Tuesday, June 30, 2020

Watchlist for Tuesday, June 30 AGIO AKBA AGE INSG NVCN OBLN MTSL SNOA


Agios Pharmaceuticals, Inc.
AGIO ---> I found this setup on my research and i´m liking a lot for a swing trade!! Price is about to breakout under solid positive divergences on chart! With only 68M of float shares, very low for a Mid Cap, and 16% of short float, over 54.53, it can make a great squeeze! The plan is a buy at 55.00 for 67.00! Stop loss we fixed at 50.37!!




Akebia Therapeutics, Inc,
AKBA ---> Another chart easy to read! Is poised to break to new highs under solid divergences on chart! Also, it released news yesterday that could boost the price to higher! To read click here... 
The trade plan is a buy at 12.90 for 14.00! Stop loss i suggest at 12.00!!




AgeX Therapeutics, Inc.
AGE ---> Shares of AgeX Therapeutics got my attention on Friday when it broke above a strong resistance area located around 0.96 on heavy volume! Price made a nice spike until 1.10, pulling back to 1.00, where it close! In my opinion, this setup is well positioned to spike again! Worth watch closely!! The trade plan is a buy on any price between 0.96 and 1.00 for 1.10 again and 1.14! Stop Loss, as always, i suggest +/-5% after buy price."

It was the post for Monday and the idea remains intact for Tuesday



Inseego Corp
INSG ---> Solid breakout occurred yesterday on Inseego under strong volume and buying pressure! It has now a clean room until 15.00 and, as a highly shorted setup, the squeeze could be quickly!! Trade plan here is a buy a price between 11.76 and 12.21 for 15.00! For stop loss i suggest 10.34



Neovasc Inc.
NVCN ---> Added yesterday too, on this base formation! Stock has received positive news lately, and in my opinion,  is a question of time to take off! Plus, its RSI and MACD indicators are starting to curling up, which means that price is gaining momentum. Fixed my initial target at 2.65 and my stop loss at 2.27!!


Obalon Therapeutics, Inc.
OBLN ---> Another one that i alerted on Private Twitter and Chat Group with a great buy opportunity when price popped from support line on strong volume! Still attractive here! Trade plan now is, a buy on any price between 0.75 and 0.79 for a squeeze till 0.90!! Stop loss at 0.67


MER Telemanagement Solutions Ltd.
MTSL ---> Shares showed high relative strength on Monday, with price hitting almost 12%  during the day! It has a strong support around 1.23 which provide us a great buy opportunity! Also, we have it´s 20 moving average, which has been a solid guide! So, the trade plan here is, a buy between 1.23 and 1.30 for a run until 1.50! Stop loss if break below 1.23



Sonoma Pharmaceuticals, Inc. 
SNOA - - - > Trading in a nice uptrend, SNOA showed high relative strength yesterda,  going to make a first breakout test. Technical indicators are starting to curling up, sustain its strength, which leads me to believe that the breakout is around the corner. Plus, it's sector has been hot!! This tiny floater has legs to run! Go long at 7.60 for 9.00! Stop loss i suggest 7.10

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.