Wis_
The M-15 chart shows a bounce on Friday AH session from within a strong area of support with multiple conjunctions including a rejection candle with a lower wick and closing above the 200 EMA/SMA lines. This area is also represents a historic support that was retested with the rejection candle, thus indicating a false breakdown and a true reversal to the upside....
Using Ichimoku system on the Daily time frame indicates a possibility of a future bullish move is anticipated. The vertical red and green lines represent the limits of the current range; a stop Loss can be suggested accordingly - to be set at or below the red line, while a price target can be suggested by the anchored VWAP and a simple strategy of reversion to the...
another oversold penny stock but this one seems to be pending bankruptcy filings. Ichimoku system shows possibility of reversal. It could close the gap to 0.5 or go a bit further.
just an oversold penny stock near the ATL. Could see a move to the base VWAP line (reversion to the mean). Wanting to break out of a big falling wedge formation. R/R seems reasonable.