Saturday, June 20, 2020

Watchlist for Week June 22nd YCBD EDNT MVIS DBD AVEO TBLT REV TRPX NBR ATIF VSTM NNDM


CbdMD, Inc. 
YCBD - - - > Shares of CbdMD rose more than 22% on heavy volume, making a solid base breakout, going to close well above of it's upper Bollinger Band line and near of High of the day. The price seems well sustained and is pointed to test it's 200 moving average. If break that level, CbdMD could run hard again. Over 2.19 it's next major resistance is located around 2. 80. So, the trade plan is a buy at 2.20 for 2.45 and 2.75! Stop loss i suggest +/-5% after buy price!! 




Edison Nation, Inc. 
EDNT - - - > It made a solid breakout under heavy volume and buying pressure. Worth watching closey to see if momentum continues. If so, over 3.22 could fly again. The targets are 3.50 and 4.00! 


Microvision, Inc. 
MVIS - - - > Beautiful bullish chart!! Worth a shot with eyes on 1.82! For stop loss i suggest 1.34


Diebold Nixdorf, Inc. 
DBD - - - > The price is about to break up a solid resistance area. If successful, it could begin a new leg up here! Targets 7.00 and 7.90! Stop loss i suggest  5.30! 



AVEO Pharmaceuticals Inc. 
AVEO - - - > As long as it stay above $5. 00 I'm long. Patience will pay off! Gap fill is the first objective



ToughBuilt Industries Inc. 
TBLT - - - > Back to hit the bottom providing us a great buy opportunity. Stop loss if break below 0.80



Revlon Inc CI A
REV - - - > Mentioned on private Twitter this one as low floater, highly shorted and bottom setup that, any time that it touched the support line, it bounce strongly. So, it is again on support line, and volume is saying everything. Bounce is coming. 



Therapix Biosciences Ltd. 
TRPX - - - >> Popped on Friday on solid volume closing the regular trade session near of High of the day. Stock is under strong accumulation and could be ready for another squeeze toward 1.00! So, the trade plan is a buy at 0.77 for 0.90 and 1.00! Stop loss that chart is giving us is 0.62



Narbors Industries, Inc. 
NBR - - - > As i suspected, price found strong support between 45.00 and 47.00! At this levels is a buy opportunity for some pop on energy sector. It is a low floater setup with some highly percentage of short float. When move up, it moves strongly. Targets 60.00 and 75.00! Stop loss if break below 45.00



ATIF holdings Ltd. 
ATIF--->> This matket have a huge percentage of Pumpers, which don't let the price go. However, in this case, volume speaks for itself. My strategy remains intact, long over 2.25 for 2.40 and 2.60! Stop loss +/- 5% after buy price. 




Verastem Inc. 
VSTM - - - > Following the alert from last week, Verastem can see it's momentum coming back. Price is now breaking up it's major moving averages and with that, it will gain clean room until the nexy resistance area, located at 2.07!! Could run very soon. 


Nano Dimension Ltd. 
NNDM - - - > Another setup that i called last week and can see the momentum coming back. The Coil break mode is activated and it could run hard in the next coming day's. 

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.