Wednesday, July 4, 2018

Some setups for Thursday, July 5th $CLWT $RCON $HAIR $GLBS $SMMT $PTIE $MU $FSLR $BB

Euro Tech Holdings Co. Ltd.
CLWT ---> Go long on the break above its Falling Wedge!!

Recon Technology Ltd.
RCON ---> Is under heavy Buying Pressure and could be on the verge of a monster Breakout.

Restoration Robotics, Inc.
HAIR ---> Has everything ready to make a nice Base Breakout! $4.40 is the target.

Globus Maritime Ltd.
GLBS ---> Is back to my scanners with a very nice bottom formation and positive divergences on chart!!  I´ll try the bounce with initial target $0.70! 

Summit Thearpeutics PLC
SMMT ---> Is confirming the bottom formation and looks like that goes to the Gap which could provide us a huge squeeze! I´m long and strong on this one.

Pain Therapeutics 
PFIE ---> Added to my portfolio this setup at $2.10 with stop at $2.00! It seems that reached the bottom and is trading under extremely oversold conditions which any upside movement with decent volume can open the door for a huge squeeze!! Huge GAP to be filled!!

Micron Technology, Inc.
MU ---> Leaving out the last News, technically, this giant at these prices is a gift!! Strong support around its 200 Moving Average!!  Buy opportunity!

First Solar Inc.
FSLR ---> Buying Pressure is getting strong and a Base Breakout should happen anytime now.

BlackBerry Ltd.
BB ---> To finally this blog post here is one of the most manipulated stock of the market! Price reach the bottom and is setting up to break higher again! Technical Indicators are showing positive divergences meaning that price is getting Momentum!! Buy opportunity here too.


All charts posted here are merely tools to study based on major technical indicators!! It is up to the reader to decide whether the stocks mentioned above are appropriate for your strategy! I warn that the good performance of a stock not depends only the technical data and I can not responsible for any trade that goes wrong!! Follow me on Twitter and Stocktwits, during the day I post some good ideas of trade