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

« Home | Here are some Trade ideas for the last week of Oct... » | Ten stocks worth watching next week » | 9 stocks worth watching next week » | Trading setups for next week » | A Few names on TOP of my watchlist for the coming ... » | Chart setups to keep an eye on next week » | Here are several penny stocks and others to watch ... » | Good looking chart setups to watch this week » | A few names on my watchlist for the coming week » | Stocks you need to keep an eye on » 

Sunday, November 07, 2021 

Potential Trade Setups for next week


( click to enlarge )

Sharplink Gaming Ltd (NASDAQ:SBET) Technically, it is poised for an interesting price action next week. The stock formed an Inside Bar pattern on the daily charts as the trading range was within the bullish candle of the previous session. The resistance level 4.6 remains the immediate level in question as it also marks the breakout of its EMA50. A retest to this level could indicate new bullish momentum likely to emerge. I increased my position on pullback.

( click to enlarge )

Ironnet Inc (NYSE:IRNT) Deserves some attention going forward. Previous resistance acted as a strong support while MACD is curling up. The CEO will be on Washington Post Live tomorrow.

( click to enlarge )

Zhangmen Education Inc (NYSE:ZME) Beaten down IPO play. The stock closed positively on Friday and the strong volume suggests that there's potential for another push in the coming sessions. It dropped from $20 to $1.85 in just 5 months, and could see a big bounce from current levels. I think a push to $4 or better could be in the making. Friday's high volume could be a signal for trend change and the beginning of a potential major move higher.

( click to enlarge )

Callon Petroleum Company (NYSE:CPE) has formed a large Cup and Handle pattern on daily charts. Potential breakout play next week. Watching over 60.9 with resistance at 61.49

( click to enlarge )

Lucid Motors (NASDAQ:LCID) broke through a key resistance level on Friday accompanied with heavy volume. Keep an eye on it to see if tomorrow will confirm the intraday breakout.

( click to enlarge )

Alzamend Neuro Inc (NASDAQ:ALZN) Watch this horizontal trend line and play accordingly. Momentum indicators suggest continuation of positive bias for the stock. Let's keep an eye on it.

( click to enlarge )

Nuwellis Inc (NASDAQ:NUWE) The share price has finally crossed and closed above the declining 20-day EMA, which is very positive. The positive momentum may continue towards the next hurdle of 2.59 and 2.8 zones.

( click to enlarge )

If Passage Bio Inc (NASDAQ:PASG) can break out above $10 with heavy volume, I think the stock could shoot up to the $12.50 area. There looks to be good upside potential, so watch the stock very closely next week.

( click to enlarge )

Bakkt Holdings Inc (NYSE:BKKT) has sold off over the past few sessions but looks to have found a bottom around the hourly EMA50, which may lead to a bullish breakout and reversal of the recent downward trend. On Watch.

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