I think that this will be a week without too much disturbance where OIL will continue to trade range bound and GOLD should do the same.
I do not expect that much of a swing anywhere but who knows.....things sometimes happen very fast.
My favorites for this week:
RAD (Rite Aid): it is still trying to get past its 2,45$ resistance but volume is still too low to have it goes over it. DO NOT SHORT as this one is getting dangerous and could explode with any good new.
F (Ford): continues to linger nowhere and i expect the fall will continue toward 10,50$ and maybe lower. Results were not good and there is no catalyst to change direction at this time.
GPL (Great Panther): drill results in Peru are looking ok and it could benefit from it this week.
GOOGL (Alphabet): I suspect it will get back to about 950$ this week but again this is another example or range bound trading.
AMZN (Amazon): Due to rebound toward to 1000$ mark and this could be the right week to accomplish it.
HOV (Hovnanian): continues to slide. No volume and going down. Not good. Could easily touch 2,01$ this week. If that happens and if it breaks the 2$, watch out. At this time stay on sideline.
EPO (Encanto Potash): still a strange game happening over this one. No way to know for sure what is right ans what is wrong. It is a wait and see game.
MEG (Meg Energy) It could suffer this week from 2 different things: profit taking and oil again in range bound trading pattern. Patience will be needed for the next rebound but this is an explosive stock
Have fun and never invest more than you can afford to lose.
I do not expect that much of a swing anywhere but who knows.....things sometimes happen very fast.
My favorites for this week:
RAD (Rite Aid): it is still trying to get past its 2,45$ resistance but volume is still too low to have it goes over it. DO NOT SHORT as this one is getting dangerous and could explode with any good new.
F (Ford): continues to linger nowhere and i expect the fall will continue toward 10,50$ and maybe lower. Results were not good and there is no catalyst to change direction at this time.
GPL (Great Panther): drill results in Peru are looking ok and it could benefit from it this week.
GOOGL (Alphabet): I suspect it will get back to about 950$ this week but again this is another example or range bound trading.
AMZN (Amazon): Due to rebound toward to 1000$ mark and this could be the right week to accomplish it.
HOV (Hovnanian): continues to slide. No volume and going down. Not good. Could easily touch 2,01$ this week. If that happens and if it breaks the 2$, watch out. At this time stay on sideline.
EPO (Encanto Potash): still a strange game happening over this one. No way to know for sure what is right ans what is wrong. It is a wait and see game.
MEG (Meg Energy) It could suffer this week from 2 different things: profit taking and oil again in range bound trading pattern. Patience will be needed for the next rebound but this is an explosive stock
Have fun and never invest more than you can afford to lose.
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