Watch List Going into 2017:
LEI: Has a history of popping around low volume 1.2 and 1.1 range, risk/reward ratio solid in those ranges. Ease of entry fairly healthy and past performance history of popping established. Possible catalyst is short covering. Market environment seems fairly strong for crude going into new year.
LCLP: Starting to find strong support around .02 range, risk/reward ratio looks relatively solid considering the current share structure and 52-week high of 76 cents. Proven to have big catalysts in news recent past: http://www.prnewswire.com/news-releases/life-clips-enters-into-license-agreement-with-hp-inc-to-design-manufacture-and-distribute-hewlett-packard-branded-action-still-dash-cameras-accessories-and-media-cloud-storage-300346577.html Potential to be a big runner for 2017
ATEC: Has a history of strong support in mid 3 range as seen last August, risk reward seems fairly strong. Ease of entry and exit is healthy. Past performance shows potential reversal after bottom around low 3 range. Possible reason also insider buys.
OPTT: Has a history of trending lower after a nice consolidation period. Healthy trend lower last few days going into new year. Last 45 days has fairly good support around 3 range. Ease of entry and exit good with a fairly small share structure. Potential good dip buy going into 2017 considering more optimistic outlook for energy than last year.
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