Stocks on my radar - Week of 06/17/2019 📈
Good evening & Happy Father's Day to all the fathers out there!
This week will be a slow one for me, I am in Buffalo, NY spending time with my son. My trading will be limited, but I may be able to squeeze a trade Tuesday afternoon, if the opportunity presents itself. Last week's runners for me were $INSY, $LGCY, and $SNSS (See my blog here). But I wanted to get this content out of stocks that I have my attention this week.
1. Legacy Reserves Inc. ($LGCY) is an independent energy company engaged in the development, production and acquisition of oil and natural gas properties in the United States.
Bullish Estimate: 20% If volume keeps coming in.
Bearish Estimate: -15% This company is going bankrupt.
2. Outlook Therapeutics ($OTLK) is a late clinical-stage biopharmaceutical company focused on developing and commercializing ONS-5010, a complex, technically challenging and commercially attractive monoclonal antibody, or mAb, for various ophthalmic indications.
If this stock is indeed Bullish, it should see a bounce off $2.20.
Bullish Estimate: 20%+
Bearish Estimate: -20%
RSI + MACD indicating a sell-off incoming, tread cautiously.
Ameri Holdings Inc ($AMRH)
India Globalization Capital, Inc. ($IGC)
Sellas Life Sciences Group Inc ($SLS)
Under a penny:
Someone on twitter brought Verus International Inc ($VRUS) to my attention. Based off the technicals, this penny stock seems to be on the move cooking something up.
Verus International, Inc. engages in the supply of consumer food products in the Middle East, North Africa, sub-Saharan Africa, the United Arab Emirates, the Sultanate of Oman, Bahrain, Qatar, the Kingdom of Saudi Arabia, and Kuwait. The company provides frozen foods, meat, poultry, seafood, vegetables, and French fries, as well as beverage products under its own brand primarily to supermarkets, hotels, and other members of the wholesale trade; and other consumer packaged foodstuff. It also offers consumer packaged goods, such as cosmetic and fragrances; and cold-storage facilities.