Winning Patterns

New 55 Day High with 200% Plus Volume and
MINIVERNIOBV with ADX(14)>30

CETX - a look back at the previous pattern

June 2, 2016 CETX had punctured 200SMA after 178 days or 8.9months of VCP(Volatility Contraction Pattern). This was accompanied with heavy volume at 1.95M exchanging hands. The next day it was followed with another green candle sitting above 200SMA. Such candle confirmed the breakout at 200SMA with a volume of 912.48K half less than the 1.95M. The breakout is a breakout at $2.50. Such breakout was actually the start of the run upward which went as high as   $8.25 for the next 10.7months.

Today March 23, 2018 Friday, CETX seemed to have exhibited the same pattern.
Here are the charts.

June 2, 2016 Breakout on 200SMA. The breakout of 200SMA was followed by a breakout at $3.00. The $3.00 became the base line for the VCP formation for 18 days until it gapped-up hitting $4.00. The tip of the breakout inverted hammer or the mid section of the tail of that hammer is the good position for a buy during the next day's confirmation.

March 23, 2018 Breakout on 200SMA. Here the inverted hammer had actually closed above the 200SMA. But we still need to confirm if this breakout is not a false breakout. We have to wait for the next candle to form. This breakout is also a $3.00 breakout but with the bigger body of the candle still submerged below the $3.00 mark. So what we need to see is the confirmation that the next candle will have the entire body above this $3.00 mark. Mind you, the volume is only 534.6K. We need a confirmation volume that will push this higher.

Here is the closer look of the 2 similarities. Same as the previous move, the good entry point would be around $3.00. But let us wait what will happen the next day.

DropBox IPO Debut and the lesson you can use from FB, SNAP, BABA and SQ

One of the famous internet shared space for common people and even to offices of big companies is the so called DropBox. The company had grown so big now as to make itself into a public company. It had just its public debut today opening at $29.00 and reaching a high of $31.60 but pulled as low as $27.84. This is amidst the news of facebook having its 50 million user profile harvested illegally by Cambridge Analytica  used for political fake news propaganda. The scandal had brought a sell-off frenzy among the scared and angry users which also reverberated among the other social media giants like google, twitter,  and even tesla had been affected too. Elon Musk even released a tweet of deleting his Tesla and Space X Facebook pages with 2.6 million followers. That's why DropBox CEO Drew Houston was trying to state in his address "user trust".

And here's the chart of the new IPO.

SNAP in its public debut went as high as 26.5 from it's $24.00 opening price. It went down as low as $23.50 and closed at $24.48. The next day it went as high as  $29.44 and went down all the way to $11.28 within 6 months time. That is where it bottomed for another 6months until it went back up to a high of $21.22. We might be seeing the same scenario with Dropbox here.

The huge gap-up of SNAP on Feb. 7, 2018 was fuelled by the turn around of its profitability. The sell-off after this gap-up is probably caused by those who had bought previously at the waterfalls of the price and would just like to get rid of SNAP stocks. The Market Maker will have to absorb all these until this gap would probably close before the stock can hit its gas to pump up higher. One of the article of yahoo today was actually telling investors to learn from facebook, alibaba and square before starting to buy dropbox. And that would be the same thing I would do. Maybe the best play you can do for now with dropbox is actually on the short side for 6 months. This would be a nice gain on the downside.

BABA on the other hand from it's public debut of a high of $92.70 went down after 12 days to as low as $82.81 then came back up to hit a high of $120 for the next 20 days. From there onward it just went as low as $58.00 for the next 11months. Then it rose to as high as $86.35 but then went back down to $59.25 for the next 4months forming the double bottom Feb. 9, 2016. It was from this time onward that it started rising and never looked back hitting as high as  $200.00.

Here are the charts of Baba.

And here are the charts of SQUARE. Square is much the same as with the rest too. It went down twice as low as $8.27. This low had been tested 4x, confirming the bottom. It was from there that it started picking up and never looked back reaching a high of $58.46

IPOs like this always tanked to the price the investors are willing to start holding. Based on my observation. After the bottom like double bottom formation it will start to rally and form a VCP (Volatility Contraction pattern) where the price merge slowly in the middle for few months and then breaks with a Gap up and huge volume or after a small breakout it is till followed with a Gap up and a hug volume with price breaking the 200SMA. Then the 4 simple moving average will line up parallel to each other. The 30SMA above the 50SMA, then 150SMA below the 50SMA with the 200SMA all below the rest of the other SMAs.

The Power of Women - VERU - female condom stock

One of the thing that fascinated me to cast my money into this VERU stock is the fact that women are very powerful buyers. VERU around Nov. 30, 2017 stated that they do not have the money to spend for advertising. Women from Health Industries complained about this, that VERU should be spending in the social media to create awareness for women and help in promoting educational classes for safe sex. The awareness is not that much but it seemed that the stock is picking up now that the product can be accessed online, retail stores and pharmacies with the ability of getting Insurance plan to pay for it. More detail can be found on thebody.com "What is the future of the female condom?" Women should not only buy the FC2 female condom but should also buy the stocks of VERU. They will somehow enjoy with pleasure the wonderful product at the same time enjoy the benefit of owning part of the company that promotes healthy living for women. 

