue but it's a hard road with brick and mortar retail right now. Anyone know of a more in-depth outline of a digital strategy for Chico's et al? "This week, Chico’s reported its Q4 outlook. In the report, the company revealed several milestones. First, it raised its fiscal, Q4 outlook. Furthermore, Chico’s also restated that it’s focusing on continuous improvement in its business.The company expects Q4 net sales to be flat. This may not seem all that impressive. But considering it was declining previously, it’s a step in the right direction. The company also will present info and conduct discussions at an upcoming investor conference next week." Source: Are Penny Stocks Profitable? 4 Names To Know Now
C
by PennyStocks101