$CVEO - Target price @ 3.82 in our opinion. CVEO was showing upward momentum all of last week. We will watch for a 3.82 break. IF the stock can power through those levels, we could see continued upward momentum. IF the stock rejects 3.82, we could see a retracement back to 3.40 levels. Both MACD and RSI are looking solid for continued upward momo in our opinion.
$CTIC - Target level @ 3.91 in our opinion. CTIC is another stock that has been in rally mode for a while. We 3.91 as a solid resistance level into this week. A break could signal additional gap up in our opinion. The RSI is signaling overbought territory, which could also represent a sell off. The stock is currently trading at 3.80, so it will be interesting to see which way it goes. IF it rejects 3.91 levels, we could see it cooling off and selling off this week. On the other hand, 3.91 break signals additional upward momo in our opinion.
$SN - Target level @ 3.93 in our opinion. SN showed some life last week beginning to come out of oversold territory. You can see this by looking at the RSI. The "30" level on RSI indicates oversold territory. You can see the RSI was signaling upward momo out of oversold territory. Historically the stock has done solid coming out of oversold territory. We will look for a 3.93 break to confirm coming out of oversold territory. We think a 3.93 break can confirm upward momo in our opinion.
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