TGC has had some consolidation after most recent large run up. Natural support above 1.00 is trying to hold. There is bullish divergence on the MACD histogram. The MACD cross is about to take place as long as this trades above 0. Looking for a possible entry near 1.00 with tight SL under 1.00 or looking for entry at break of 1.15. This has the potential to run...
GNMX has finally broken the long down trend. Today's trading day created a bullish engulfing candle. The MACD is about to cross above 0 giving a strong buy signal. I would look at buying on the break of 1.30 (has been tested twice and failed already). The break of 1.30 should offer a clear run to 1.50 resistance. This will be a tough area to break, so I would look...
We need to be careful with ATRS due to this exponential rise. This has formed a bubble and if that bubble pops it will get ugly as this settles back to trend support. But, this has plenty of space to run to get back to the high before the huge drop months ago. This has been extremely bullish for weeks now. I'd personally like to see a little more consolidation...
TEUM has been forming an ascending triangle over a longer time period. It isn't pretty, but is forming higher lows. I started a position at 2.55, but am understanding this could come down to 2.45 still. I would look averaging down around 2.45 if support is forming strong. 2.40 is my mental stop loss. MACD is about to cross back to bullish. This needs to break 2.65...
Looking for this to run back towards the top of this sideways channel. Getting a good bounce off of 190 support. Looks like it just broke the short term down trend. MACD is looking for a bullish cross over with one more leg ups above 196. 196 will be tough short term resistance. There is bullish divergence formed on the MACD. The 9 EMA is about to cross over the...
HEAR has seen an amazing year thanks to huge rise of battle royal gaming. Their last ER was amazing with great guidance surpassing most expectations. Had a big run and then has dipped due to consolidation. Entered at the break of 28, but looks like we still need to break 28.50 for the confirmation of trend reversal. The MACD is about to cross back to bullish...
$AGN has been moving well through an uptrend for the past month or so. This is the first time in the last three jumps that the consolidation has been sideways movement versus the consolidation period after the other jumps were more downward movements. This is showing stronger strength in supporting this uptrend. This moving closer to the lower 25% of the Anderson...
LEDS is an extremely low float (0.85 mil) pump and dump stock. This has been trading under low volume and holding a somewhat steady trend. The uptrend and downtrend are converging forming a wedge. For a short term trade, the break of 4.00 should be an easy run to 4.25 range (if it happens with the next few days). 4.35 is where the current down trend resistance....
I entered a short position at 28.75 where it is having a double top. There is a large bubble formed due to the steep up trend developed today. I think the down trend resistance here at 28.75-29.00 alongside 30 resistance should bring in some profit takers giving a little AM dip tomorrow. This is also confirmed by bearish divergence formed on the MACD histogram and...
This has been and will continue to be one of the strongest chip companies. Mixed emotions after last earnings caused the sudden drop. This will surely push away some investors alongside constant trade war drama with talks of "tech bubble" (manifesting after huge AAPL drop). Regardless, the charts show support at 240 and resistance at 250. If 240 cracks, I expect...
$IQ has been on quite the downfall. I think there is a little more to come. If $25 cracks this will likely fall back to $22.50 before consolidating there. I'm looking for a short entry around $27.00-$28.00 then a run back to $25. If $25 cracks I will look for this to keep falling until $23. If strong volume and bullish indicators develop when around $28.00 then I...
SKX had a large fall after their last earnings. It has been climbing ever since with the only dips being during periods of consolidation. After a great trading day on 8/17/18, this will be looking to break above the 30.00 range. The downtrend resistance is right around this level at about 30.25 while there is some horizontal resistance sitting right around 30.00....