Sunday Stock Talk (Weekly Recap) 4/30/2017

TL;DR

GoPro is facing resistance at $8.60 and has a strong support at $8.20, while CYTR is a high-risk stock with a resistance at $0.90 and a support at $0.50. JNUG shows signs of upward momentum and might see an upward trend if it holds above $4.50. AMD is not recommended for day trading due to low potential profits. MTRX has seen a significant drop and might experience a bounce soon. BPMX has a support at $0.80 and a resistance at $0.90.

Transcript

what's going on guys it's rookie with tech with solution so thank you guys again for joining us for another Sunday stock talk I'm going to go ahead and let um people start tuning in live and again we do do this every Sunday 6:30 Mountain Standard T so I do I can't thank you guys enough for putting time aside and you know joining us um pretty much w... Read More

Key Insights

• 😀 GoPro has been facing resistance at $8.60 and has a strong support at $8.20.
• ✋ CYTR is a high-risk stock with a resistance at $0.90 and a support at $0.50.
• 📈 JNUG shows signs of upward momentum and might see an upward trend if it holds above $4.50.
• 😘 AMD is not recommended for day trading due to its low potential profits.
• 💦 MTRX has experienced a significant drop and might present a bounce opportunity.

Questions & Answers

Q: What is the resistance and support levels for GoPro?

GoPro has a resistance at $8.60 and a support at $8.20.

Q: Is CYTR a high-risk stock?

Yes, CYTR is a high-risk stock due to its volatile price movements and low trading volume.

Q: What is the potential trade for JNUG?

JNUG might see an upward trend if it holds above $4.50, making it a potential trade opportunity.

Q: Is AMD recommended for day trading?

No, AMD is not recommended for day trading due to its low potential profits.

Q: What is the support level for MTRX?

MTRX has a support at $0.80, which might present a bounce opportunity.

Q: What are the resistance and support levels for BPMX?

BPMX has a support at $0.80 and a resistance at $0.90, making it a potential trade if it shows a breakout.

Summary & Key Takeaways

• GoPro has resistance at $8.60 and a support at $8.20, making it a potential trade if it holds above the support.

• CYTR is a high-risk stock with a resistance at $0.90 and a support at $0.50, and it requires careful monitoring and risk management.

• JNUG is showing signs of upward momentum and might see an upward trend if it holds above $4.50.

• AMD is not recommended for day trading due to low potential profits.

• MTRX has experienced a significant drop and might present a bounce opportunity.

• BPMX has a support at $0.80 and a resistance at $0.90, making it a potential trade if it shows a breakout.