We first recommended $ACST to our subscribers when it was trading at $1.01 a share. Many missed the exit and are still asking what levels to trade $ACST off of. The fibonacci retracement levels provide a good indicator to go off. Good luck to all!
Things keep looking more and more bearish for $BTCUSD. If $9k breaks, next level of support is the 200 day MA of $7461. As always use protective stops and trade with caution. Good luck to all!
After breaking to higher ground a week ago on enormous volume, shares of DURECT CORP - NASDAQ:DRRX finds themselves consolidating the recent thrust in a Flag pattern on lower volume as we can observe from the Daily chart above. In addition, DRRX is now trading above all of its important moving averages 20/50/200 DMA's, which from a technical perspective, is...
$OSN has popped up on our radar. The stock is trading above its 20, 50 and 200 day moving averages, which are $2.11, $2.03 and $1.87 respectively. $OSN has traded around the $2 level for most of 2019 and is now starting to perk its head up. Its 52 week high is $3.05 and we expect that level to be taken out in the near future. $OSN is a China rare earth's play...
Michael Burry, whose prescient bet against subprime mortgages before the financial crisis was depicted in the book and movie The Big Short, is making another contrarian call: going long shares of GameStop. We believe the low of $3.15 will hold and can go long off a stop just below. As always, trade with caution and use protective stops. Good luck to all!
$WTRH is seeing significant insider buying off the lows. Waitr Holdings (NASDAQ:WTRH) has moved up 12.3% after hours after a pair of insider buys anchored by billionaire Tilman Fertitta. Fertitta (a director) disclosed purchases aggregating to 1M shares: 275,000 at average price of $1.437, 450,000 at $1.429 and 275,000 more at $1.41. That makes up his beneficial...
$APPS is up 56% since our original article. Trade is working out like we said it would. Thus, both investors/traders may want to continue to monitor the action closely moving forward and particularly, should APPS clear the $5 level at any time in the days/weeks ahead, such development would likely trigger/ignite its next meaningful advance with an initial $6.50...
$BTCUSD continues its pattern lower highs. From $14k down to $11k. $9k support must hold. Only $1100 away at the time of this writing. We believe $BTCUSD has topped and lower prices are ahead. Good luck to all!
Red Rock Resorts owns a majority indirect equity interest in and manages Station Casinos LLC ("Station Casinos"). Station Casinos is the leading provider of gaming and entertainment to the residents of Las Vegas, Nevada. Station Casinos' properties, which are located throughout the Las Vegas valley, are regional entertainment destinations and include various...
We are really liking the chart on $AMPE. You have the rounding bottom and there looks to be accumulation going on. Currently trading at $.62 a share, the 52-week low is $.35 a share. We believe $AMPE has breakout written all over it and there is an upcoming catalyst that can send the stock flying higher. The company is due to hear from the FDA shortly. Here's...
$VIVE has come across our screen after the company received 510k approval of its Viveve System 2.0, which is its second generation product. This is a big development and explains why the stock is up 24% today. We believe there's a lot more room for $VIVE to run as there are gaps above that need to be filled. There's $1.50 to $1.84 and then $2.50 to...
The momentum looks to be stalling on $BYND. We break $160 and we think the stock can wash out pretty quick.
About Achillion Pharmaceuticals Achillion Pharmaceuticals, Inc. (ACHN) is a clinical-stage biopharmaceutical company focused on advancing its oral small molecule complement inhibitors into late-stage development and commercialization. Research has shown that an overactive complement system plays a critical role in multiple disease conditions including the...
TECHNICAL After spending the better part of the past seven months carving-out a potential rounding bottom, Veritone Inc. NASDAQ:VERI , released in mid-May on meaningful volume and in the process, recaptured its 200 DMA and now finds itself perched comfortably above all of its important moving averages (20/50/200), depicting a technically healthy posture. In...
After breaking-out in early Spring (March), TerraForm Power Inc. NASDAQ: TERP has found itself digesting/consolidating in a Flag pattern as we can observe from the Daily chart above. While the action has been fairly benign with-out much fanfare, TERP continues to display solid technical characteristics and remains in decent shape despite trading slightly...
After breaking into higher ground last week on solid volume, shares of TELECOM ARGENTINA SA - NYSE:TEO appear to be turning the tide and in the process, has recaptured its 200 DMA and now finds itself in position to perhaps start its ascent into northern territory evidenced in the Daily chart above. With the move above its 200 DMA, we can observe that TEO now...
After recapturing its 200 DMA in early Spring (March), the shares of SELECT ENERGY SERVICES INC - NYSE:WTTR have been trading in a narrow range working on its right-side as we can observe in the Daily chart above. While the stock has made no real progress recently and continues to trade range-bound, WTTR nevertheless remains in decent technical shape trading...
$VNRX has popped on our radar. $VNRX is trading above its 20, 50, and 200 day moving averages. A breakout to new highs above $3.63 sets $VNRX up for a nice move. Yesterday, the company put out some news. AUSTIN, Texas, July 18, 2019 /PRNewswire/ -- VolitionRx Limited (NYSE AMERICAN: VNRX) ("Volition") has executed a contract under the previously announced...