Good morning, VERU has been holding well in a Fibonacci setup and now we know why. News is out this morning and it's good. The stock is currently up 12% trading above $13, I'm looking for a retracement above $12 and then a move to $20, if it can break $15.
VEON above $.60 I like to $.80 and think it lands around $1 soon. I am nearly certain I'll take a swing on this one, this week.
WBEV, SEV, and VINE are several stocks that popped out of oversold recently that I really like on a higher low setup using their recent lows, before the pops, as the stop loss. 20% goals on these would be the target.
ABOS is a sleeper biotech I think has big upside to $10. Probably more of a multi-week hold here less we were to get lucky with news.
BONUS: PRPL $4 Calls 2 months out could be fun, I think they have a good brand and have used the product, which are fairly priced for how nice they are.
Finally, swings have been hard in this choppy market, but a few names I love long-term are SIEN and WEAV at these levels. I agree, long-term isn't really our focus but overtrading in choppy markets will chew ya up, so these ideas seems depressed enough where I could sit, at these prices, for quite some time and anticipate a possible double if I'm right.
Optimistic trader!  Jason Bond |
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