I’ve been watching MDVL over the last few weeks to get a feel for its pattern. My main concern was making sure it’s not a pump and dump, otherwise it would not be a good swing candidate. After watching it form higher lows over the last 2 weeks, it’s starting to look like the right swing setup for a strong run.
MDVL is under SSR (Short Sale Restriction) on Thursday 4/21/22. Today’s high of day (HOD) was $3.19 with the first pullback to $2.50-$2.71 levels. We’ll be looking for the next leg back above $3. Once we consolidate above $3, the goal is to break previous highs from 4/18/22 of $3.34. If we can consolidate at the $3.50 range, the next leg up will be $4. If we can slowly set up a flag, and consolidate, we should be able to break $5 levels. The goal is to get to the analyst’s price target between $5 and $8 over the next few months.1 Day, 30 minute chart for MDVL 4/20/2230 Day, 1 hour chart for MDVL1 Year, 1 Day chart for MDVL
VERU
VERU closed at $11.76, hitting an intraday high of day (HOD) of $12.35 and low of day (LOD) of $11.12, triggering SSR for tomorrow 4/21/22. We’ll be looking for the next leg back above $12-$13. Once we consolidate in the $13 level, we can move up towards $14-15 range. The goal is to form higher lows over the next few months, under we reach the Analysts’ price targets of $24 and $36.
ATER
ATER triggered SSR today again, after major selloff and shorting since yesterday after hitting HOD $7.26. Watch for new support levels to form tomorrow before jumping in. If $5 levels are reclaimed, then look for a move back above $5.50-$6 levels.
MULN
MULN triggered SSR today, hitting a low of day (LOD) at $1.34. MULN started moving back up after hours, reclaiming $1.60 levels. If $1.80 levels are reclaimed, watch for a move back above $2.
HOUR
HOUR hit a high of day (HOD) of $3.89, closing at $3.60. If looking for an entry, watch the dip to $3.40 levels during the morning flush. Tomorrow watch for the move above $4. If consolidation occurs at the $4 level, watch for a push to $5-$6 levels.
Oil Stocks to Watch for a Reversal
INDO
HUSA
IMPP
ENSV
CEI
USWS
MXC
MARPS
Earnings
4/21/22
AAL
AN
DGX
SNAP
4/22/22
AXP
VZ
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Anna is the face behind Eye Love Gains. Her passion for helping Entrepreneurs, Small Business Owners, Traders, and those struggling to rebuild their lives is the key motivation behind eyelovegains.com. Everything on eyelovegains.com is created by Anna. She beta tests various softwares and applications and conducts thorough research prior to publishing tutorials and articles. Anna is passionate about Investing and Trading as a means to fund her business ventures. Anna is also a caretaker for her mom and brother. Anna has a passion for web design, writing, laws and regulations. Anna is recognized in the Optometry and Optical Industry as paving educational pathways for the future workforce. She works with community colleges to write their academic curriculum for her industry. Anna is an ECP at her Optical, where she takes care of patients. She has previous experience working within the Government, Legal, Financial, Insurance, and Banking Industry. She also worked within Hospitals, Medical Facilities, Rehabilitation and Homeless Shelters, and as a Restaurant Manager. Her experience allows her to think outside the box when identifying issues and solving everyday problems.
