RGSE Looking Bullish...Selling absorbed, short but sweet period of accumulation, and now a bullish move backed by volume. Doesn't get much simpler than this.
Pennystock
TNXP: Gap Up Followed by ReversalThe gap up out of accumulation seen here is quickly cancelled out by way of significant retracement, I could still this breaking out...but not before another period of accumulation at this new level. Time will tell.
UAMY Fakeout....Possible Breakout Next WeekSelling being absorbed was followed by a decent accumulation period with regard to duration, and this was followed by a fakeout. The breakout was strong in terms of price, but the volume didn't back up the move. Price retraced the next day.
The close this week has the UAMY with some some bullish candles in terms of both price and volume, with deep lower wicks. I could see a bullish opening next week, and this would be a signal to hop on board to the long side for some short term gains. Wait for the signal though...nothing is certain yet.
CADC in accumulationAfter selling was absorbed, CADC formed a hammer with solid volume. It now appears to be in accumulation, waiting on a breakout.
KEEKF Bullish Swing on a penny stockHad a friend turn me on to this one. Really likes the platform. Anyway, this is the plan I put together for a shorter term swing while it's beginning it's popularity. I would be extremely careful of the potential for a head and shoulders pattern to form. If that happens, the pivot will be around 1.20. However, for the relatively small investment, the ROI potential is high. Especially since the stock has already had a higher high than we would be looking for.
LONG LGCY - COULD TAKE OFF ON VOLUME LGCY COULD HAVE DOUBLE BOTTOMED HERE
WILL BE WATCHING FOR ANOTHER LONG NEXT WEEK WITH HIGH VOLUME INTEREST ON THE BULLISH WOLFE PLUS POSITIVE EARNINGS AND DIVERGENCE ALSO MOST ANALYSTS HAVE LISTED AS A STRONG BUY
TRTC BreakoutMarijuana industry is bomb. High volume at a technical level. Level was breaches just before close on 10/24. Going to go wild in the next month up to Nov 8 voting for marijuana legalization in a handful of states.
PTX: Cruising for a bruising?If you're not long PTX, there could be a buying opportunity so long as you buy @ .56 and sell around .58. It won't be much, but think about how much capital would be appropriate for you to make a quick profit.
nice level at 2.93 but first the pullbackif we can break the 2.93 is going to close the gap or at least move fast in the bullish direction
long > 1.91 / short <1.76great pattern I personally prefer the long setup because the price action ios very bearish, so the R/B ratio is better on the long side for a posible move to the upside
September 3, 2016 Golden Dawn Minerals- Stairway to heaven?Golden Dawn Minerals GOM seems to be on the verge of a massive breakout as it is pushing against resistance of $0.40 which was last priced back in 2008. There has been a recent volume spike (open buying interest) since the company started jockeying for a piece land which is also of interest to powerhouse major Kinross Gold Corporation K . Since GOM is traded on the Canadian Venture exchange it is not widely covered by major analysts so it has stealthily moved up under the radar. Full disclosure, I own shares in GOM .
>0.31 with no tolerance for a fakeoutjust an stop 3% below the price of the breakout and the target 0.38
another clean pattern of breakdown <1.53looks awesome the only proble is the low price a lot of brokers didnt have shares on this kind of stocks....lets see the energy sector tomorrow....
ras really nice formation for a gap fillWe need the break of 3.38, after that we will see an agresive price action, the final target is 4
Bull flag, nice formation for a quick trade when breaks 5.86Looks awesome if we can break for tomorrow, the price could go to 6 really quick
