( click to enlarge )Bright Minds Biosciences Inc (NASDAQ:DRUG) The stock finally broke the hourly falling wedge formation on large volume. The technical chart shows buyers are back. With the surge on Friday %K line is again on top over %D line showing the stock is back to a new rally. A move towards $2.50 can be expected as long as $1.52 holds.
( click to enlarge )I have been following SuperCom Ltd. Ordinary Shares (NASDAQ:SPCB) for a few days now and surprisingly it showed some strength in the final hour on Friday in a depressed market. On the momentum front, I'm seeing some positive divergences in several key momentum indicators, but this is not confirmed yet, as prices have not shown a confirmed reversal. At the bottom of the chart is the accumulation/distribution line, and readings on the indicator suggest the stock has been under strong accumulation lately. The stock needs to break Wednesday’s high of $.41 to expect a strong rally at this point. I took a strong/long position last week. Note: The company already awarded several contracts in the last few months that are worth several million.
( click to enlarge )Kidpik Corp (NASDAQ:PIK) Another interesting small cap for the month of September. The company continues to form a base around the $1.9's as we get ready for another major move higher. A break of $2.39 EMA100 with force might give the stock room to $4
( click to enlarge )Mullen Automotive Inc (NASDAQ:MULN ) Friday’s action in the share price leads me to believe that we may see a reversal trend at this level. To sustain this point of view, stock needs to sustain actual levels in the days to come. Watching if this can go into $.74's next week to test/break the long downtrend line.
( click to enlarge )BioXcel Therapeutics Inc (NASDAQ:BTAI) is showing positive momentum as the stock tests a basing pattern breakout level. Breakout watch over $15
( click to enlarge )Reviva Pharmaceuticals Holdings, Inc. (NASDAQ:RVPH) decisively broke the bull flag formation with a big bullish engulfing candle and might soon find itself in next resistance at the 3.10 area
( click to enlarge )American Resources Corp (NASDAQ:AREC) has been on a nice uptrend recently and could be ready to breakout again. Waiting for a break and closing above the $3.45 level for a long position.
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AC
