Stock Picks for the upcoming week

 

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Indian Energy Exchange Ltd (NSE:IEX) looking bullish flagging on the daily chart. Next buy point when it clears 234.62 on volume with an SL around its rising EMA13
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Spirit Realty Capital Inc (NYSE:SRC) gave a pocket pivot buy point on Friday. Watch for a good follow through day next week.
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Yatra com (NASDAQ:YTRA) Big Breakout on heavy volume. Buyable on a pullback to the pivot. The technical daily chart shows a continuation of the trend with MACD and RSI in the Bullish areas. There is a good chance the stock will continue to move up next week. Next pivot point lies at $3
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Mullen Automotive Inc (NASDAQ:MULN) In a shorter time frame price is still trading sideways. Major resistance around 33c. I think it’s likely that bulls will attempt a test of that level again in the coming sessions.
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Wisekey International Holding AG (NASDAQ:WKEY) After Friday's news I think this stock is heading back over $2. I like this stock for the next few weeks. Keep it on your watchlist.
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Blue Apron Holdings Inc (NYSE:APRN) Some signs of selling exhaustion have emerged. We have all seen how quickly the stock can head higher, when the buyers come. I believe the stock is ready to post a sizable bounce from current levels. Gap fill candidate next week.
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Digi International (NASDAQ:DGII) needs to break above 42.05 next week to make a new higher high and extend the current upward trend. On watch.
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Nuwellis Inc (NASDAQ:NUWE) This penny stock is still in play for me for a swing trade. The recent offering was closed at 25c. I wouldn't be surprised to see the stock test 20c at some point over the next few weeks. The chart shows a possible reversal in trend. A breakout beyond $.132 will take the price to $.20 (it's important to remember that penny stocks are very risky, so play accordingly).
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Hour Loop Inc (NASDAQ:HOUR) Flagging with possible acceleration above $3.05 resistance
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Apple (NASDAQ:AAPL) has become increasingly bullish and is setting up for a potential swing trade. Breakout watch over 153.59
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Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.

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AC