The recent downfall of MEET is just pure panic and is clear to me that it has been oversold. However, I would like to see it bottom out since it is still in a freefall. Looking for .50-1 as usual.
AXTI has built a good bottom and is looking like it can continue up. It is currently trading above both the 50 MA and 21 EMA on the daily chart. Support should be around 4.65 and resistance around 5.10-5.15. A good entry point would be either close to support or break of the resistance with a stop right under the support. Break of the MA would change my view of...
FTR has formed a nice bottom and can be a good short term play. It is currently trading in the middle of a channel so would wait for it to either pull back and then enter the trade. However, short term it looks like a continuation pattern and if entering at this level it could push up to the 3.00 level for a nice 0.50 profit. Remember to cut losses if the trade...
Good looking chart. ABEO has built a bottom with higher lows. Trading over the 50 MA and there is resistance around the 8.50 mark. Support is hard to say but it should not break the latest higher low for the pattern to be strong. Entry point should be around the MA or the break of resistance with higher than average volume.
