GME: -Story: More people are staying home. They play more games to kill time.
-heavily shorted stock potential short squeeze -price gaps need to get filled above
-double bottom + divergence
-Stop Loss: 3.49
-Price Targets: 5.5 and 7.6
COG: -Story: Oil companies are going bankrupt, but COG has the best balance sheet and is most likely to survive and gain market share. -sector is oversold, will likely rebound soon -price gap above
-been on a very long divergence + double bottom formed
-Stop Loss: 13.15
-Targets: 22 (gap fill) and 26 (weekly resistance)
APT:
-Story: N95 mask shortage and likely growing demand. Potential worsening of the outbreak. National government stockpile depleted and will be replenished in larger quantity. There is a likely 2nd cycle of the virus. Mask market price surges will be bonus profits. -heavily shorted, likely short squeeze
-very good risk-reward -double bottom formed
-Stop Loss: 8.33
-Targets: 20's and 40
AHPI: -Story: Ventilator maker and is in extreme shortage and demand globally. Complicated equipment cannot be simply produced by a random company. -inverse head-and-shoulders formed -decent risk-reward
-Stop Loss: 12.49
-Targets: 25 and 40
Good Luck folks
Comments