Watchlist for Tuesday, July 28 PHUN INUV MESO IMBI MLND CEMI BKYI
PHUN ---> The base formation that chart is showing us still providing a great buy opportunity for traders! Price is now approaching of its uptrend line, which could push the price for a breakout!! Any break above 1.70 on volume, could make the price run hard! In my opinion, it could explode any moment!!
INUV---> Solid chart with a solid uptrend and the news that came out yesterday -- SC 13G Filed by Ionic Ventures LLC .... 5.65% -- could push the price to higher!! Trade idea is a buy at current level to catch a possible squeeze toward 0.80!! For stop loss, chart is suggesting if break bellow 0.56
IMBI ---> Price is breaking up a strong resistance area under high buying pressure!! It already left behind all majors moving averages and its down trend line! Over 4.00 it will gain large room to climb, so the trade plan is a buy at 4.02 to try 4.50 and 5.10!!
Stop loss i suggest 3.80
MLND ---> Price made a nice recovery with solid volume from last two days of drop, staying again, ready to break higher! Go long over 2.02 for 2.25 and 2.50!! Stop loss at 1.90
CEMI ---> As long as it stay inside of its base box, is a buy opportunity to catch the break higher! Targets 6.03 and 6.60!! Stop loss if break bellow 4.98
BKYI---> Alerted last week when offering ended and since then, price has been working in its recovery process! To help this recovery, company received some good news yesterday that could make the price goes north! So the plan is, for news entrys, is a buy at 0.81 for a move toward 1.00!! Stop loss at 0.76
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