Monday, June 15, 2020

Watchlist for Tuesday, June 16th VSTM OPGN QLGN RMBL MARA HAPP EKSO


Verastem Inc.
VSTM ---> " Price made a nice reaction, on decent volume after touched on it´s solid support, going to close near of high of the day!! With buyers coming back, this setup could be on the verge of upside squeeze! So, the trade idea here is a buy on any price between 1.67 and 1.79 for 1.95 and 2.00! Stop loss at 1.61 " . This was the trade plan from weekend, which remains intact! If you don´t got in, you have time yet, with a buy between 1.67 and 1.79!!




                               OpGen, Inc.

OPGN ---> " This one walks under my eyes since earlier last week! Price is providing a great buy opportunity once it is trading near of its solid support line! Last trade session, it showed some signs of some recovery!! So the trade plan here is a buy at any price between 1.87 and 2.07 for the break above its down trend line resistance and targets 2.26 and 2.75! Stop loss at 1.86!! Keep in mind that it  could provide us  a Swing Trade. "
My trade idea from weekend too! Price had a steady action yesterday, being closer to breaking up the trend line! The trade plan with Buy at any price between 1.87 and 2.07 for 2.26 and 2.75  remains intact.


Qualigen Therapeutics Inc. 

QLGN ---> " This is a very interesting bottom and low floater setup that is on the verge of a recovery! Technical indicators are starting to curling up and also buyers already showed up on Friday! So, the trade plan is a buy at 4.76 for 6.15 as initial target, and if the stock shows really heavy strength, 6.40 and 7.00 are the targets! Stop loss at 4.55!" 

The same for this one



RumbleOn, Inc.
RMBL ---> " Is another setup that has been under my eyes from last week! Price is trading, as you see, at trend line support level!  Last time that it did that, it initiated a strong climb till 14.54! And it was not so long ago... Other thing that i like is the volume. The drops was made under low volume, which means that big buyers are holding their position, are betting big on RMBL! So the trade plan is, a buy on any price between 8.60 and 9.82 for 12.60 and 14.40!! Stop loss at 8.55" 

Let´s do that



Marathon Patent Group, Inc.
MARA ---> This chart is showing us a very strong 20 Moving Average, where price is building a solid base now! However, MARA showed yesterday some solid momentum and will to take off!! So, with buyers around, the next leg up could coming soon!! The trade plan is a Buy at 1.05 for 1.20 and 1.40! The stop loss that i suggest is 0.90!


Happiness Biotech Group Ltd.
HAPP ---> Price made a steady movement from the bottom with decent volume, crossing and closing above it´s 20 and 50 moving averages!! Price is well positioned to break up it´s next major resistance area, located around 2.95! The trade plan is a buy at 3.00 for a move till 3.40! Stop loss that i suggest is 2.75





 Ekso Bionics Holding
EKSO ---> Broke above it´s 20 and 50 moving averages on high bullish volume! It has now some upside potential that i like! So the trade plan, in case you don´t got my call yesterday is, a buy at 3.84 for 4.45!! The stop loss that i suggest is 3.56


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.