Friday, August 23rd

Several names and ideas to watch as we approach Friday.

Nice ER and even better reaction to the numbers ( https://finance.yahoo.com/news/fuwei-films-announces-second-quarter-200000096.html ) as this is already testing $3.00 with strong bid support. Not something one needs to chase but continue to watch these names as volume could be creeping into them.
Earlier we mentioned $MARA trading in the $1.60’s after $NETE $DPW and others. $NETE continues to trap and wouldn’t surprise me to see it moving even higher into tomorrow especially if it gaps with any strength. $MARA however, looking for $2.25+ if volume remains on the rebound.
Keeping a close eye on that technical bounce. $4.00 is trigger level and all that matters. Breakout and push, or failure to launch. Trade the action as it arises.
$CGA fresh 13G AH (https://www.sec.gov/Archives/edgar/data/857949/000121390019016521/sc13g0819a1shaanxi_chinagree.htm) showing new 19.5% stake. $6.15 is the 200DMA but room all the way towards $8/$10 in the right hands especially given the float and rotation on this name.