Monday, June 22, 2020

Watchlist for Tuesday, June 23 MARA RIOT ABIO DBD REV AVEO


Marathon Patent Group, Inc.
MARA ---> Price crossed and closed well above it´s 200 moving average on extended volume, showing some high relative strength too in After Hours! Stock gained solid momentum yesterday and is a watching for continuation for Tuesday! The trade plan here now is trying to hunt the best price between 1.03 and 1.09 for a upside movement till 1.25 and 1.40! As always, i suggest to use a stop loss with +/- 5% of losses after buy price!!



Riot Blockchain, Inc.
RIOT ---> Another setup that got the attention from buyers, providing us a solid base breakout! Also, it showed too some high relative strength in After Hours! So, with momentum flowing inside of the stock, the trade plan is a buy between 2.47 and 2.51 for a run up toward 3.10! Stop loss as always, +/-5% after buy price!!



ARCA biopharma, Inc.
ABIO ---> This tiny floater setup has been under heavy Accumulation and is on the verge of a Base Breakout!! It is well prepared for to explode higher, IMHO! So the trade plane is, if don´t bought yesterday, a buy at 7.76 for 9.00 and 9.90! Stop loss, as always i suggest a +/-5% after buy price!




Diebold Nixdorf, Inc.
DBD ---> Following the call on Weekend Watchlist, price made, as expected, a very nice breakout under strong volume... again!! With about of 20% of short float, Diebold Nixdorf could squeeze easily till 7.50!


Revlon Inc. CI A
REV ---> Following the Weekend Watchlist too, and after mentioned a few times last week on Private Tweet, Revlon is making the expected upside movement, with more volume yet and technical indicators getting more positive divergences! Price is now about to break it´s 20 and 50 moving averages, which if successful, and in case you don´t bought yet, could be a great buy opportunity, once it can boost the price!! Noted that it is a low floater and highly shorted setup!!


AVEO Pharmaceuticals Inc.
AVEO ---> Another one from Weekend Watchlist and Private Twitter last Week! The consolidation stage is coming to end!! The Gap squeeze is around the corner!! So, you have time to get this great opportunity yet! Stop loss at 5.00


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.