Mid-Con Energy Partners, LP - Common Units (MCEP) Social Stream
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Watchlist For Remainder of the week & Week of 12/4 (Part 2) 👀:Ry_, published December 3, 2020
$TRUE- Automotive play that I think has a lot of potential in the near future. Chart looks like its priming for a move up; MACD crossed yesterday with some nice accumulation at close. 4.10 will be the first key break to watch for here.
$PROG- Not a fan of Bio plays but I see potential here. Extremely oversold and beaten down with some solid insider accumulation as of late. Presentation In the second week of December which I think we could see some movement leading up to presentation. Seems to have found true bottom @3.64, time for a bounce IMO. Targeting $5 short term, 4.21 -> 4.54 -> 4.89 should be our breaks to watch for.
$MCEP- 5M Micro float energy play on watch for volume. I am very optimistic about the Energy sector with Biden now in office. 3.05 will be our first test, a break on solid volume with this tiny float could result in an explosive move up; this has traded healthy in the $8 ranges in the past.