FSM looks like it might be setting up for a short squeeze here. The stock has a 50% short float and low float so any movement up will bring quick pain to the bears. Also stock seems to be basing at 2.60 and broke a short-term downtrend.
FBP: Broke out of ascending triangle and the breakout level at 6.14 level has held as support. Watch for a break of 6.25, potential target to 6.40. JMBA: Trendline support holding, short-term resistance at 2.90 with a longer term triangle at 2.90. Breakout above this level is bullish. DOX: Closed at 36.43 that top of its short-term ascending triangle....
OIS has climbed with this market but looks like it might be failing around 101.96. This has marked the high the last few days and OIS failed at this level yesterday, forming a weak shooting star candle. OIS also has formed two gaps, one a breakaway which started the upwards movement and now an exhaustion gap which could be...
YELP has ripped up about 20% since its gap up on May 1st. Since then it has not moved much since it made its high on 5/3. That being said it has been chopping around in a 4%-7% range which is a decent size range. What YELP has done is consolidated since its move and formed a triangle pattern, which is...
