CPAH Shooting up!Wow, right at the start of this year CPAH went through the roof, and it looks like it's building up towards that again! This is some really great news for those Bullish traders out there, it could be really beneficial to keep watch on this stock. Here's hoping for the best!
WATT
WATT don’t let me downMMHVW - I like this company- it has a strong future - but fm how long will it take?
"The fourth quarter financial performance was under our expectations due to the delay in engineering services revenue and chip orders from two top tier consumer electronic companies, as a result of changes to their own internal schedules," CEO Stephen Rizzone said in a statement. "While such a scenario is not uncommon when introducing a completely new, game changing technology to some of the largest consumer electronic companies in the world, we continue to drive toward commercialization of WattUp."
Now what
Energous also noted that its first customer product received FCC certification in December, and just yesterday obtained its first customer EU approval. This week, Energous also announced a partnership with vivo Global to explore integrating its WattUp technology into smartphone designs to enable wireless charging.
The company also said it priced a $25 million direct offering, issuing 3.33 million shares at a price of $7.50 to certain institutional investors. Each share being sold to investors will come with a warrant to purchase another half share at an exercise price of $10 per share. The net proceeds to Energous from the offering are expected to be roughly $23.3 million.
Energous wireless power using nanocrystalsWATT has Intellectual Property for high growth, sales and issue is cash flow and time to profitability, as well competitive players which a couple exist.
Watch for weekly candles, MACD cross (blue over orange), and CCI crossing 0. Volume would also be a good signal on this one for cash flow.
NAK showing a Bullish divergence All of this is speculative, do your own reasoning. Opinionated analysis.
Okay lets break this down.
GLD in general looks to be making a trend to the up. Obviously NAK would relate to that movement. (or could)
Now on the 4hr Chart I have plotted 2 dotted lines one on the Line graph and one on the RSI.
* a bearish price
* with bullish pressure
the Volume Flow Indicator has also seem to show a nice reversal cup in about a 1 year span.
A Long trade would seem in effect, target unidentified.
Happy trading!
WATT - Upward channel breakdown short from $13.83 to $10.83WATT is in our watch list since it has broken its Channel formation. It has good insider selling. We think it will continue its decline. To trade this we would consider August $12.50 puts
* Trade Criteria *
Date First Found- April 4, 2018
Pattern/Why- Upward channel breakdown short
Entry Criteria- $13.83
Exit Criteria- $10.83
Stop Loss Criteria- $16.37
Indicator Notes- Would consider August $12.50 puts.
Special Note- Good insider selling. Would consider August $12.50 puts.
Please check back for Trade updates. (Note: Trade update is little delayed here.)
WATT tests 16.14 resis. as support, having blown thru 16 on newsWATT is sitting right above 16.14 resis. level now, having blown thru 16 & 17 levels from 15.5s (gapping up) on news of DLG $15 million additional investment. It tested high 15s today (but still hasn't filled the gap to 15.5) and looks like it's trying to establish 16.14 resistance level as support now. Based on previous action and a heavy short position, I'd guess we'll def test the 15s again before establishing 16 as support, but long awaited news expected any day now (til Aug. 8 ER or Nov 2017 at the latest - unless AAPL further delays release of their new iphone/products beyond that) could send this stock back to 20+ (or down to 12) fast so TA can only help so much. In the meantime, a close below 16 resistance suggests we'll test at least 15.5 (maybe even uptrend line intersection at 15.30s) before moving up. A close above 16.14 suggests (barring any unfavorable news/market panic) 16 will hold as new support. Sell puts to reduce cost/risk. Beginner TA, thoughts welcome:)
WATT blows thru 16 & 17 resistance on $15 million investment! WATT blew thru 16 & 17 level resistance and now sits on top of 17 level this morning due to an announcement that Dialog Semiconductor has invested an additional $15 million in Energous/WATT (on top of prior $10 million investment) - another nail in the short thesis coffin (who argued they would screw shareholders and dilute by mid May of this year...). CEO Steve Rizzone had responded to a question about dilution in his last CC & promised they would do what was best for shareholders & employees, hinting he had partners to turn to before diluting shares. Thanks again to Rizzone for keeping that word. The question remains, Is WATT's Wattup wireless charging technology going to be in Apple's new product line this Fall? Signs increasingly point to yes, but I'm holding strong regardless. Still, there's a big short position here so I recommend selling puts to enter (or simply to pocket free cash) since they will likely try to bring the price back down by any means before FCC approval is announced & the Great Squeeze begins lol.
As for the TA, off of which resistance will we get that bounce back and what will be the new support level after this $15 million investment news? I'm guessing we'll hold over 17 during the day and maybe close just below that or basically within the upper longer trend line (which we've tested today)...beginner TA charting, thoughts welcome!
WATT: Support ChannelMy overall outlook for WATT is long and this scenario gives a good reason for entry. Stocks don't move based on technical as much as it does with fundamentals. But you can definitely use technical setups to find a good entry. Will be looking to buy WATT at 12.40. Short term target is 14. Long term target is 19.
Trade with care.
Speculative WATT entry before CES 2017We are watching for a good entry point on Energous with the expectation that price will jump to the green range by JAN 5, when WATT will demo wireless power rx/tx in consumer products. Successful product shipment is already being priced in as the chart follows the green range into DEC. We will look to add to our position if price falls into lower blue range in DEC.