CPST Volume Above Average; Buy or Sell Signal?"Capstone Turbine Corporation (CPST Stock Report) may be a beneficiary of this (for now). Shares of CPST stock hit 52-week lows of $1.88 on October 29. Since then it has reversed course to highs of $2.29 thus far."
The company manufactures microturbine energy systems. This week Capstone announced significant news that could have acted as an initial catalyst for the latest move. The company reported that it has secured its first offshore oil and gas order in India. The order was for 2 of its C65 microturbines for use in the Arabian Sea.
52 WEEK BOUNCE OR NEW LOWS ON THE WAY?
PREVIOUS GAP DOWN THEN BEARISH SURGE LOWER TO NEW 52 WEEK LOWS
BOUNCED LAST TWO DAYS AFTER NEWS.
MORE INFO: 5 Penny Stocks to Buy Before Next Month?
Capstoneturbines
Already made 100%; Another 73% gain ahead with this penny stock!It's not only possible with crypto. I already made a 100% with this penny stock and there will be more gains ahead. You can buy this gem on the NASDAQ.
Analysis:
We tested 1.90 two times and we just saw a perfect correction and bounce from the old top. A close above will form a very strong support for this stock. (Blue arrows) I expect recovery from here and a break of the 1.90 resistance next weeks (third test) after it we will reach the second and third target after it.
Target 1: 1.88
Target 2: 2.22
Target 3: 2.52
Good luck! ;)
Capstone running out of steam?RSI shows over bought at this point and this may be the point in which short-term players may be taking profits. May be able to ride momentum up to a nice target price marked at the second resistance. If you're happy with profits wait a few days for the price action to settle and find a new entry. Currently not active in this trade, however, a good colleague of mine is. Thought I'd map something up really quick.
Penny stocks: Capstone Turbine (4/5) Education + Spread!Risk: Medium
Please be advised that this is only an idea, so you are responsible for any losses yourself.
Dear followers,
First of all, many thanks for following and liking my ideas. As promised I provide you with some penny stocks today, but for the most part I keep focusing on the crypto analyses.
Education:
Do you know people who had to leave their home because they could no longer pay their mortgage after losing a job? I do. No matter how bad it is for them, these people have made a mistake at an earlier stage. Probably out of ignorance. Did you hear the stories about people who lost their money in the stock market in 2002 and went to drugs? I do. What if the crypto market crashes? Have you lost all your money? Then you have made exactly the same mistake.
The trick is to create multiple cash flows. A job, maybe two or trhee jobs, cryptos, currencies, interest, stocks, dividends, et cetera. When one or two cash flows are lost, you can still continue to live in your house. Otherwise you have still made a mistake by buying an overpriced house that you actually could not afford.
This is why I provide you today with 5 penny stocks that are technically right, about to break out and have a great profit potential for the coming years. Imagine one of these companies is a sleeping giant? Two shares rise a little, one falls and one company goes bankrupt? By spreading your investments you still have the jackpot and you have perhaps made a 1000% return or more!
Stock
The forth penny stock is NASDAQ's Capstone Turbine. Capstone Turbine Corporation® is the world's leading developer and manufacturer of clean-and-green microturbine power generation systems, and was first to market with its high efficiency air bearing turbine technology. Capstone has shipped thousands of microturbines to customers worldwide. These innovative and award-winning systems have logged millions of documented runtime operating hours and are compliant with current and future emissions regulations.
We already broke out the old channel (dotted lines) and we are trading in a new channel now. (Upwards) I really expect a lot from this stock this year.
Buy: Now
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Questions? Feel free to ask and your feedback is welcome!
