$GNOG Golden Nugget Online Gaming and $RSI Ruth Street Interactive have traded roughly in the same range year to date up until $DKNG DraftKings announced its acquisition of GNOG on August 9th. There is currently about a 20% difference between the two stocks. Rumors have circulated of a possible acquisition of RSI by Flutter Entertainment $PDYPF. Rumors aside...
$MGI breaking out of a slight downward channel. Note: volume on the breakup candle isn't significant at the moment 9/17 12:00. MoneyGram is in the Remittance business. Crypto projects have made it their goals to minimize the fee charge for money transfers worldwide done on mobile phones nearly instantly. They had a partnership with crypto XRP but fell through on...
$MNTK Montauk Renewables has seen some major upside recently. Yes we are late to the party but the lack of volume is off-putting. Today 9/15 there was a spike in volume on the final 30minutes. It was selling pressure after reaching a intraday high of 12.21 The daily chart shows clear defined levels we can play if the trend continues. We are watching a break...
Beyond Air has continued a strong uptrend since June. Recently its bin tapering and has shown a symmetrical triangle formation. A Brake out to the upside is likely to continue the uptrend. Watch for a move past the top of the triangle at 11.88 level for conformation and more possible upside. No resistance till 12.50 a high not seen since March 4, 2020
$ANY finding strength. News was out today 1. Seeking Alpha article with a $45 price target 2. The first batch of its 7,200 BTC miners are now live. An alert is set for 7.67 We want to see a retest and a strong solid candle close above this level for a possible brake out play.
Possible important levels to watch ahead of the Apple event today at 1pm est. History says the news will be sold and we test the lowest resistance or worse we test the gap fill at 1.45, but a surprise integration could give GSAT the push it needs to minimum get to that top trend/resistance line or more.
Price has tested that Downtrend resistance multiple times and is starting to test it again right before earnings tomorrow. A solid closing candle above the trendline may indicate the start of a new trend to the upside.