$Luokung Technology (LKCO.US)$ Since February high LKCO has been making series of shrinking lower highs and higher lows. Technically it is very rare to see such clear pattern to persist for such a long time. When push comes to shove the pattern has to break out eventually either to the upside or downside. With favorable market environment now upside is strongly favored. Holding small positions to watch for further development.-
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Chang Lin9
commented on
$Ocugen (OCGN.US)$
Price doubled on huge volume since April 20. Hold high and tight with shrinking volume. Holding a small position for speculative play. Price could go down 20-30% easily but that is the risk I am taking in exchange for upside move. Any comment (either for or against) is appreciated.
Price doubled on huge volume since April 20. Hold high and tight with shrinking volume. Holding a small position for speculative play. Price could go down 20-30% easily but that is the risk I am taking in exchange for upside move. Any comment (either for or against) is appreciated.
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$Luokung Technology (LKCO.US)$
After my last post from 2 weeks ago, LKCO made new low initially then reversed to upside since April 21. If it stays above short term moving average, more upside is expected.
After my last post from 2 weeks ago, LKCO made new low initially then reversed to upside since April 21. If it stays above short term moving average, more upside is expected.
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$Dolphin Entertainment (DLPN.US)$
If DLPN holds above short term moving averages, more upside would be expected. Let's see what happens in the next few days. Holding small position to test water. Fingers crossed. Any thoughts?
If DLPN holds above short term moving averages, more upside would be expected. Let's see what happens in the next few days. Holding small position to test water. Fingers crossed. Any thoughts?
$Clover Health (CLOV.US)$
4 Huge volume days with upside move this month signals down trend since mid December is finally over. Tomorrow CLOV may give back some gains but more upside is favored for the next few weeks. Any thoughts?
4 Huge volume days with upside move this month signals down trend since mid December is finally over. Tomorrow CLOV may give back some gains but more upside is favored for the next few weeks. Any thoughts?
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Chang Lin9
commented on
$Luokung Technology (LKCO.US)$
LKCO has been making a giant triangle pattern since February 5, signaled by the series of support and resistance lines. Eventually the price will break through the pattern. Where will the price go after that? Only time will tell.-
LKCO has been making a giant triangle pattern since February 5, signaled by the series of support and resistance lines. Eventually the price will break through the pattern. Where will the price go after that? Only time will tell.-
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Chang Lin9
commented on
$Castor Maritime (CTRM.US)$ finally looks to rebound after crashing from $1.95 to $0.488 today. For people who are interested in shipping industry, some other stocks are much better/safer investment. Such as $Eagle Bulk Shipping (EGLE.US)$ below which had a high volume technical break out today. Other tickers include $(SBLK.US)$, $(NMM.US)$.
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$Futu Holdings Ltd (FUTU.US)$ broke through $164.5 resistance convincingly today and closed at $177.29 on much higher volume than last week. This is a true break out and now both daily and weekly charts look constructive. The only bad news is the announcement of new stock offering after the close and subsequent pull back, damn![]()
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Chang Lin9
commented on
$Futu Holdings Ltd (FUTU.US)$
Is FUTU making an inverse head & shoulder pattern? It must break the most recent resistance $164.5 to establish the upside trend. Weekly pattern also looks constructive.
Is FUTU making an inverse head & shoulder pattern? It must break the most recent resistance $164.5 to establish the upside trend. Weekly pattern also looks constructive.
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$Plug Power (PLUG.US)$
PLUG peaked in mid-January and has been making lower high and lower lows. Recent downward move started from 37.35, culminating breaking below 200MA today. It doesn't appear bottom is in any time soon.
PLUG peaked in mid-January and has been making lower high and lower lows. Recent downward move started from 37.35, culminating breaking below 200MA today. It doesn't appear bottom is in any time soon.
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