Holding shares at $0.50 will be looking at $0.60 then $0.80.... relatively low float (10M - 13M), short interest ~1%; big gap $2.45 - $3.81
Good company with positive chart indicators that had 41% short interest on 2/28.. big gap up at $19.75. Holding $16.35 and will sell if falls below $15 and take aanother look if and when it hits $18.35 (~12%)
Picked this up when it was oversold with 29% return at the moment, with a hold of the 50 day $2.77 and resistance break at $2.91 could see $3.50.... blue sky would be the gaps up in the +$6 range... hourly is way overbought at the moment so may exit and look for another entry. Hourly volume is also relatively high. Financials due on 2/8: A clinical-stage...
Not a real exciting segment but a B rated company with some divergence... will evaluate again around $21
Showing divergence and recent settlement indicates that the company may be open to being sold.... I entered at $4.00 and will be looking for / evaluating if I can see $4.70
Daily indicators appear bullish, weekly indicators have not exactly turned yet. Hoping for a quick 5% - 10%. Sorry that the chart is a bit messy, transitioning from Stockcharts.com so need to get used to new interface.
Watching for now but will look at Monday to determine possible position.
Have been following some of the Schwab A rated stocks that are oversold and decided to grab this today at $14.00. Hourly chart indicators look positive but need to break resistance at $14.25. Hope to break resistance at $14.85 then $16.30. Daily chart showing small RSI divergence. IMO the downside here is relatively low.