AMEX:UUUU Pros: Price is above daily green ma. RSI just closed above oversold and stoch rsi is also looking good. Waiting to hear on news of how much funding it will get. Mind the gap down above so that's promising also. Cons: Price under .236 fib and fighting weekly thick purple trend line. Some chart info for those interested: Moving averages are...
NASDAQ:TLRY Wow what a chart. Down over 95%. Will the bleeding finally stop? Drop to 1.618 support with inverted hammer signals a reversal. Previous drops after pops have acted similarly as show on the chart with fibs charted out. It is down out of that huge descending trend area, lost that long time support which could act as major resistance. Very interesting...
NYSE:PMT Here is a quick technical analysis of $PMT. Chart shows we are at a critical point in time. Price is coiling closer. There will be breakout soon. Most likely down. Bearish divergences on higher time frames makes me believe this. It also looks like its about to complete a huge bearish flag. The blue boxes below price area is where price will most...
NYSE:HTZ Lot's of bullish signs/patterns played out and are playing out. If the bottom is in, then we would have formed a double bottom = bullish. Today's price action resemble a SFP (swing failure pattern) = bullish. Many bullish divergences on multiple time frames (1hr, 4hr, 1day, weekly) = bullish. Inverse head and shoulders pattern looks to be completing...
Just doing a quick look at $IVR, Looks like a huge bear flag with bearish divergence in play, on both daily and 4 hour time frame. I would only buy if it closes above red resistance line on price triangle, or blue .50 fib line.
NASDAQ:SCYX Big picture: it is currently in uptrend channel. Higher highs and lower lows, tightening pattern. Smaller picture, its underneath EMAs, so that's a bit concerning. But volume looks to be increasing more steadily. A bit of fundamental analysis, the results from one late stage study should be out this month with positive results so that will be a...
OTC:SWRM Here's an interesting penny stock I've been following for awhile. Very promising technology if they actually come out with some updates on numbers. As for the chart, very promising weekly bullish divergences on RSI as well as many daily divs on RSI. Volume going up past few weeks and price should follow. Some chart info: Moving averages are...
NASDAQ:CY Wow what a dop. Had to zoom out to monthly time frame to help show the indicators better. A bit from the fundamental aspect: CY is a great company, but if Infineon deal does fall through, then expect more downside, probably to blue 200ema on the monthly or even lower. And if it loses that long time green diagonal support, its going to get even uglier....
NASDAQ:MTBC After price broke out into price discovery area, it has retraced nicely back to 1 on the larger time frame fib. Also retraced to .38 of more recent fib. Also sitting above 100EMA. All very good supports. Bullish divergence on RSI also a big thing to consider. Price should continue back up. Some chart info: Moving averages are exponential....
OTC:HMMR Bullish div on RSI. Bullish dragonfly doji candle with large volume yesterday. However, price still way below EMAs. Entry now could play out nicely however to play it super safe, enter when price closes above descending purple line. Some chart info: Moving averages are exponential. Indicator is by LazyBear called 8x MA with configurable...
Weekly and daily bullish divergences. Bounced off last fib support from all time low to all time high. Looks promising. I would not keep if it loses that .786 fib support. Or to play it conservative, wait for daily price to cross and close above descending pink trend line to buy in. Or even more conservative, the blue 50ma line.