lonnobee

lonnobee

Solid reversal chart on weekly. Today, 02/21, it's been bouncing off VWAP and looking very bullish on strong PR.

lonnobee

TA = Room to run to 1.86 if volume continues into tomorrow. Coming off solid news. RSI not too spicy yet...should have more left in it over the next 1 to 2 days with volume. Looking at 200 MA at 1.72 as potential target...

lonnobee

A few reasons I like SKYS for tomorrow and as a 1 day swing trade (I like to sell before earnings): 1. High earnings expectations - earnings Tuesday post market AND the price has shot up the day before the past 4 ER's. 2. This is the 3rd time in 7 days that it has hit what is now the $2.38 resistance. 3. Just Broke out of long descending wedge on daily chart...

lonnobee

From the looks of the chart there will be continued strong buying shooting this thing up from oversold situation, likely not selling down until spikes high enough above 8d EMA in my opinion. Up over 12% today isn't high enough for shorts to see much yet. Seems to be a safe play for a day trade tomorrow and potentially a long hold into next week. Do your due...

lonnobee Updated 

It appears that IPCI is starting a nice reversal bounce off strong trendline. The small channel I have created in purple is based on previous price action. There is talk in news of potential partnership....of course, if that happens there will likely be a strong volume/price move potentially through resistance. It goes without saying, but there are no...