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Potential Trade Setups for the coming week

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Acacia Research Corp (NASDAQ:ACTG) Technical indicators are displaying good signs. Breakout watch over 5.29
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Knightscope Ord Shs Class A (NASDAQ:KSCP) Looks like a bottom formation in progress on the daily candle chart. A breakout over $3.33 on volume would send this flying. Technical indicators are also giving the first bullish signs. On watch.
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Mullen Automotive Inc (NASDAQ:MULN) poked through its EMA13 on good volume Friday. EMA50 or $1.34 is an important resistance that once broken, will set off a huge run up in stock, the 1st target would be $1.71 which is the last month’s high level.
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Coinbase (NASDAQ:COIN) needs to take out 64.09 in order to convince bullish buyers at these levels. Keep on watch.
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Bit Digital Inc (NASDAQ:BTBT) is on the verge of breaking this downtrend line. Long setup on watch.
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Neptune Wellness Solutions Inc (NASDAQ:NEPT) was added to my watchlist as a possible bottom bounce-play. The daily technical chart is displaying positive divergences on momentum indicators and with the stock in oversold territory, these are the perfect conditions for a short-term rally.
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/2022/07/potential-trade-setups-for-coming-week.html



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