Having recently announced and upsized bought deal private placement of C$22.00M, the shares of RIO2 LIMITED - TSXV:RIO OTC:RIOFF continue to act well and appear to be carving-out a potential rounding bottom as we can observe from the Daily chart above. While RIO trades comfortably above both its 20 and 50 DMA's, it presently finds itself in battle at its 200...
$BLNK has popped up on our radar screen. The stock is now trading above its 20, 50 and 200 day moving averages. At $3.04 a share, it looks to be a buy with a stop below the 200 day moving average of $2.58 on a closing basis. The company has been putting out press releases, which is always a good thing. The fundamentals also look quite attractive. Market cap:...
After breaking-out in June and then subsequently digesting that move for several weeks within a Flag pattern, shares of SPROTT INC - TSX:SII OTC:SPOXF are once again in Flag mode having broken to higher ground a week ago and digesting the recent thrust into northern territory as evidenced in the Daily chart above. In addition, SII currently trades above all...
We have been watching $CDXC for quite awhile and the stock is on verge of a breakout. A move above $5 would be new 52-week highs and get the momentum players into the stock. We are going in at $5.01 and not much of a stop will be needed. For those that use a money stop, 5% to 10% risk is sufficient. About ChromaDex: ChromaDex Corp. is a science-based integrated...
After breaking to higher ground in May on enormous volume, shares of ZYNGA INC - NASDAQ:ZNGA have found themselves building a high-level base, while working on its right-side with the stock now knocking on the door of a potential break-out to loftier levels as we can observe in the Daily chart above. While a bit more work is required, we can see that ZNGA ...
Last week, SELECT MEDICAL HOLDINGS CORP - NYSE:SEM recaptured its 200 DMA and now finds itself attempting to build on the recent grind into higher ground. In addition, when we examine the action of the Daily chart above, we can also observe that SEM appears to be coming out of a potential rounding bottom. Furthermore, the stock now finds itself trading above...
Back on June 18th, we Profiled QUDIAN INC - NYSE:QD with the stock trading at the $7.50 level at that time and noted that it appeared that Buyers were perhaps becoming more aggressive with their purchases as the stock was grinding higher and registering higher lows and higher highs, which remains the case today as evidenced in the Daily chart above. While QD ...
$KBLB has been a top penny stock for Insider Financial subscribers this year. However, the recent selloff has brought along some significant technical damage. On the bright side, the 0.786 Fibonacci level held. The stock has now bounced off that level, but there is a great deal of resistance overhead. $KBLB is now trading below its 20 and 50 day moving averages....
$CELH is on the verge of a breakout this morning. A buy stop at $5.01 will really get this stock moving and the shorts scrambling to cover. About $CELH Celsius Holdings, Inc., founded in April 2004, is a global company with a proprietary, clinically proven formula for its brand CELSIUS®. Celsius Holdings, Inc. has a corporate mission to become the global leader...
After topping-out last month, many Alt-coins have have been under severe selling pressure these past 4-5 weeks, where both $LTC as well as $ETH now find themselves nearly back testing their 200 DMA's, while numerous other Alts have already breach their 200 DMA's. While the Alts have slid the slippery slope, BTC had been holding-up fairly well, yet now finds...
After gapping higher in late April on meaningful volume, the shares of FORD MOTOR CO - NYSE:F have been consolidating and in the process, building-out its right side as is evidenced in the Daily chart above. In addition, we can also observe that F presently trades above all of its important moving averages 20/50/200 DMA's, which portrays a healthy technical...
Back on June 13th we chimed in on $BTCUSD $BTC.X for the first time in a while and in summary stated, "Therefore, both investors/traders may want to keep and open mind and allow 'Price' to dictate with respect to direction moving forward and from our perch, we're of the belief that BTC deserves the benefit of doubt and remains innocent until and or unless...
$UAN is setting up for a major breakout. We recommend going long on a break above $4.35 Headquartered in Sugar Land, Texas, CVR Partners, LP is a Delaware limited partnership focused on the production, marketing and distribution of nitrogen fertilizer products. It primarily produces urea ammonium nitrate (UAN) and ammonia, which are predominantly used by farmers...
After going topside nearly two weeks ago on solid volume, shares of SUNRUN INC - NASDAQ:RUN find themselves consolidating the recent thrust on lower volume and in a fine manner as we can observe from the Daily chart above. In addition, the stock presently finds itself perched above all of its important moving averages 20/50/200 DMA's and in fine technical...
After recapturing its 200 DMA a week ago on meaningful volume, the shares of MARKER THERAPEUTICS INC - NASDAQ;MRKR have found themselves consolidating the recent move in a constructive and orderly manner as is evidenced in the Daily chart above. With the stock now trading above all of its important moving averages 20/50/200 DMA's, the technical posture is...
Earlier this month, shares of AMERICAS SILVER CORPORATION - NYSE:USAS recaptured its 200 DMA and has subsequently put in a nice rush into higher ground on the heels of the recent move in Gold to multi-year highs as we can observe in the Daily chart above. In addition, USAS now finds itself trading above all of its important moving averages 20/50/200 DMA's,...
$NOVN is in a bull flag and on the verge of a breakout. The way to trade is to go long $NOVN above $3. A move above $3 will test the 52-week highs of $3.24. A move above $3.24 and we will look to close the gap to $4.19. Risk is minimal as a move above $3 should work out right away. If $NOVN closes the gap, upside is 40%. Not a bad risk/reward play is it? As...
Over the course of the past several weeks, market participants were witness to a major multi-year break-out in Gold, the physical metal, and as a result, numerous precious metal mining stocks have found the wind at their backs and have followed-through with exceptional upside action with LIBERTY GOLD CORP - TSX:LGD OTC:LGDTF one such example as evidenced in the...