With the problem of AIDS as well as other diseases transmitted via sexual encounters, one could not just rely on having the male to bring their own balloon. Women are now pro-active without using the pills that may sometimes cause side effects. Here's the new product for women that can help them enjoy intimacy without any pills at all and without having to depend on the guys they make love with. Buying this product is a must for every women, especially if they are sexually active and do not want the possibility of pregnancy. But buying the stock of this company who is producing this FC2 product is not only pleasing but also rewarding. Currently, the stock had rallied from its former low of $1.00 and now had just broken out the $2.00 mark. It looks like it is now being supported by big institutions as you can see those heavy volumes of buying Sep. 27, 2017, Dec. 13, 2017, Jan. 2, 2018, March 16, 2018 and March 20, 2018. Finviz.com has a target of $5.00 for this stock. If you position at this time with 1,000 shares at $2.17 that would be a gain of $660.00. But this stock is a revival stock which used to enjoy $10.00 a share. This may still have the potential to go back up to that level after resurrecting from $1.00 a share.

Be safe and have VERU FC2 and buy its share to make money off of it as well.
Here's how it's chart look like.

Ticker	VERU [NASD]
Company	Veru Inc.
Country	USA
Industry	Drug Manufacturers - Other

Market Cap	99.59M	EPS (ttm)	-0.27
P/E	-	EPS this Y	36.40%
Forward P/E	-	EPS next Y	42.90%
PEG	-	EPS past 5Y	-19.80%
P/S	7.66	EPS next 5Y	-
P/B	2.32	EPS Q/Q	-81.60%
Dividend	-	Sales Q/Q	-18.80%
Insider Own	16.00%	Inst Own	4.30%
Insider Trans	-	Inst Trans	-4.19%
Short Float	0.76%	Earnings	Feb 14/b
Analyst Recom	2.00	Target Price	5.00
Avg Volume	116.64K	52W Range	0.90 - 3.00

The EPS Q/Q (Quarter per Quarter) and the Sales Q/Q are all negative. But based on the price action and volume, there is a sign of accumulation and buying from the big guys. They must have felt the bottom of VERU had been established already and they are now buying more shares of this company. All you can do is ride with the tide of buying from these guys and you are good to go. You can use your own RRSP or perhaps your own TFSA for this. That's power of being pro-active in healthy living but also power in self investing on the things you ordinarily use. This is the power of women.

100-120 Days or 5-6months VCP Stocks

PSTI

Ticker	PSTI [NASD]
Company	Pluristem Therapeutics Inc.
Country	Israel
Industry	Biotechnology

Market Cap	159.57M	EPS (ttm)	-0.31
P/E	-	EPS this Y	-8.90%
Forward P/E	-	EPS next Y	-6.10%
PEG	-	EPS past 5Y	1.10%
P/S	3191.47	EPS next 5Y	-
P/B	4.09	EPS Q/Q	4.00%
Dividend	-	Sales Q/Q	-
Insider Own	2.30%	Inst Own	4.20%
Insider Trans	-2.64%	Inst Trans	-1.58%
Short Float	1.76%	Earnings	Feb 28
Analyst Recom	2.00	Target Price	3.83
Avg Volume	281.78K	52W Range	1.06 - 2.12

HSGX

Ticker	HSGX [NASD]
Company	Histogenics Corporation
Country	USA
Industry	Biotechnology

Market Cap	71.92M	EPS (ttm)	-1.00
P/E	-	EPS this Y	-2.10%
Forward P/E	-	EPS next Y	10.00%
PEG	-	EPS past 5Y	22.70%
P/S	-	EPS next 5Y	-
P/B	-	EPS Q/Q	-118.10%
Dividend	-	Sales Q/Q	-
Insider Own	13.86%	Inst Own	60.60%
Insider Trans	0.00%	Inst Trans	11.62%
Short Float	0.16%	Earnings	Mar 15/b
Analyst Recom	1.60	Target Price	5.50
Avg Volume	155.35K	52W Range	1.55 - 3.35

UTSI (120 days)
October 6, 2017

Ticker	UTSI [NASD]
Company	UTStarcom Holdings Corp.
Country	China
Industry	Wireless Communications

Market Cap	186.84M	EPS (ttm)	0.20
P/E	27.01	EPS this Y	327.30%
Forward P/E	-	EPS next Y	-
PEG	1.23	EPS past 5Y	-22.82%
P/S	1.91	EPS next 5Y	22.00%
P/B	2.08	EPS Q/Q	-
Dividend	-	Sales Q/Q	11.00%
Insider Own	51.46%	Inst Own	35.30%
Insider Trans	0.00%	Inst Trans	-0.16%
Short Float	0.30%	Earnings	Mar 16/b
Analyst Recom	2.00	Target Price	5.00
Avg Volume	120.77K	52W Range	1.80 - 6.51

Feb 7, 2018 of TAT might take the same run as with UTSI Mar. 31, 2017

It seemed like UTSI, TAT is looking at 200SMA support(orange line). As soon as UTSI touched the 200SMA, it propelled upward to hit the previous high of the wick on the long red shooting star or inverted hammer at $2.40. From there it retested the 200SMA and went as low as $1.97 just 6cents shy from the previous low of $1.91. From this support it rallied back up breaking out the previous 2 highs of the red candle and the secondary top formed. After the breakout with a heavy volume it went as high as $6.00. Hopefully this is the pattern I am looking for TAT.

Ticker	TAT [NYSE]
Company	TransAtlantic Petroleum, Ltd.
Country	USA
Industry	Oil & Gas Drilling & Exploration

Market Cap	67.49M	EPS (ttm)	-0.54
P/E	-	EPS this Y	21.70%
Forward P/E	-	EPS next Y	-
PEG	-	EPS past 5Y	25.20%
P/S	1.12	EPS next 5Y	-
P/B	1.53	EPS Q/Q	7.80%
Dividend	-	Sales Q/Q	-24.00%
Insider Own	1.60%	Inst Own	24.00%
Insider Trans	-7.66%	Inst Trans	2.90%
Short Float	0.27%	Earnings	Mar 28/a
Analyst Recom	3.00	Target Price	1.89
Avg Volume	181.45K	52W Range	0.58 - 2.18