Weekend Watchlist PLAY NTNX ORTX MARA PRTY CIDM RMBL BBI JOB GLBS RRGB

 

Dave & Buster's Entertainment, Inc.

PLAY ---> Solid chart, strong Breakout on high volume, lots of positive divergences on chart and lots of short players ready to be squeezed . Clean room ahead to it's 200 Moving Average. Trade idea suggested with a buy at 17.60, target 24. 00, stop loss 13.30






Nutanix, Inc.

NTNX ---> Massive Accumulation on Nutanix. Called it on chat room when price entered in the gap. If this momentum continues, it should close the gap easily. Trade idea suggested with a buy at 28.53, target 32.00, stop loss 26.40!!






ORTX ---> Another one mentioned on chat room. Price rose more than 18% on strong volume, making what I call, a well sustained breakout box. Next major resistance is now located around 8.00, giving us a nice room to climb yet. If momentum remains, it should hit the target easily. Trade idea suggested with a buy at the 6.60, stop loss at 6.00!







MARA ---> Price is forming a solid base well above it's 50 moving average. On, Friday, it surged on scanner with high buying pressure, which lead me to believe that we may have here the beginning of a rebound. Trade idea suggested with a buy at current level to get it's 20 moving average. Stop loss at 2.08






Party City Holdco Inc.
PRTY ---> I've been mentioning this one since it broke above it's 200 Moving Average. Price finally is where I wanted, with huge and clean room ahead. Next week will be very interesting. 




CIDM ---> Price is on Load Up Zone and had news o Friday, watch here. Trade idea suggested with a buy at current level for the break above its 200 Moving Average and target 1.24! Stop at 0.83




RMBL - - - > Price made another sweet breakout on volume. Chart speaks for itself! Trade idea suggested with a buy at 42.00 for 50.00! Stop loss at 37.18




BBI ---> Nice pop from bottom, crossing and closing above its 50 moving average on strong volume! With buyers around, is expecting continuation! So, trade idea suggested with a buy at 0.97 for 1.11 and 1.24!! Stop loss at 0.90!




JOB ---> GEE Group is trading now above all major moving averages and above its Down Trend Line Resistance! Is setting up to start a new uptrend! Trade idea suggested with a buy at 1.17 to catch the upside movement!! First target 1.65!! Stop loss at 1.00




Globus Maritime Limited
GLBS ---> High Accumulation stage on Globus Maritime! Price is forcing the break above its 20 moving average! When do that, as low floater and highly shorted setup, if could fly higher! Trade idea suggested with a buy at 0.145 for 0.17 and 0.22! Stop loss at 0.127




RRGB ---> This low floater and highly shorted setup ran on Friday under heavy volume, buying pressure and a unusual call options activity! Also, price closed the regular trade session near of high of the day!! With traders holding up their shares, on Friday, only mean one thing, that is setting up to burn short players next week! Trade idea suggested with a buy at 11.30, for the break above its Down Trend Line Resistance and catch a possible short squeeze!! Targets 14.00, 16.00 and 18.00! Stop loss at 10.90!





The charts posted above are merely my techical opinion. Not advice or recommendations. Only ideas. If need you some support or help, please join on FonsieTrader Private Twitter and Chat Group 

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