This stock has a long term patter consisting of slowly breaking down PPS (Below $2) then a rapid spike upward (Above $6).
This pattern of below 2 to past 6 has occured 5 times in the past 15 years.... That means major returns for those who can accumulate and then dish shares at a 200% gain every few years.
Swing trade opportunity for ZGNX after missing Q4 earnings, dropped 25% over the past month. Looking to see .40 gain for a quick 10% trade.
Profit Target: $4.40
Stop Loss: $3.60
Several indicators are lining up, I'm suspecting a possible 25+% jump within the next two months. Based on Technical indicators. The fact that the CEO resigned will play into the chart and I suggest setting a more loose stop loss to account for this.
RSI is approaching support.
Momentum is approaching support.
Accum/Dist. is at support, waiting for next...
Citigroup (C) is testing the bottom of a parallel trendline and looks like its ready for a nice 10% rally within the next quarter.
RSI is oversold,
Stochastic is oversold but leaning upward again
MFI is at support
Momentum is turning to begin increasing again.
All of these indicators, along with recent price action lead me to believe that Citigroup's stock will...
Looking at the monthly chart we can see the rise and fall of JCP 3 times over the past 2 and a half decades.
Indicators:
- The RSI has hit oversold territory for the 3rd time. In the past this has led to 100 - 400% gains within a few, 5-8, years.
- The MFI indicator has also hit oversold territory before the stock price rebound, but this time around MFI has yet...
China Ming Yang Wind Power Group Limited (MY) has recently began an uptrend beginning in 2012. Accum/Dist follows the share price movements, and BBW seems to have higher highs and higher lows indicating the share price will continue to trend upward.
In October of 2013, MY broke resistance from Oct. 2011 @ $3.30, then fell back to low 2's before bouncing...
Barrick Gold Corp has been beaten down this year with gold turning to poison. I think this may be a good time to buy when others are fearful about the future of gold.
ABX has experienced Very Strong resistance around $12.50 for 15 years and is now bouncing off is newest lows from this summer. Based completely on previous chart pattern and my gold sentiment I...
PDLI, for the past 3 years, has experienced annual runups usually beginning in Winter and ending in Fall the following year. In observance of this trend, I believe PDLI will fall for the next few months (Dec. and Jan.) then begin its reversal to continue its long term bull rally through fall of 2014.
I suggest buying anything under 8.20, sell at 11.50 or...
Immunogen (IMGN) is experiencing a 5 year uptrend which consists of annual peaks and valleys occuring at regular intervals.
I have observed bullish ralleys occuring from November - July, noted by green arrows and the length of the rally below.
From July - October the bears take over and push it down to a higher low.
the net effect of these interchanging bull and...
NEWT has been in a nice 3 yr. uptrend and has been forming a wedge for the last 2 months, I expect the uptrend to continue after the wedge breaks past 3.00.
Prediction:
Profit Target - 3.20
Stop Loss - 2.35
Plug has been in an uptrend for the past year, Nice volume and price movement.
since mid-September, a triangle pattern has been forming with a flat bottom around 0.57, In this scenario for PLUG (General uptrend, triangle pattern forming) I am expecting Plug to break through resistance and find a new support level.
Support at 0.57 has held strong, I predict a POP...
Banro seems to be holding around .9 but some indicators are saying that BAA has to go back down.. Unless gold continues its uptrend for a long length of time.
Prediction:
-Short sale @ .88 - .90
-Buy to cover @ .75
We are again approaching the resistance around $.90, I'm looking to let go of my shares at .90 and wait 2 or 3 weeks to buy back in around .7 or possibly .6
Support is at .59 but news for gold has just become positive with all the rhetoric surrounding debt ceiling etc. therefore I feel as if the lowest low is in the past.
Prediction: Sell @ 0.9 ASAP, Buy back @...
ARTX has had a few nice jumps this summer at roughly 2 month intervals.
Using the general pitchfan at the end of downtrend Q3 2012 we can see the share price increasing through the resistance levels over the long run. Currently, at a support of 1.85, I am expecting a bounce upward to 2.40, possibly 2.60 by November 14th. Earning Release is November 11th or 12th,...
