Watchlist for Monday, September 28 MARA NURO BOXL SCON CLSK PEIX AXGT
The Charts posted bellow are merely my technical view and opinion! For a complete support, join on team HERE
MARA ---> Shares of Marathon Patent Ground seems found strong resistance area around 1.40 level! Buyers already started to jump in and price seems now ready to break higher! Plus, all technical indicators are curling up, meaning that bullish moment is backing to stock! Trade idea that I suggest is a buy at 2.05 for 2.42 as initial target. Cut losses at 1.89
NURO ---> Shares of Neurometrix showed on Friday high relative strength as price jumped more than 11% on solid volume from its base formed around 1.40 level! With price gaining strong momentum, worth watch closely for a possible breakout! So, trade idea suggested is at 1.86 to catch the break above its 50 moving average and possible squeeze toward its 200 moving average! Cut losses if come down bellow 1.74
BOXL ---> Nice reaction by Boxlight Corporation to it´s 20 moving average, which made price rose more than 14% on strong volume!! With trend on chart curling up and momentum coming back, this setup seems to have legs to run! So, trade idea suggested is a buy at 1.72 for 2.00 as initial target. Cut losses if it come down bellow 1.64!!
SCON ---> As we can see on Volume Indicator, Supercondutor Technologies has been under strong accumulation! Plus all technical indicators are starting to display Buy Signal! The pullback, after touched the 200 moving average, is giving us a great opportunity to load up again! Buyers are in charge! Trade idea suggested is a buy at current level to try again the 2.96 break! Cut losses if come down bellow 2.07
PEIX ---> Pacific Ethanol is a a great example of a setup under heavy volume accumulation!! With a strong uptrend, guided by its 20 moving average, the pullback occurred in last days, in low volume, is a great chance for us! I will not surprised if we see 11.00 in next coming days!! Long at current level, cut losses of break bellow its 20 moving average!!
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