-Financial Tools Futures Market--TRADE IDEAS-- OPTION ALERTS -BENZINGA PRO-

« Home | Top 9 stocks on my Watchlist for the coming week » | Potential Trade Setups for the coming week » | A few trade ideas for the last week of June 2022 » | Some small-caps are showing surprising resilience,... » | 8 Technical Setups to keep an Eye On » | 6 Technical Setups to keep an Eye On » | Stocks to watch next week » | A few names on my watchlist for the coming week » | Swing trade setups for next week 7-11 Mar 2022 » | A few setups for the upcoming days » 

Sunday, August 14, 2022 

A few small caps on my Top watchlist for next week


( click to enlarge )

Kidpik Corp (NASDAQ:PIK) closed up double digits on Friday above its declining EMA100 for the first time in months and could see some nice upward movement next week. This thinly traded stock was trading over $3.5 a share a little less than a month ago. It has dropped on low volume and looks ready to post a counter rally. Considering the apparent lack of shares in circulation and the big short interest I don't think it will take much buying interest to get moving. Watch it over 2.69 next week for a nice short squeeze, once it starts to squeeze higher there is really no telling exactly where it will go. One thing we do know, shorts need to buy back stock to profit from their bets, which only adds fuel to the fire. Note: The company will report its second quarter 2022 financial results after the market closes on August 16, 2022

( click to enlarge )

Nautilus, Inc.(NYSE:NLS) the technical chart is looking good for this stock and we could be looking at the start of a sustained price recovery. Considering how far the stock has fallen, a rebound could mean a big move up for this stock. Keep an eye on it.

( click to enlarge )

Ontrak Inc (NASDAQ:OTRK) I really like this small bio cap, although the price sits at recent lows, I feel it deserves a much higher valuation. Watch it over 91c for continuation next week.

( click to enlarge )

Minerva Neurosciences Inc (NASDAQ:NERV) I think this stock will post a sharp rally from current levels. This was a $7 stock last week and at $3.29, in my opinion, there is a compelling risk/reward scenario for a new swing trade. The risk is the stock continues to fall, the reward is a swift 30-50% type move for this low floater play. Long setup on watch.

( click to enlarge )

Sharplink Gaming Ltd (NASDAQ:SBET) I've been behind this stock for quite a while now. On Friday, the stock closed at $1.25 a share above the declining EMA100 for the first time in months and looks poised to continue its move higher next week. I always felt this stock was a great buy at its lows, and even now I believe there is profit potential from these prices. Buyable on any dip.

( click to enlarge )

Bitnile Holdings Inc (NYSEAMERICAN:NILE) is a candidate to be traded in breakout mode next week. The Daily technical indicators are looking better for the stock with MACD indicator above its sell signal line, %K line on top of %D line and RSI indicator moving up above the 50% level. This is one for the bottom pickers. Keep an eye for a possible breakout over $.38

( click to enlarge )

G Medical Innovations Holdings Ltd (NASDAQ:GMVD) I still like this stock for a nice rebound in price.Typical Cup and Handle bottom pattern. Neckline 42c the break of this level could send it to 75c

( click to enlarge )

Mullen Automotive Inc (NASDAQ:MULN) Potential triple bottom formation is seen after prices remain supported at key support zone 75c-82c. This stock in the past has gotten very hot, and we could be seeing that again. MACD is also displaying a positive divergence.

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.


Labels: , , , , , , ,

Bookmark and Share


About Me

  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

  • Benzinga.com supporter

    Benzinga.com supporter


      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal


      Interested in advertising on AC Investor Blog ? Click Here


    Site Information

    Stock Market Blogroll

    Friends BLOGROLL


Powered by Blogger
and Blogger Templates

Add to Google