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

Here are some Trade ideas for the last week of October 2021

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

Dearest readers, followers and friends, 

I hope everyone is enjoying a great Saturday with family and friends. Im sure you are eagerly awaiting the market’s open Monday and getting ready to start the week with a profitable trading session. 

Friday was probably one of my best trading days in recent memory. Too many big winners in just one day. Honestly, I never saw so many stocks getting halted on circuit breakers in a single day. Even if you didn’t catch a stock winner, don’t give up, everyday trading week is a new week, a new beginning, so start fresh and keep smiling, because you never know what the market has to offer for you. Do not be hasty to buy or sell a stock, every day there are new opportunities to make money. Being patient is the key to the success of any trader. 

“With patience and discipline, you can take much more from the stock market than you ever gave”. Put this sentence in front of your screens !! 

Trading stocks is not easy for beginners or professionals, it is really very hard and requires a lot of attention and knowledge. If stock trading was easy, everyone would be doing it. You can be successful at the stock market, with patience, discipline and a good trade set-up. The key objective is to make money and not lose it. 

I just want to make this clear. I have never been paid to promote a stock/company, and I never will. All of my stock picks, technical analysis, and posts are crafted utilizing my own knowledge and experience. I thank you for coming here and reading what I have to say about stocks on a technical level. 

I will also take this opportunity to inform you that my Twitter profile has been cloned over the past weeks/months by imposters that duplicated exactly all my tweets, images and purchasing followers to be popular in the eyes of newbie investors. These scam artists are trying to use my name and send people messages to sell products. I will NEVER ask you for money. 

Please be aware: 

- I just have 1 Official Twitter account @ACInvestorBlog currently with +165000 followers 

- 1 email account antonio.mrcosta at gmail com 

- 1 blog and 1 verified Stocktwits account with nearly 115000 followers. 

Everything that you find on the internet that does not match these metrics are not mine and please block and report these scam artists to Twitter. Together we can win this fight or minimize their strength. I continue to receive a lot of emails everyday, sorry for the delay of reply, i’m doing my best but I don’t have time to answer everybody’s questions about trading or anything else. 

These are the 3 essential financial tools that I use on a daily basis: 

TradeIdeas: It is a scanning tool that all traders should use. Grab the weekend opportunity and save more (25% off) on any subscription only until midnight Sunday by using this code TESTDRIVE25 Click HERE

Benzinga Pro: It is a streaming platform that contains all the information you need to invest smarter today. Sign-Up For Benzinga Pro HERE 

TheTradeXchange: TradeXchange is another online financial media outlet that delivers real-time news headlines that usually hits the wire fast enough to be an actionable trade idea. Click HERE 

Here are some Trade ideas for the last week of October.

( click to enlarge )

If you paid attention to Thursday’s alert and got into Phunware Inc (NASDAQ:PHUN) ten minutes before the close when I said “Added $PHUN on pullback at 1.47 thank you”, congratulations! The stock had a very productive day on Friday as we saw gains of over 1000%, completely insane. The DWAC euphoria grabbed the market’s attention also on this name and the stock surged like a missile. I have to say, I sold it too early but for me a profit is always a profit, and everytime i initiate a trade, my strategy is automatically in mind, and usually I never change. A break above this short-term downtrend line on the 5m chart could trigger further upside recovery testing the $11 area. I’ll be watching the stock on Monday, looking for a possible follow through move. This stock will move quickly and is very volatile, so be careful with your share size and entry price.
( click to enlarge )

Remark Holdings Inc (NASDAQ:MARK) posted a 138%+ gain on Friday to close over $2.17 a share. Is continued gains in the cards or was Friday’s rally just a quick pop before a sell-off ? Honestly, I think there are more gains to be had, and would look for any pull-back to possibly grab a few more shares. From a technical standpoint, the stock broke out of a descending channel formation that captured the mid-2021 bearish momentum on massive volume, signaling that a reversal is underway. The stock is now above all major exponential moving averages and if the upward trend can continue for another week and the EMA50 can cross on top over the EMA200, then the stock will be ready for another big rally. Next major resistance lies at $2.89 The same advice for MARK as i did for PHUN “This stock will move quickly and is very volatile, so be careful with your share size and entry price”.
( click to enlarge )

Digital World Acquisition Corp (NASDAQ:DWAC) Price needs to break this sideways range in order for me to get back into a short-term directional trend. Momentum oscillators are presenting a mixed picture.
( click to enlarge )

Takung Art Co Ltd (NYSEAMERICAN:TKAT) is looking good to me with all this NFT hype. I’m very pleased about how the stock has pulled back to its major support zone after its large move in the middle of August. For the coming week, a breakout above the 8 level would signal the start of a new uptrend that could potentially test the recent highs around the $14 area. You do not need much digging to see that the stock has very strong bounce potential here JMHO On watch.
( click to enlarge )

Silverback Therapeutics Inc (NASDAQ:SBTX) Price has made a new low but reversed it by closing above 9.10 again. There was clearly more buying than selling on Friday. Company has a good pipeline, cash on hand and a great CEO with huge experience (she led Synthorix into its acquisition by Sanofit). According to analysts’ consensus price target of $51.80, Silverback Therapeutics has a forecasted upside of 452.2%. I have been accumulating this stock.
( click to enlarge )

Blackberry (NYSE:BB) pulled back before the weekend, getting rejected by the $12 area and falling to about 10.9 on Friday. I think this pullback is a great opportunity to enter. I’m playing it for another BIG pop.
( click to enlarge )

Orphazyme A/S (NASDAQ:ORPH) I suggest you keep this stock on your radar. At some point I think it will post another impressive rally.
( click to enlarge )

Wisekey International Holding AG (NASDAQ:WKEY) another NFT play that was added to my watchlist again as a possible bottom bounce-play. The 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. Squeeze over 6.50
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.



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


    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

    Load more ...




    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.