The Brains Trust, page-12503

I've just done a survey of the "Most Discussed" stocks.

The following are, in my opinion, Dog Stocks, to be left alone.  Better opportunities elsewhere.



CLQ.



ARV:



The following are worth a look.

LYC.



LYC may be in an ABC correction.  It is down to possible support:  major horizontal and 200-Day EMA.

On a weekly chart it is down to the lower edge of the Standard Error Channel - a likely rebound zone.

Look for the stock to regain upside momentum with a bullish candle and a kick-up in the short-term trend channel.

FAR



From late-May to late-June, FAR was in an up-trend.  Since then it's been consolidating.  Look for a bullish candle above horizontal resistance and a kick-up in the short-term trend channel.

ASN



This looks like a classic Wyckoff chart with ASN "jumping the creek" after a long consolidation.  That's a bullish pattern.

It's run a bit hard lately so we may be looking now for another consolidation, then a further strong move to the upside.  Watch.

OBJ



This is an interesting one.  OBJ's recent upside rally may be a counter-trend rally with the past couple of days running back to the downside, back to the 50-Day EMA.

It remains below its 200-Day EMA.

If the stock bounces off the 50-Day EMA and regains momentum it could run-up to the 200-Day EMA.  Watch.

BPT

BPT is in one of the strongest sectors in our market.



Beach has broken above its major horizontal resistance level.

Look for a successful test of that level with upside momentum being regained.  

RB