Analysis: #NASDAQ

Case 494 #ARCABiopharma Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#ABIO 1/4 Image
Chart1
Daily Chart: An attempt to form a base is in process, #momentum is negative but rising slowly. Notable #resistance at 6.29 (Fib. 0.786) slightly above the June 2020 trendline at 5.93. A close/hold above synthetic and control at 8.82- 9.06 respectively is .....

ABIO 2/4
..... required to target 12.60 then 16.18. To the downside, #support begins at 3.36/26 (#Fib. 0.942 and #pivot) then the channel sloping at 3.04. And farther down below the Dec. 2018 #trendline support, currently, at 1.05.

ABIO 3/4 Image
Chart 2
8 Hour Chart: The #Strategy is printed on the image.

4/4 Image

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More from @malteseinvest

7 Oct
Analysis: #NASDAQ

Case 498 #Microbot Medical Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#MBOT 1/4 Image
Chart 1
Attachment 1
Weekly Chart: Holding up well - a break above the Dec. 2019 #trendline is required with a close/hold above balance point at 14.04 targeting Jan. 2019 trendline sloping at 20.93 (some profit taking expected here). A close above would .....

MBOT 2/4
..... target the first synthetic #resistance 32.49 then 41.54. To the downside, support at the Dec. 2018 trendline at 5.75 with the #Fib. 0.786 at 5.23. Farther down 2 control levels at 3.68 and 1.70, with the all time low at 1.38.

MBOT 3/4 Image
Read 4 tweets
7 Oct
Analysis: #NASDAQ

Case 497 #CleanSpark Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#CLSK 1/4 Image
Chart 1
Weekly Chart: A good reaction off the all time lows as a base appears to have formed, however, it's still too early to confirm. The clean break above the Nov. 2019 #pivot adds to the #bullish tone and the current objectives are 17.28 and 20.67 (the .....

CLSK 2/4
..... #SMA 200 at 21.07). A balance point at 26.43 is positioned above the June 2018 #trendline - a close above targets 34.50. #Support begins at the July 2020 trendline.

CLSK 3/4 Image
Read 4 tweets
6 Oct
Analysis: #NASDAQ

Case 496 #JOYY Inc. - REVISITED

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#YY 1/4 Image
Chart 1
Weekly Chart: All profits were taken on the May 19, 2020 analysis, assume position flat. June's up move stalled beneath the #Fib. 0.382 and has been trading in a $28 range ever since. Synthetic #resistance at 96.70 is formidable with control at 98.17 - a .....

YY 2/4
..... close/hold above the latter sees price running into minor resistance 101.07- 109.27 with a close above targeting 123.76. Support begins at the Mar. 2020 #trendline with the #SMA 200 attracting buyers. Below we note major #support into 71.40- 62.00.

YY 3/4 Image
Read 4 tweets
6 Oct
Analysis: #NYSE

Case 495 #Myomo Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#MYO 1/4 Image
Chart 1
Daily Chart: #Momentum is positive but flat, price is trading in a $3 range. The first #resistance is control at 5.54, then Mar. 2020 #trendline at 6.47. The Feb. 11, 2020 gap is still unfilled (11.31) and above that the first synthetic sloping at .....

MYO 2/4
..... 12.95, farther up the weekly Feb. 2020 #pivot at 15.68. For a complete #bullish outlook the price needs to close above synthetic sloping at 22.36.

MYO 3/4 Image
Read 4 tweets
5 Oct
Analysis: #NASDAQ $UAL

Case 493 #UnitedAirlines Holdings Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#UAL 1/4
Chart 1
Monthly Chart: The complete breakdown seen in Q1 2020 found buyers positioned around the May 2012 #pivot and #Fib. 0.786 at 23.14. The reaction has been anemic - a close/hold above 40.87 is the minimum requirement needed .....

UAL 2/4
..... to halt downside pressure. Major #resistance is seen between 61.92- 73.89 above 2009 #trendline at 55.86. To the downside, a close below 25.17 will run into strong buying interest noted between 14.62- 11.11

UAL 3/4
Read 4 tweets
2 Oct
Analysis: #NASDAQ

Case 492 #Catalyst Pharmaceuticals Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#CPRX 1/5 Image
Chart 1
Weekly Chart: Price is being held down by the #SMA 200 and is about to run into 2016 trendline #support at 2.74 with good buying interest at 2.38/19. Below the Mar. 2017 #pivot at 1.95 and farther down synthetic sloping at 1.50 with control at 1.47. To .....

CPRX 2/5
..... the upside, notable #resistance seen at the #Fib .50 at 4.13 (bottom of May-July range) then Sept. 2019 #trendline resistance at 4.44. Sales and profit taking has been consistent and constant into 5.06/19 and higher up the #confluence of .....

CPRX 3/5
Read 5 tweets

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