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IQIYI Inc (NASDAQ: IQ) Missed this one today because I was too busy watching small caps. But this chart looks pretty good. I think current levels offer a great chance to play a rebound in shares. Long positions can be considered with a stop loss of 26 on daily closing basis. Initial targets are 30 and 32.4
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HUYA Inc - ADR (NYSE: HUYA) Keep a close eye on this one, looks ready to break this trend line to the upside. When it clears $28 on good volume, go long using the EMA9 as stop.
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China Advanced Constructn Mtrls Grp Inc (NASDAQ: CADC) Another China name with a good looking chart. Looks like a bottom formation here. A breakout over $4.2 with volume would send this flying. I went long today, I see $5.5 move coming. The MACD is curling in a very positive direction. This could be a good swing trade.
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Akers Biosciences Inc (NASDAQ: AKER) was one of the BIG winners today, as the stock closed up 21% on the day. If the stock can break today’s high of $32, we should see a continuation move targeting the 40c area.
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Onconova Therapeutics Inc (NASDAQ: ONTX) one of the best charts out there under $1 Broke downtrend line yesterday on volume. Plus, all key indicators are pointing up and the Accumulation indicator is also rising. Im Long
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Tilray Inc (NASDAQ: TLRY) This one is unstoppable. If you're long, use the rising hourly EMA20 as stop.
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InspireMD Inc (NYSEAMERICAN: NSPR) made a strong move to the upside and closed above the 25c key resistance zone accompanied with high volume. Based on the monster volume, I think we could see some nice follow through on Thursday. Use tight stops.
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Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.
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AC
Labels: AKER, CADC, HUYA, IQ, NSPR, ONTX, TLRY