Had breakout on Friday. Noticeable volume on the shortened trading day. Don't mind buying around the Friday highs, prefer a small pullback maybe into the $11 area. Stops 2-3% below Friday's low.
Market environment is still making me want to realize quick gains, raise stops quickly.
Small cap ($500m), growth may be decelerating but still low valuation (6.8 f.p/e)
HDSN is showing a classic bull formation for upside.
We have a Double Bottom accompanies by 7>21>200 Moving Averages.
Right now we are seeing a retest to the 21MA which hopefully it gets its catalyst for further upside.
I don't like how the breakout was treated, but the system is the system and the long is activated.
Strong Fundamental
the company's still-low valuation multiples;
longer-term EPS growth because of HFCs account for the majority of F-gas emissions
California Bans Climate-Warming HFCs in New Air-Conditioning and Refrigeration and it's posibile to be extended to other state
Very Good Rankings compared to peers ( DXP , KRT, ALTG ). Number 2 in Industry...
Symbol: RIVN NASDAQ:RIVN
Short selling reason
time: 1.30pm
The turnover rate is 7%, the volume ratio is more than 1, and the decline is more than 7%. TTM PE loses money, annual income decreases, and short selling appears. It is a weak stock for half a day, and a weak stock for many days.
Symbol: HDSN NASDAQ:HDSN
Long reason
time: 3.30pm
Buy reason
The turnover...
After a long correction Hudson Technologies seems to have completed a 3 waves move to the upside, (v) was a pip shy from the 61.8% Fib Ext , volume is drying, RSI already making lower highs and MACD decreasing, there's a high chance of a correction, that would be Wave 4th . We should wait for a pullback then we could look for a trade to catch that 5th...
Hello Traders! This stock came up today as a big initial runner, I didn't find any meaningful news on this stock please comment below if i'm wrong on that. But looking at the technical's they look strong for a potential continuation tomorrow, so ill be watching. For the uptrend to continue we will need to see a break and re-test of the 0.64 level. That would...
