There is a strong support area around $9.5 - $10.5 Could be a good opportunity if it keeps respecting the limits. Technical data RSI @42 (waiting for this indicator to go higher) OBV reaching for higher highs Bollinger bandwith relatively high. Not buying yet, but it's worth it to keep on your watchlist.
Company in bad finance for a couple of years. Seems to be soon at it's last legs. Common pattern: Company stock drops to downtrend channel and bounces in average 26% up from there to commence yet another new drop to the abyss (average drops +-28-33%). It's a risky stock, but if charts are true, when oversold hits and price touches downtrend channel there is a...
A month ago I published an idea on Seeking Alpha on a deep value stock in Hong Kong with changes afoot.. G-Resources ( 1051 HK ) G-Resources seems to be an extremely cheap stock trading at 1/6 of liquidation value. Prior management sold most of their stake in a block sale in May and resigned from board and executive officer positions. Market responded...
The Technicals - A clear divergence of the OBV and Price Action , which preludes growing buyer volume and long position sentiment. Earlier last week, $LMFA hit all time-lows with its bottom at 5 cents above the half dollar. Although we have a considerable amount of selling to break past, I would anticipate the larger corrective retest to occur at the...
10 years down... Nuclear energy now is not fashionable. The nuclear industry is now not popular. Everyone forgot about it... A good opportunity to buy cheap $11, cheap leader. With the goal $66 and earn 600%, probably will $8, good chance 825% $14 key level. Secured OVER $14 then $66 in your pocket:) The idea is not canceled! No stops! It is not trade, it...
The commodity cycle turned. The company's shares turned to a long position. The company's performance improves, production increases, profit increases. However, the company still cheap! Enterprise Value/EBITDA 3.25 ! Price/Earnings 5.7 !! Debt/EBITDA 0.2 !!! Show me a company with these figures!? How is that even possible? This is possible only in the...
The strong fundamentals aside, Apple is showing signs of upside stability and momentum. IMO after a failing bear run last week this week we are set up for a week of gains, given that friday - the naturally bearish day for stocks, apple managed to close higher, going against the trend of the previous two days of high volume and losses, and instead, carving itself...