Objective Forex: Trading Week 7/3/16

Sunday, July 3, 2016

Trading Week 7/3/16

A new trading week begins, although it will be shorter. Keep in mind trading does not open until Tuesday. For our last week VVUS impressed gaining 15% since alert, MDVX traded down to $1.3 while XXII remained flat. For our cryptocurrencies DGB had a nice pop up to 70 and had a quick fell off back to our alert near 50. If you took advantage of selling near the peak you stood to gain around 23%, we await further action.

Forex Play

Postponed until a longer trading week.

Stock Picks This Week

EAC (Erickson) Providing aerial/helicopter services, recently receiving a large contract for the Alaskan Coast Guard. We have featured this company before and have to again at such a value growth play, trading at 0.13x book value we see great upside in the future.

Buy recommendation under $0.60

ROKA (Roka Biosciences) Another biotech working on molecular assay technologies for detecting food born pathogens, riding on strong momentum from Sundays close we see additional movement on Tuesday as investors look at a very low price to book value at 0.31x and growing earnings over the year.

Buy recommendation under $0.60


We are still looking at DGB movement over the coming days as people notice last weeks pop and look into Digibytes, buy support is strong at 50.


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