Watchlist for Wednesday, September 30 BBI SOLO WYY UUU SEEL UONE CARV AIKI JMIA
The charts posted bellow are merely my opinion and technical view! For a complete support join on team HERE!! Good luck all
BBI ---> Shares of Brickell Biotech are setting up to leave the bottom and take off! Price, which is going through some high volume accumulation, crossed and closed above its 20 and 50 moving averages. Also, all technical indicators are displaying positive divergences! So, trade idea suggested is a buy at 0.90 for 1.00 and 1.10! Cut losses if it break bellow 0.81
SOLO ---> Electrameccanica Vehicles is a very nice small cap acting in the area of electric vehicles, among others! Technically, this setup found strong support around 2.35 and price seems gaining some traction when trying to break its 20 moving average! Plus, the technical indicators are displaying solid positive divergences and it has too, very interesting call options for 3.50! Once the EV sector has been under strong interest lately by investors and traders and as SOLO being an old runner, the trade idea suggested is a buy at current level to get 2.84 and 3.25 as initial targets!! Cut losses if it break bellow 3.34!
WYY ---> Shares of WidePoint Corp are setting up to break up its 200 and 20 moving averages and move on! With a solid uptrend, a trade here is easy! Trade idea suggested is a buy at 0.55 for 0.61! Cut losses if price break bellow 0.48!
UUU---> With only about 2 Million of float shares, this setup broke up its Down Trend Line and its 50 moving average on decent volume! Its next major resistance areas are located at 2.28 and 2.60! Trade idea suggested with a buy at 2.01 to try that resistance areas! Cut losses if break bellow 1.76!
SEEL ---> Impressive rally in the last two days! Shares of Seelos Therapeutics rose more than 33% in last trade session with a monstrous bullish volume, crossing and closing well above its 50 and 200 moving averages and near of high of the day! This type of action is telling us that buyers are holding strongly their positions, expecting more upside movement! As alerted on Private Twitter and Chat room, the trade idea that I suggest is a buy at 1.07 for 1.20 as initial target! It has the potential to go further! Cut losses if it come to its 200 moving average!!
Urban One, Inc.
UONE ---> Price is gaining traction again from the top of its 200 moving average showing that momentum remains strong, giving us another buy opportunity here! Trade idea suggested with a buy at current level to catch the break above is 50 moving average and possible squeeze toward 13.00! Cut losses if break bellow 5.29!
CARV ---> Shares of Carver Bancorp are setting up for rocket type movement! Trade idea suggested with a buy 8.00 for 9.20 and 11.35! Cut losses if break bellow 6.90!!
AIKI ---> Shares of AIkido Pharma is setting up to break above this small falling wedge! If do that, it will gain 31% of room to climb toward its 50 moving average! Trade idea suggested with a buy at 0.62 for 0.71 and 0.80! Cut losses if break bellow 0.58!
JMIA ---> My big bet for this week! I´m seeing big volume coming in, again, into the stock which allied to high volume of call options lead me to believe that something could be on the verge! Also, technical indicators are displaying strong positive divergences, meaning that momentum is coming back! This tiny floater setup is ready to explode! Trade idea suggested with a buy at 8.23 to catch a possible squeeze toward its 50 moving average! Cut losses if break bellow 7.29
Call options on Jumia Technologies
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