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Tuesday, July 21, 2020

Tech Stocks Upon the NASDAQ was going Through a Selloff

      In this post has some more stocks that have gone below the 40 percent threshold on the Relative Strength Index.     Some are worth buying at this very moment and some of them are still showing a decline on the MACDs lines.     The investments that I'm using to raise part of this $50 thousand has decline a little.     Except momentum on all three of the investments are still pushing the blue positive line further up, these three stocks that I have purchased still have the momentum for the price on the stock to climb.

       In the experimentation, as I still had around a little over $25 thousand to invest them back into some the 800 stocks that I went through after the stock market had closed (7/21/20).         Two of those stocks were new ones that I have examined that are below the 40 percent threshold on the Relative Strength Index.

       The experimentation gained around a little over $200 hundred today, with 6 more stocks being added to it and with two from off the OTC stock market board.       Right now there are at least 4 of these OTC stocks that are looking to double in price either in a few days or sometime during next week.

       Here are these most recent stocks that have dropped below the 40 percent on the Relative Strength Index.         BELLUS Health Incorporated, with the stock symbol of BLU, today (7/21/20) it closed at $2.63 a share.      With examining this stock from the most recent Relative Strength Index being at today (7/21/20) of 23.24.     The MACDs today are at a red negative of 22 for BELLUS Health, since (7/15/20) there has been a slow steady climb on the Relative Strength Index.     On (7/15/20) the Relative Strength Index was at 21.00 and went up to 21.69 on (7/16/20), then followed by another climb of 23.44 on (7/17/20).        (7/20/20) it was at 23.34 in were the stock had a slight drop, since on (7/10/20) the stocks momentum has shifted.      BELLUS Health would be a good buy at this moment with the momentum pushing it up.      On (7/10/20) the red negative line was up over the blue positive line by a negative of 87, the next day on (7/13/20) the red negative lost more ground with one holding by a negativity of 84.

        The next day BELLUS Health with the red line shrinking against the blue, with its negativity at 76 on (7/14/20).      Followed by more momentum making the red negative to be at 67 on (7/15/20), then on (7/16/20) the red negativity dropped its lead to just 56.        So momentum is pushing this stock up, on (7/17/20) the negativity was only holding at just 44.                On (7/20/20) the red lost more to the blue line with its negativity at 32 and today it was at a negative of 22.       This stock could be having the blue line taking over by next week that can cause the stock to have some good climbs.

       Next is Aptose Biosciences Incorporated with the stock symbol of APTO.        With examining this stock we see it still declining with the MACDs pulling the price down.      The last three days the Relative Strength Index has been below the 40 percent threshold with it at 35.23 and the price at $5.32 a share.    Once the MACDs show a shift, as I would wait until this stock falls below that $5.32 price.

        Here is Celsion Corporation with the stock symbol of CLSN and the momentum on this company is rising, with it closing at $1.06 on (7/21/20).      The momentum started on (7/17/20) for Celsion Corporation with the red line holding a negativity of 39.      On (7/20/20) the negativity was at 36 and today (7/21/20) the red negativity was just at 32.       Even though the blue line is slowly gaining and pushing this stock up slightly, it would be a good value price to buy this stock.    The way the blue line is moving in its momentum, as it could take about two weeks or so for the blue line to take over the MACDs red line.      Now the Relative Strength Index on (7/17/20) was at 28.89. followed by 28.68 in where the price slightly dropped yesterday on (7/20/20) and so the Relative Strength Index was at today on (7/21/20) 28.53 with another small price drop.           Tomorrow we will present two more stocks that could be worth buying sometime next week.         Update on Aptose Biosciences Incorporated as the MACDs are still showing a decline on this stock, with the red and blue line sliding downward.

       Here is how the MACDs have been fairing for Aptose Biosciences Incorporated (7/16/20) blue line -.31, red line -.28.        (7/17/20) blue line -.35, red line -.28, (7/20/20) blue line -.37, red line -.30, (7/21/20) blue line -.39, red line -.32, (7/22/20) blue line -.39, red line -.33 (7/23/20) blue line -.41, red line -.35.          Aptose Biosciences Incorporated is still going through a decline as of (7/23/20)        

       Update on BELLUS Health from (7/14/20) MACDs blue line -2.03, red line -1.26 (7/15/20) blue line -2.10, red line -1.43.           (7/16/20) blue line -2.13, red line -1.57 (7/17/20) blue line -2.12, red line -1.68 (7/20/20) blue line -2.09, red line -.176 (7/21/20) blue line -2.04, red line -1.82 (7/22/20) blue line -1.98, red line -1.85 (7/23/20) blue line -1.92, red line -1.86.         Ever since from (7/17/20) the blue line momentum has been gaining upon the red line, as the blue line is just 6 away from crossing into positive grounds and BELLUS Health has gone up by .0399 cents a share today (7/23/20)

        Update on Celsion Corporation on the MACDs from (7/17/20), blue line -.52, red line -.13 (7/20/20) blue line -.58, red line -.22 (7/21/20) blue line -.62, red line -.30 (7/22/20) blue line -.65, red line -.37 (7/23/20) blue line -.66, red line -.43.     Today (7/23/20 the blue line gained by 5 points on the red line with the momentum still pushing this stock up since that date of (7/17/20)      Celsion Corporation went up today (7/23/20) by .11 cents a share, as we recommend buying BELLUS Health or Celsion Corporation while they are a good price.

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