Stocks to Watch for November 11, 2019
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Tilray Inc (NASDAQ:TLRY) on watch for a quick reversal. It has been holding this small trading range for the last sessions and I feel the next move will be higher. Go long on the break of Friday’s high at 24.10 The momentum in the short-term remains bullish, with MACD trending upwards above its signal line. Long setup on watch.
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Cronos Group Inc (NASDAQ:CRON) another potential reversal play. The stock is reversing off lows and is seeing strong buying volume. We could see a follow-through day on Monday with the stock now trading above all short-term major exponential moving averages. The next clear point of resistance is $9.37
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Taronis Technologies Inc (NASDAQ:TRNX) is a stock I tweeted about last week as one to watch for a potential reversal as well as one that has been on my low float bottom scan. On Friday, that reversal came to fruition to the tune of an 14.29% gain for the stock. Congratulations to all that profited on this stock and its big move. There is no reason the upward trend will not to continue. In fact, there are several reasons on chart signaling that the uptrend could accelerate this upcoming week.
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Ocean Power Technologies Inc (NASDAQ:OPTT) On my fireworks list for next week. The stock is right near its bottom and I think we could see a strong reversal over the coming days. Company will host a Commercial Update webcast and conference call on Thursday, November 14 at 11:00 a.m. EST. The presentation will include details of OPT’s recently announced sale of a PB3 PowerBuoy to Enel Green Power Chile, as well as updates on current projects, the products and services pipeline, and a review of new product innovations.
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I like Plus Therapeutics Inc (NASDAQ:PSTV) for a reversal. Chart looks to be making a turn here. This $2.55 stock will have its day sometime in the near future. In my view, is a great bottom play.
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Precipio Inc (NASDAQ:PRPO) is a stock I think deserves some watching over the coming sessions for a potential reversal. Another stock whose pattern is looking quite good here for higher prices. Looks to be setting up for an upside move, as the stock has held up well the past few sessions. Breakout watch above 2.50
During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.
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
During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.
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: CRON, OPTT, PRPO, PSTV, TLRY, TRNX
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