Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By AC Investor Blog (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Big, Mid and Small caps to watch next week

% of readers think this story is Fact. Add your two cents.


( click to enlarge )

Thermogenesis Holdings Inc (NASDAQ:THMO) Get ready for take-off. This company has built up a strong COVID news profile and this has bled into its technical setup. The biggest catalyst though is THMO’s trading price. At less than $3 it is being touted as the discounted play of the month so far. The strong mix of pattern and positive divergences on key momentum indicators has given the stock very strong upside potential. I suspect it won’t be off the list of many potential buyers. The bounce potential in the play is huge, relative strength is pretty much neutral and liquidity is quite strong. Most importantly, it has been forming a large falling wedge pattern, in play for almost 3 months confirmed by the bounce at the bottom a few days ago, but now it seems like THMO managed to close outside of it and will start a new market cycle possibly. A look at the oscillators still indicates an overall bullish setup with stochastic and RSI both indicating strengths. Trading volumes have been strong since the past few trading sessions, which is also a clear indication of higher participation in the stock. This could break north so be ready.
( click to enlarge )

After a long stint stuck under $2 per share, ADiTx Therapeutics Inc (NASDAQ:ADTX) finally broke out to the upside with some authority. I believe there are still plenty of profits on the table for the stock and that’s why I’m bringing it to your attention once again. It closed up over 12% on 4M shares traded, one of the highest-volume days of the year. Long positions can be considered with a stop loss of 1.84 on a daily closing basis. Initial targets are 2.84 and 3 From a technical perspective the MACD is rising in negative territory and RSI is again moving upward.
( click to enlarge )

Boeing (NYSE:BA) The declining 100-day exponential moving average has been a strong wall over the past months, but it’s likely to be broken soon. BA needs to take out $173.4 with vengeance. The break of the resistance line with heavy volume should be the next buy point. The stock is setting up for a strong move soon. Check out the volume on the daily chart as it approaches the top. One to watch next week for sure.
( click to enlarge )

Catalyst Biosciences Inc (NASDAQ:CBIO) has been on a remarkable run in the last trading sessions. The long-term trend is turning positive as the stock is back above the 200-day exponential moving average. However, since RSI is approaching an overbought level there may be a chance of short correction and for now $6.50 level will be hard to break.
( click to enlarge )

Hertz Global Holdings Inc (NYSE:HTZ) Trading range for the next trading session is seen between 2.30-2.75 and either side break out will give clear direction to the prices. HTZ will move quickly, so keep it on your screen on Monday.
( click to enlarge )

XpresSpa Group Inc (NASDAQ:XSPA) stock is backtesting both its short-term EMAs and recently broken uptrend line. If the stock can decisively break 2.25, it could run to 2.55-2.63 before a possible test of the recent highs. Bulls will note that the stock is still quite oversold, but the stock will need to break and hold its 50-day EMA in order to set the stage for a move higher.
( click to enlarge )

Beasley Broadcast Group Inc (NASDAQ:BBGI) Despite the slow market action on Friday, BBGI’s stock performed well relative to the whole market. From a technical standpoint, it looks like a bottom formation here. A breakout over $1.41 with strong volume would send this flying. Long setup on watch.
( click to enlarge )

Gogo Inflight Internet (NASDAQ:GOGO) is coming up to a big level, as the stock is near its recent highs around 11.25. I’ll be watching this stock closely next week as I expect to see a strong move once the stock breaks through resistance. A move past $11.25 would be a strong indicator of a further uptrend in the stock. The technical daily chart shows a continuation of the uptrend with MACD and RSI in the Bullish areas. On watch.
( click to enlarge )

Lazydays Holdings Inc (NASDAQ:LAZY) stock hit a new high and continues to draw interest. I would keep a close eye on this stock going forward it may make for a great trade. As long as the stock stays above $16.26, the bullish scenario is still intact. From a technical perspective, the chart shows very strong bullish signs. The stock is trading above all major EMAs with both moving average pointing upwards. Additionally, the accumulation/distribution line still shows the stock is on the positive swing. Friday’s high was $17.69, which is resistance for the follow through move. If the stock can break through this level, expect to see heavy volume drive the stock higher. Long setup.
( click to enlarge )

ProPhase Labs Inc (NASDAQ:PRPH) broke out and never stopped all day. There is a good chance the stock will continue to move up. Could squeeze over 7.49
One of my Favorite Tools for trading: Trade Ideas is one of the Top Scanning Tools available that i use everyday. Click HERE to see the pricing options that Trade Ideas offers for subscriptions.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.


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/2020/10/big-mid-and-small-caps-to-watch-next.html



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Lion’s Mane Mushroom Nootropic

Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, But it benefits growth of Essential Gut Flora, further enhancing your Vitality.


 


Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity.


Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins.


Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system.


Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome.


Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function.


Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.