Lots of changing of hands in the 30c range recently. Plenty of volume and no drop off in price, should see the next move up soon.
4DS is looking ready to break out of a flag formation, any news will see it go strong given this kind of tech is looked upon favorably. Watching closely for a push past 7.3c
Given the market conditions today (alot of red), z1p is holding well on the back of news. The news opens many doors for z1p in the future and allows them to be more competitive. Fundamentals aside, Technicals are showing a good bounce off the 200EMA and a follow through candle with a close above 7.45 would be great to see for intraday trades. Medium to long term,...
Z1P has bounced off the 200EMA and has had a controlled consolidation over the last 3 days. The MACD has crossed on the hourly, but i want to see the 20 and 43EMA's cross to confirm a reversal. Ive taken a position with a stop loss at 6.95. I have also taken a position due to it coming to christmas and fundamentals say that people will start spending more.
AR9 had a break of the flag and a retrace to test new support of 42c. This week should see AR9 go to 50c + and short term could easily see 60c to compete with TNT. Keep an eye on both market caps as these 2 stocks are the ones to watch in the sector. AR9 for the defence contracts, (biggest spend from the government initiative), and TNT buying out small...
AR9, one of the most talked about tech stocks is coming to the end of the pennant formation. It faced resistance at 42.5c, but if it bounces off 41.5 and breaks through resistance, we can see a 15% minimum leg up today. Stop loss at 39.5c.
Pure Minerals is being controlled by sellers, once that 43EMA catches up to red resistance we will see where the SP wants to go, currently not holding but looking for an entry..
Ideal flag set up, decreasing volume while forming the flag. Should see PM1 run upwards of 6c with a break to 4.8c. Lets see how the afternoon plays out.
GED is at a long term support on the daily. If there is a bounce to 1.7c, we will see a cross of the MACD, and in turn should see a bull move to recent highs. From there, a cross of the 43EMA and 200EMA will see a strong push for GED to hit 4c + by end of the year.
The big red spike on the 10th of September i havent included due to its size and no follow through.. means the market didnt consider the 4mill defense contract worth a continuation on trend. With that being said, cyber security is a hot sector and i dont see much risk with AR9, with a stop loss on the red trend line (currently 39.5c). Alot of *fintwits* are...
CIpherpoint is at a long term support line where it needs to bounce off the trend line to 5c to confirm a reversal, if not, will need some good news to start a new trend. If i were to buy into CPT, id set a stop loss at 4.2c. Minimal risk, high reward if the support is respected.
With this cross, and the price of gold going up, BLZ has now shifted to bull control, needs to push past 4.2c to confirm. Given the gold price however, i feel like this risk-reward play is fairly low risk (3.1c stop loss) to high reward, (8c target short term).
Long term Pennant formed from NOV has been pushed through to the upside, all it needs is some volume and we will see movement to 40c by the end of year.
This will show that FZO is back in bull territory and see a move back up to 56c. The next major resistance is 50.5 (200EMA) this is where i will look to purchase to confirm a move. Stop loss is at 10% on this stock.
Doesnt matter how you look at it, it recently bounced on long term resistance. Could see a move in the next couple of days. Currently dont hold but will look to buy if it breaks to the upside. Buying price at 11 with a stop loss of 10.50. If it drops lower, purchase price 10.50 with a stop loss at 10. Lets see how the next 2 days play out
8Common is currently forming a cup pattern, if it plays out, should see 16c achieved by end of the week. After that should have a pull back to 15c, in which we will either see a bull move to 20c previously seen last year. Or, a bear take over which will see the SP brought back to 12c.
PAB is looking strong with a patent being granted for its PAT-DX1 and PAT-DX3 use on cancer. If it is able to close above 1.8c today, watch for quick movement to 2.2c
IPO stock spent the day finding its base, looks to be have support at 6c. Graph is showing a move up to a new high of 7.2c, but ill be happy with a move to 6.8c. Strong volume and good future ahead of it.