CHTP
Now well over extended, this is still on watch for the fade entry. The high wave stick relative to the closing price is more confirmation that some retreat is still alive in the cards. Fade weakness cues (like green to red outright) or short spiking with dying momentum. This already happened Monday, but it may happen again, luck willing. Again, some resistance starting from around 4.25 to 4.50 so any squeeze might be endured for brave souls as long as it stays within those bounds.
CULBF
Daily doji print may be a clue to some much overdue profit taking on Tuesday. Fade weakness cues only. Volume is starting to wane, too. As always, the key is patient stalking and respecting the current conditions.
PCBC
This is another tempting chart, with clear technical resistance at around 1.40ish. A long on taking that and holds with volume and acceleration, a short on a failed test of that same level. The pattern here is crystal clear.
WAMUQ
Looking at a 6 month daily chart, as we did for this just a few days ago, tells a story of the current closing price level. Actually, the March high was 0.23 cents. Closed on hod. We either open flat and fail from this ceiling area for a fade entry, or we take and hold 0.25 with acceleration for a long. Guess which one I prefer?
SIAF
Pinkie facing another possible 1.00 test after reaching it today and closing just under there. 200 day SMA regained on the daily chart which is currently 0.96 ish. Long on a take and hold of 1.00 with volume and acceleration, and a potential short of a second failed test of the psychological buy/sell point of a buck. I always prefer clear technical or mental signal supported charts for play selections and most watchers!
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