look for the pullback entry to recent resistance which should act as support if bulls are still in control! potential entry .74, stop loss .72 after entry with price target at .80-1 amazing risk reward if it does bounce at those levels. goodluck :)
here are my minimum prerequisite on a weekly chart
Fisher transform Positive on weekly
3&8 ema + on Weekly
3&8 ema + on 3 Days
8&34 ema + on 178 MIN
Some basic E.W. to match, right now in 4 but the alternate of 2 suggest a fast 4 to resume 5
Weekly pivot respected
Wrong analysis if break .55 again in my books because wave 3 cannot retrace to wave 1
Bullish Pennant
Descending volume during formation
Golden Cross in blue
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 5
250RSI above 50
Cons:
200MA Flat
PT = 1.02$
This junker has been on my WL forever but I am kind of liking it here but obviously needs to break to the upside. Severely beaten down, Holding trend since mid June, Forming and ascending triangle, filled gap with a wick (Prefer full body candle). Watching for it to break out of the pattern to the upside and hold confirmation for a trade.
Perfect stock to short going down, setting alarm once again to 0.385.
Once it reached it's all time low, buy and set a high mid term objectif.
News are critical at this point
Let me know what your point of view.
We have finalized our accumulation of shares this morning. We do forecast a bullish recovery at the current price level. In total, Guru has accumulated 650,000 shares at an average price of .45$ per share. Those buying at the current sp should be well rewarded in the coming months. We do plan on holding our shares for a duration of no less than 1 year from the...
Weekly MACD showing a widening gap that will highly likely to narrow, RSI most oversold in the hx of the stock, Volumes Osc's are showing increased volume, sellers will undoubtedly become exhausted overtime. Peak short term Price target range bound .72 - 1.08 $ ps. Guidance for 2019 remains unchanged range bound 1.47$ ps.
Should be a high volume day. Conference call to be conducted inthe next 3 hours. Expect clarity from the CEO regarding ongoing disputes. Positive momentum will likely follw as did the last conference call that surge the SP 3 fold in 3 days. Could see daily high of .65$ if news is promising. Regardless of managements downfalls stock is poised for gains r/t strong...
The initial up-trend has formed the leading rim of the cup. Currently the stock is trending along a U-shaped curve on the hourly time frame. Potential bottom around the $0.35 - $0.40 range, where it will hover there for up to a week. Thereafter, an upward trend towards $0.80 once again.
Textbook triple bottom dictates that (1) the stock must be in a downward trend, (2) bounce three times at roughly the same level, and (3) bearish volume should drop. In this case, all three points have been hit. Trend reversal and leg up towards the $0.60 range is likely.
EPS for 2019 - .06; 2020 - .22
Patient count growing at rate of 235% y-o-y
Potential Market of 138 Billion$
Top 10 Innovative Health Tech's
2020 Market cap of 900 million or 8.17$ per share.
Current Year End Price Target with billing issues stands at 1.08 - 2.05$ per share.
Path of least resistance is showing a bullish reversal in trends. RSI is on the cusp of a bullish reversal, the AO is on the uptrend, the SP is on the lower end of the bollingerband with divergence upward, volume is steadily increasing since last price spike, Share price is well below 5-25 day MVA with uptrend as being highly probable. 42 of 52 point indicators...
