My Watchlist for Monday, October 10
- My system detected unusual call buying in the Oct/Nov 5 and 7.5 calls respectively last month
- Steady accumulation on charts – All short-term EMAs are now rising.
- The company is trading below cash per share.
- It recently broke a bullish flag higher, so a new leg up could possibly be a measured move of that same extent, as chart shows. At this point I see another potential major rally right around the corner.
- Most importantly, on September 8th, the company announced that its Board of Directors has initiated a review of strategic alternatives for the company focused on maximizing stockholder value.
As i said several times on twitter, I still holding my shares because i do think it could reach the $2 price level or more in the coming sessions. Be sure to get it on your radars. Im long and I have a stop located at 1.24
If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email
Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don’t consider buying or selling any stock without conducting your own due diligence.
Thanks for visiting AC Investor Blog.
AC
Source: http://ac-investor.blogspot.com/2016/10/my-watchlist-for-monday-october-10.html
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