Objective Forex: January 2016

Sunday, January 24, 2016

Update and week plays

We're back in full swing here at objectiveforex after a longer than normal break. 

Our USDJPY long play has finally began reversing and climbing back up building steam and we foresee this trend continuing in addition to EURUSD turning more and more bearish. 

Officially we are continuing the still standing
Long USDJPY at 117

For stock plays we have some potential targets for the next week.
(Honorable mentions for the huge reversal run up on CRDC which we alerted 2 weeks ago)

NXTD - had a huge pop up to 1.20 before being slammed down to 0.79. We believe anything under this is a good buy here.

AEZS - A popular momentum/volatility stock which seems to have considerable upside in the future.


Sunday, January 10, 2016

For this week of trading we are sticking with these attractive levels of USDJPY for forex.

LONG USDJPY at 117

For stock plays we have a new pick that has been garnering some steam. 

BCLI (Brainstorm Cell Therapeutics) has popped to over $3.30 after strong managment changes.

CRDC (Cardica) a Health Care company has recently ran up 16% in a day after a new licensing agreement and this might be a very attractive buy. 

Tuesday, January 5, 2016

Tuesday Week Play

Unfortunately no plays yesterday, but we are adding some for this week today.

For Forex USDJPY has been consolidating after extremely bearish trading and should have decent support here at 118.

LONG USDJPY at 118

For stocks we have a single play for this week,

AKER (Akers Biosciences) which has exploded today up 50% on no news and huge volume.