Dearest readers,
I hope everyone is enjoying a great weekend with family and friends. I'm sure you are eagerly awaiting the market’s open tomorrow and getting ready to start the week with a profitable trading session. I will take this opportunity again to inform you that my Twitter profile continues to be cloned by imposters that duplicated exactly all my tweets, images and purchasing followers to be popular in the eyes of newbie investors. These scam artists are trying to use my name and send people messages to sell Bitcoin products.
Please be aware that I don't TRADE CRYPTO and I will NEVER ask you for money. I would also like to make clear that I have never been paid to promote a stock/company, and I never will. All of my stock picks, technical analysis, and posts are crafted utilizing my own knowledge and experience. I trade all types of stocks, big mid and small caps, but never the OTC market. I thank you for coming here and reading what I have to say about stocks on a technical level.
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Vinco Ventures Inc (NASDAQ:BBIG) may be forming a bottom after being in a downtrend for weeks. The stock jumped 23 cents or 8.39% on Friday closing at 2.97, just slightly below key resistance at 3.07 (EMA13). If this technical daily chart does what it is supposed to do, it will be going higher in the days to come, plenty of room to upside. The recent high volume activity along with positive crossover of MACD on the daily charts suggest fresh buying interest in the stock. This will be a stock to watch next week.
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Moving Image Technologies Inc (NYSEAMERICAN:MITQ) is starting to come off its bottom. The stock saw great buying volume after hours on Thursday and looks ready to test and break $3 very soon. From a technical standpoint it has been trading sideways for the last few days and is showing signs of bullishness. The MACD had a positive crossover last week and the RSI remains in buy mode that supports the positive momentum in the stock. I have been accumulating this name.
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Ford Motor Company (NYSE:F) After consolidating sideways the last few weeks with an upward bias, the stock broke out upwards Friday accompanied by a volume surge. Looks good for higher prices.
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Sharplink Gaming Ltd (NASDAQ:SBET) Volume starts to pick up again while MACD is curling up. Could make a nice move to the upside. Keep this one on your watch list. A break of $2.76 with force might give the stock room to $3.60 Another small cap that I have been accumulating lately.
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Legacy Housing Corp (NASDAQ:LEGH) Good upside volume the last two trading days. A new breakout could be coming soon.
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General Motors (NYSE:GM) Like it over Friday's highs if volume comes in.
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Theravance Biopharma Inc (NASDAQ:TBPH) Possible gap fill candidate over 10.50
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Jupiter Wellness Inc (NASDAQ:JUPW) Some serious upside volume coming into this stock over the last few days. A high volume move through the 1.64 price level would be buyable.
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Greenidge Generation Holdings Inc (NASDAQ:GREE) is still flagging nicely in this range. Could be a high flyer on breakout.
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Bakkt Holdings Inc (NYSE:BKKT) closed the day nicely above its EMA200 and printed a new buy signal for the coming week. Positive divergences are everywhere. If the MACD crosses it should trigger some sort of buying.
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.
Thanks for visiting AC Investor Blog.
AC
Labels: BBIG, BKKT, F, GM, GREE, JUPW, LEGH, MITQ, SBET, TBPH