Dearest all,
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 once 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 crypto products.
Please be aware that I don't send private Twitter messages promoting services nor 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 for informational purposes only.
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Westwater Resources Inc (NYSEAMERICAN:WWR) had another very productive week as we saw gains of over 10% on decent volume and I believe it has more room to run. The daily MACD-Histogram has been sloping up and the MACD fast line and RSI are both rising, indicating bullishness. I definitely like the way it's trading and at some point I think it will leap over $2.5
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Tilray Inc (NASDAQ:TLRY) has been in a nice uptrend for the last 2 wks and is now very near to break another key resistance level. Keep an eye on TLRY for a possible breakout over $9
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Jupiter Wellness Inc (NASDAQ:JUPW) had a strong bullish candle in the last trading session on heavy volume and closed back abv the declining EMA100 for the first time in months. The next key resistance lies at 1.64. If a breakout happens we can see a target of 2.25 (gap zone). So far, all daily technical indicators are in favor of an upward price movement. The MACD has generated a new buy signal on Friday and is currently above the 0 line. All short-term EMA’s are below the current price. Long setup on watch. Weed play
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Globalstar (NYSEAMERICAN:GSAT) Flagging nicely here after a strong rally. Keep it on watch, next buy point when it clears 1.5 on heavy volume.
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Northern Oil & Gas, Inc. (NYSE:NOG) Broke out to new highs Friday on solid volume. I will be looking for a follow-through day for a potential swing entry trade.
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Ageagle Aerial Systems Inc (NYSEAMERICAN:UAVS) buyers failed to uphold momentum on Friday and the stock pulled back to the key support zone previous major resistance line. If support holds we might expect another test of the 1.54 level. A break above the horizontal line (yellow) could signal further upside.
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Meiwu Technology Co Ltd (NASDAQ:WNW) Potential bounce play opportunity. Agriculture stocks have been very hot lately and this Ag China name could follow. Technical indicators have turned bullish signaling sideways to higher prices possible in the near term. Next resistance lies at 1.55
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Dorian LPG Ltd (NYSE:LPG) continues to perform nicely and appears poised to breakout to new highs. Keep it on watch.
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Arca Biopharma Inc (NASDAQ:ABIO) COVID data next week (according to the company). Worth watching. Could squeeze over 2.55 targeting initially the 3.7 area.
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Core Laboratories N.V. (NYSE:CLB) had a nice bullish momentum on Friday, gaining more than 5.9% and ending the day near the highest price of the day. The bias is bullish in the nearest term especially if the price is able to stay consistently above $29 targeting $36
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: ABIO, CLB, GSAT, JUPW, LPG, NOG, TLRY, UAVS, WNW, WWR