Breakout Stocks of Week 11
NASDAQ was down last week (week 10) by -1.17% ending at 16,085.11 points after falling -189.83 points during the week. Our system has detected some possible breakout stocks for the following week and these should be on your watchlist. These are the stocks that are bouncing up with good increase in volume and are likely to do good in short term. One of these stocks are KOMATSU WALL INDUSTRY CO.,LTD. TYO:7949. This stock has had a buy signal since Dec 26, 2023 when the price was JP¥2,868.00 and is so far up 20.64% to JP¥3,460.00. Some other companies are on our watchlist to, among these are Harpoon Therapeutics Inc. NASDAQ:HARP Dainichiseika Color & Chemicals Mfg.Co.,Ltd. TYO:4116 Huneed Technologies KSE:005870 and Portugal National Team Fan Token USD CRYPTO:PORUSD which all got a breakout pattern emerging.
| Date | Company | Price | Week 11 |
|---|---|---|---|
| Komatsu Wall Industry Co.,ltd. | JP¥3,460.00 | JP¥3,280.00 | -5.20% |
| Harpoon Therapeutics Inc. | $23.01 | $23.01 | 0% |
| Dainichiseika Color & Chemicals Mfg.co.,ltd. | JP¥2,790.00 | JP¥2,738.00 | -1.86% |
| Huneed Technologies | ₩7,120.00 | ₩6,630.00 | -6.88% |
| Portugal National Team Fan Token Usd | $2.62 | $4.61 | 75.69% |
The KOMATSU WALL INDUSTRY CO.,LTD. stock price gained 3.13% on the last trading day (Friday, 8th Mar 2024), rising from JP¥3,355.00 to JP¥3,460.00. During the last trading day the stock fluctuated 3.59% from a day low at JP¥3,340.00 to a day high of JP¥3,460.00. The price has risen in 6 of the last 10 days and is up by 2.22% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 27 thousand more shares were traded than the day before. In total, 40 thousand shares were bought and sold for approximately JP¥136.67 million.
KOMATSU WALL INDUSTRY CO.,LTD. holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.
About KOMATSU WALL INDUSTRY CO.,LTD.:
Komatsu Wall Industry Co., Ltd. engages in the design, manufacture, construction, sale, and service of movable partitions, and walls in Japan. Its products include moving partitions, movable partitions, school partitions, steel lightweight doors, interior metal works, low partitions, and toilet booths. Komatsu Wall Industry Co., Ltd. was founded in 1968 and is headquartered in Komatsu, Japan.
The Harpoon Therapeutics Inc. stock price gained 0.0870% on the last trading day (Friday, 8th Mar 2024), rising from $22.99 to $23.01. During the last trading day the stock fluctuated 0.130% from a day low at $22.99 to a day high of $23.02. The price has risen in 6 of the last 10 days and is up by 0.35% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 3 million more shares were traded than the day before. In total, 6 million shares were bought and sold for approximately $147.30 million.
On Dec 14, 2022, it was reported that Goldman Sachs gave HARP a "Sell" grade with a "initialise" action.
Harpoon Therapeutics Inc. holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.
About Harpoon Therapeutics Inc.:
Harpoon Therapeutics, Inc., a clinical-stage immunotherapy company, engages in the development of a novel class of T cell engagers that harness the power of the body's immune system to treat patients suffering from cancer and other diseases in the United States. The company develops tri-specific T cell activating construct (TriTAC) product candidate, including HPN328, which is in Phase I/II clinical trials for the treatment of small cell lung cancer and other Delta-like canonical Notch ligand 3-expressing tumors; HPN217 that is in Phase I/II clinical trials for the treatment of multiple myeloma; and HPN536, which is in Phase I/IIa clinical trials for the treatment of ovarian and pancreatic cancer, and other mesothelin-expressing tumors. Its preclinical stage product is HPN601 for the treatment of multiple solid tumor indications. The company has a discovery collaboration and license agreement with AbbVie Biotechnology Ltd. to develop and commercialize products that incorporate its proprietary TriTAC platform technology together with soluble T cell receptors. Harpoon Therapeutics, Inc. was incorporated in 2015 and is headquartered in South San Francisco, California.
The Dainichiseika Color & Chemicals stock price gained 2.61% on the last trading day (Friday, 8th Mar 2024), rising from JP¥2,719.00 to JP¥2,790.00. During the last trading day the stock fluctuated 4.04% from a day low at JP¥2,700.00 to a day high of JP¥2,809.00. The price has risen in 5 of the last 10 days and is up by 1.09% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 29 thousand more shares were traded than the day before. In total, 52 thousand shares were bought and sold for approximately JP¥143.96 million.
Dainichiseika Color & Chemicals holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.
About Dainichiseika Color & Chemicals Mfg.Co.,Ltd.:
Dainichiseika Color & Chemicals Mfg. Co., Ltd. manufactures and sells a range of pigments and colorants. It provides inorganic, organic, and processed pigments for applications, including paints, printing inks, and information display and recording materials; colorants for industries comprising mass colorants for synthetic fibers, pigmented printing agents, and colorants for paper and construction materials; and functional materials for polyvinyl chloride, high-performance fluororesin, and various thermoplastic and thermosetting resins, as well as for electronics and information materials, automotive, and interior construction materials fields. The company also offers UV and EB curable coating materials, decorative, and functional coating materials; and polyurethane and colorants used in synthetic leather and molded products, coating agents, and adhesives, as well as imide-based resins. In addition, it provides Chitosan, a polymer product made from crab shells, as well as its derivatives; functional inks and offset printing inks used in paper media, such as flyers, books, and packaging materials; gravure inks; and coating agents and flexographic printing inks. The company was founded in 1931 and is headquartered in Tokyo, Japan.
The Huneed Technologies stock price fell by -4.04% on the last day (Friday, 8th Mar 2024) from ₩7,420.00 to ₩7,120.00. During the last trading day the stock fluctuated 4.52% from a day low at ₩7,080.00 to a day high of ₩7,400.00. The price has fallen in 5 of the last 10 days but is still up by 2.01% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -220 thousand shares and in total, 477 thousand shares were bought and sold for approximately ₩3.39 billion.
Huneed Technologies holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.
The Portugal National Team Fan Token USD cryptocurrency price gained 8.97% on the last trading day (Friday, 8th Mar 2024), rising from $2.41 to $2.62. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the cryptocurrency fluctuated 28.23% from a day low at $2.38 to a day high of $3.06. The price has been going up and down for this period, and there has been a 8.94% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $6.36 million.
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Portugal National Team Fan Token USD cryptocurrency to perform well in the short-term.
Despite these candidates are looking good from a technical perspective they may not perform as expected. You should always be cautious when trading and base your decisions on more than one source of information. This does not constitute an offer or recommendation to buy or sell securities.
