For you gamblers out there that are looking for a thrill, here's a few penny stocks that are setting up in nice patterns.
Should you decide to play these, prepare to lose everything as they are penny stocks for a reason.
The first one is Amedica (AMDA). It's been forming a series of wedges which have a pattern so far of lasting 4 days. The idea is to buy near the bottom of the consolidation pattern in the .385 to .40 range over the next few days.
Click on charts to enlarge view:
The next one is DirectView Holdings (DIRV). They are allegedly collaborating with XG Technology (XGTI) on a body camera of sorts.
DIRV has been trading in a tight range over the last 2+ weeks and showing signs of volume accumulation, while the Bollinger Bands are starting to pinch. Here's the setup.
Lastly here is the chart of XGTI that I posted a couple days ago on Twitter. It has since broken out but looks like it still has room to run.
Updated XGTI chart.
Should you decide to play these, prepare to lose everything as they are penny stocks for a reason.
The first one is Amedica (AMDA). It's been forming a series of wedges which have a pattern so far of lasting 4 days. The idea is to buy near the bottom of the consolidation pattern in the .385 to .40 range over the next few days.
Click on charts to enlarge view:
The next one is DirectView Holdings (DIRV). They are allegedly collaborating with XG Technology (XGTI) on a body camera of sorts.
DIRV has been trading in a tight range over the last 2+ weeks and showing signs of volume accumulation, while the Bollinger Bands are starting to pinch. Here's the setup.
Lastly here is the chart of XGTI that I posted a couple days ago on Twitter. It has since broken out but looks like it still has room to run.
Updated XGTI chart.
No comments:
Post a Comment