Objective Forex: Trading Week 9/4/16

Sunday, September 4, 2016

Trading Week 9/4/16

Our momentum play on CLVS (Clovis) last week was quite successful, popping 12% on Wednesday from our alert, we hope many of you captured profits here as CLVS sold off back down ending the week up 1.56% from our alert. 

As the markets stabilize we should have an interesting trading week ahead of us and Tuesday action should signify Investor sentiment over the week.

Forex Play


Technically strong buy indication. EURUSD last week trended upwards eyeing 1.13 from our 1.11 alert. Solid trade that we expect to continue. 

Stock Picks This Week

VSR (Versar) VSR is a national project management company focused on providing services to large scale construction projects even for the USA Department of Defense. We see incredible hidden value here as price to sales (0.09x) and price to book (0.62x) value are not accounted for in share price. Versar recently gained a contract on behalf of the Air Force Civil Engineer Center with a contract ceiling of $400 Million. With a $16 Million marketcap this microcap should see increased momentum in the coming trading sessions. Trading around $3 a share last year should allow for easy movement up with little resistance over the next month on further good news and continued contracts.

Buy recommendation under $1.65


Long NXT at 3400
Long DGB at 60

On August 28th we called the bottom for NXT and it surged in one swift move up to 4500, it has sold off back down to the 3500 levels and we see this as a cheap value price.

DGB suddenly exploded with volume today popping to 62 and fluctuating slightly, this could be the beginning of a large move upwards over the week.

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