Posts by Michael Hicks

BDSI Price At Extremely Attractive Entry Point

Biodelivery Sciences ([stock_quote symbol=”BDSI”]), after a horrendous beat-down since its peak in September 2014, is hovering at a major long...

SGMO Looking Ripe For Upside Reversal

After losing roughly 85% of its value from its lofty peak in March 2014, Sangamo Biosciences ([stock_quote symbol=”NASDAQ:SGMO”]) is looking...

Is GSAT Ready For A Reversal?

After a downward run from it’s most recent peak in July, Globalstar, Inc. ([stock_quote symbol=”GSAT”]) may be fixing for a...

Clorox Reversing From Support

Clorox ([stock_quote symbol=”CLX”]), after taking a 20% dive from its previous high in July, found support around $112.50, which also...

Bull Flag On AKAM Weekly

Akamai Technologies ([stock_quote symbol=”AKAM”]) looks like it’s formed a nice bull flag on the weekly that, if you squint real...

ILMN Looking Ripe For A Bounce

Illumina, Inc. ([stock_quote symbol=”ILMN”]), like other stocks in the biotechnology industry, has taken a beating since its peak in July...

Cubesmart Bouncing On The Monthly Chart?

Cubesmart ([stock_quote symbol=”CUBE”]) appears to be setting up for a possible reversal on the monthly chart, having landed on support...

Time To Accumulate Shares In Stericycle?

Stericycle ([stock_quote symbol=”NASDAQ:SRCL”]) popped up on my scan of possible trend reversals and looks like it might be ripe to...

Canadian Solar Ready For Trend Reversal?

Canadian Solar (CSIQ) is lining up to make what could be a decisive breakout above the long-term downtrend line that started...

AXAS Technicals Cooling Off, Getting Ready For Higher

AXAS completed a nice three-day pullback to tag the Ichimoku conversion line and the 50% fib trace. While it’s certainly...

ACTG Consolidating On Weekly Chart, Anticipating Move Higher

Acacia Research Corp ([stock_quote symbol=”ACTG”]) is consolidating nicely on support on the weekly chart, letting the overbought condition cool off...

Almost Time To Add To My Position in MUX

McEwen Mining ([stock_quote symbol=”MUX”]) was again rejected by the overhead downtrend line and has been beating a hasty retreat back...

Weekly Chart Highlights: GOOGL, CSIQ, IGC, MEET, MITK, NVAX, TRIB

The week of 5 December produced some good-looking charts for stocks whose weekly close topped the previous week’s high. Let’s...

Silver Ready For A Bounce?

Silver, as shown here by the iShares Silver Trust ([stock_quote symbol=”SLV”]), looks ripe for a rebound after its downturn that...

Real Estate Making A Reversal To The Upside?

Last week saw the iShares US Real Estate ETF ([stock_quote symbol=”IYR”]) put in what looks like a reversal on the...

DGAZ Making A Rebound?

While support and resistance levels in leveraged ETFs are often sketchy, at best, the chart for DGAZ ([stock_quote symbol=”DGAZ”]), the...

Great Panther Silver Consolidating Above Short-Term Trend Line

Great Panther Silver ([stock_quote symbol=”AMEX:GPL”]) closed above its short term downtrend line on 28 November and appears to be considering and...

MUX Rejected At Upper Trend Line

It came as no surprise today when McEwen Mining ([stock_quote symbol=”MUX”]) took a bit of a dive today, rejected at...

AXAS Tags 50% Fib – Time To Take Some Profit

Abraxas Petroleum Corp ([stock_quote symbol=”AXAS”]) had a good week, posting a 7% gain for the week as it tagged the...

MUX Not Quite Ready For Trend Reversal – Yet

McEwen Mining, Inc. ([stock_quote symbol=”MUX”]) is still in an overall downtrend, but looks to me like it’s in a falling...

AXAS Up Over 200 Percent Since January 2016, Looking For More

Abraxas Petroleum Corp ([stock_quote symbol=”AXAS”]) is up about 220% since it’s swing low of $0.65 in January, and I think...

MEET Preparing For Reversal?

Call me an optimist, but it looks like we have double bottom (possibly even a triple if you count the...

GPL Backtesting Short-Term Downtrend Line

Great Panther Silver, Ltd. ([stock_quote symbol=”NYSE:GPL”]), broke through it’s short term downtrend line on 28 November, and today made a...

Is US Steel Staging A Breakout?

United States Steel Corp ([stock_quote symbol=”X”]) is challenging a long term downtrend line dating back to April 2010. Price was...

MUX’s Downtrend Continues – But For How Long?

McEwen Mining, Inc. ([stock_quote symbol=MUX]) has been in a pretty steady downtrend since it peaked in mid-July. However, it looks...