The TradeXchange

Friday, January 15, 2021

WATCH LIST 01/15/2021

 SPCE - Technical breakout on news that of ARKs planned Space ETF short term target $35. Anticipated breakout when stock returned to frontside in RSI and paid off.


APPN - MACD crossover, channel (127-172) breakout attempt, RSI 64 frontside, all three technical positive aspects paint a bullish picture. Long term target $230. 


XL- EV SPAC consolidating on pullback with solid support at $20 so far. If market conditions continue to favor EV plays, this SPAC stock stands to remount the $30's. 


 MVIS - Increase in upside volume with frontside action, potential MACD crossover and cup/handle pattern. Company was recently granted U.A Patent Titled "Variable Phase Scanning Lidar System". 


DGLY- Recent offering being well absorbed by the market, and  fair pricing in combination with a positive recent priced action make the stock favorable for a trade into next week's inauguration. Price Target $3.80 for the short term.


                                                   Not a financial advisor. Not investment advice.

                                                                          Thanks for viewing.