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What stocks are you looking over this weekend?

Discussion in 'Stock Market Today' started by bigbear0083, Jun 3, 2018.

  1. Onepoint272

    Onepoint272 Well-Known Member

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    ^ Regards MAG, I took profits on my Majestic Silver (AG) today at the close. The action in the silver futures helped to make my decision.

    On the daily chart of silver, the CD leg reached a onepoint272 (1.272) extension of the AB leg and closed with a selling tail. If you take a 0.618 retracement of AD you get 15.72 and if you take a 0.382 retracement of CD you get 15.57. Therefore the Fib confluence is 15.57 to 15.72 which coincides closely with the support line at 15.555. So for now that's the retracement I'm expecting. MAG and AG may very well hold the highs while silver goes through that retracement, but it's not likely they will advance without silver moving in the right direction.

    Silver futures daily bars:
    upload_2019-7-19_23-52-20.png

    On the intraday hourly (65-min, 60-min, 30-min works too) chart the change of character was obvious and a trading range (TR) may develop. Since there is strength in the background, if it develops, the odds favor it would be a re-accumulation TR unless proven otherwise with a sign of weakness in the right-hand side of the TR. But since the daily indicates a retracement to the 15.56 area, the TR may not even develop and/or could break lower. Also, the fact that for those last several hours it could not rally away from the danger zone is indicative of further decline....to the 15.56 area.

    Silver futures hourly (65-minute) bars:
    upload_2019-7-20_0-21-2.png
     
    #241 Onepoint272, Jul 20, 2019
    Last edited: Jul 20, 2019
    T0rm3nted, bigbear0083 and Bodacious like this.
  2. Bodacious

    Bodacious Active Member

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    Another that I wonder about where it goes.

    (INSG) Inseego, this company is tied into the 5G technology with (VZ) Verizon, and I've read that 5G is going to be full speed ahead starting now, the second half of 2019.

    Several catalysts recently:
    https://finance.yahoo.com/news/inseego-joins-russell-2000-index-123000238.html?.tsrc=rss
    “Inclusion in the Russell 2000 Index is a reflection of Inseego’s tremendous progress over the past year,” said Dan Mondor, Chairman and CEO of Inseego. “Being part of these indexes affords us greater visibility and investor support as we continue our focus on maximizing shareholder value through execution of our 5G and IoT device-to-cloud growth strategy.”

    https://finance.yahoo.com/news/inseego-rugged-skyus-500-router-123500633.html?.tsrc=rss
    The Skyus 500 gigabit IIoT 4G LTE-Advanced edge router byInseego Corp.(INSG), a pioneer in 5G and intelligent IoT device-to-cloud solutions, has been named “Industrial IoT Product of the Year” byIoT Evolution, earning a respected award as of one of the best, most innovative products powering the Industrial Internet of Things (IIoT).

    https://finance.yahoo.com/news/verizon-launches-exclusive-inseego-5g-110000405.html?.tsrc=rss
    NEW YORK, July 18, 2019 (GLOBE NEWSWIRE) -- Today, Verizon debuted its fifth 5G-enabled device with the launch of the Inseego (INSG) MiFi® M1000. When connected to Verizon’s 5G Ultra Wideband network, the device, exclusively available to Verizon customers, provides the large bandwidth and fast download speeds required for applications like 4K/8K video streaming, virtual reality and augmented reality (VR/AR), mobile workforce, industrial IoT and more.

    INSG.png
     
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  3. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Just filled the gap from last ER. Looking for this to pullback down to where it traded for this whole quarter. Next ER in a month.
    [​IMG]
     
    T0rm3nted likes this.
  4. Griff

    Griff New Member

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    I am looking at Allergan, because I am interested in ABBV. Essentially when Allergan merges with ABBV, you will get 0.866 shares of ABBV for eac hshare of Allergan, along with $120 per share of Allergan you own. That would mean you get about a 25% discount.
     
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  5. bigbear0083

    bigbear0083 Content Manager
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    Here is the market map from this past week (think i'm gonna start making it a regular thing posting this in here weekly as i do on r/StockMarket):

    [​IMG]
     
    Onepoint272 likes this.
  6. bigbear0083

    bigbear0083 Content Manager
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  7. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Looking at MU short. It got whacked down from $48, and no bounce last week.
    [​IMG]
     
    bigbear0083 likes this.
  8. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    ALXN has been putting out monster GAAP EPS numbers and increasing revenues, yet it's been stuck in a trading range and is only half price of what it was in 2015. Bottom of the range right now.
    Weekly chart because it's been a long trading range.
    [​IMG]
     
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  9. Bodacious

    Bodacious Active Member

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    ALXN----I just put an alert on it crossing below $86
     
    bigbear0083 likes this.
  10. bigbear0083

    bigbear0083 Content Manager
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    back to the top for this weekend
     
  11. fireopal

    fireopal Well-Known Member

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    TTD - out today b/f trump's craziness brought everything down. Thought about picking up some around close but waiting to see what Monday brings

    [​IMG]
     
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  12. bigbear0083

    bigbear0083 Content Manager
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    ^^ @fireopal good to see you chiming in here! :D
     
  13. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    TWTR with a deep cup and handle pattern, the handle pulled back to 20-week sma. Then it had a breakout above declining tops line; it pulled back to that line and held.
    [​IMG]
     
  14. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    CVNA actually had a good August.
    Monthly chart:
    [​IMG]
     
  15. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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  16. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    ANTM is a solid health care stock, health care being one of those things every consumer needs (more or less).
    They are guiding for $18.34 EPS this year, last two years were both ~$14 and t he three years before that were each ~$9.
    [​IMG]
     
  17. bigbear0083

    bigbear0083 Content Manager
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    ^^ good stuff marcy
     
  18. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Trucking company that has consistently grown revenues since 2010, yet currently same share price as in 2013. Just ignoring 6 years of growth.

    Weekly chart to see history:
    [​IMG]

    Daily chart for more recent detail, refilled a gap:
    [​IMG]
     
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  19. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Right at the bottom of an upward trend, and the lower half of a trading range.
    [​IMG]
     
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  20. SignalClub.io

    SignalClub.io Member

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    "SEP19 WK3" Fresh wkly S.C. Signals for discussion will be up during this wkend .
     

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