Monday, January 13, 2020

Watchlist for Tuesday, January 14th $HOV $PIR $LXRX $WWR $TVTY $CREG $RENN

Hovnanian Enterprises, Inc.
HOV ---> Is about to break above its 50 Moving Average!! Technical Indicators are showing a healthy momentum in price!! Could squeeze easily toward $30.00´s.


Pier 1 Imports, Inc.
PIR ---> Reached the bottom under extremely oversold conditions and start a recovery! Expecting continuation.


Lexicon Pharmaceuticals, Inc.
LXRX ---> Showed some relative strength today under decent volume! The stock is about to trading above all majors Moving Averages with all indicators suggesting strong accumulation and, as it has highly shorted, we could get here a nice squeeze!! Watching.


Westwater Resources, Inc.
WWR ---> Price is showing us strong buying pressure! As a very Low Floater setup, it could really run harder over $2.55.


Tivity Health, Inc.
TVTY ---> We may have here a short panic very soon!! This setup is highly shorted and made today a beautiful breakout with high bullish volume!! As the chart is showing, the Bulls are in control. Targets $25.00 to $30.00´s.


China Recycling Energy Corp.
CREG ---> China name and former runner!! It made a solid action today under high volume and buying pressure!! Can fly over $0.445!!


Renren Inc.
RENN ---> Looks tired of falling and is already starting to give signals of recovery. It is another former runner and China name!! Buy opportunity here, IMHO.




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Disclaimer

Here's a friendly reminder: all charts shared here are powerful tools based on major technical indicators. However, it's crucial to remember that stock suitability depends on your individual strategy. 🛠️ I must emphasize that good stock performance isn't solely determined by technical data. 💡 As always, trade cautiously, and I cannot be held responsible for any trade outcomes. Remember, I'm not a financial advisor.