Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Here are three stocks on the move and looking poised to continue higher.
Lattice Semiconductor Corporation (NASDAQ:LSCC) jumped 90 cents to $20.10 on 2.1 million shares Tuesday. The move, on nearly double its average volume, came on no news from the low power programmable provider. The stock has been in a sideways consolidation since August after a huge 8-month run-up from under $6 to over $21, and appears poised to run again. Watch for a break through the current trend line, which could lead to $27.
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O-I Glass, Inc. (NYSE:OI) popped 70 cents to $13.36 on 4.5 million shares Tuesday. On Monday the producer of glass containers announced its wholly owned subsidiary filed Chapter 11 to resolve asbestos-related claims. The stock has been steadily climbing from below $9 in November, and this week's breakout took it above key lateral resistance. Watch for a move next to test the gap just under $15 from late July's drop.
WW International, Inc. (NASDAQ:WW) advanced $1.90 to $41.04 on 4.3 million shares Tuesday, continuing the rally from Monday. Oprah Winfrey, who is a major shareholder in the weight management services company, kicked off her nine-arena tour this past weekend, called "Oprah’s 2020 Vision: Your Life in Focus," presented with the company. The stock has bounced off the bottom of its ascending channel, and is now approaching lateral resistance at $44.25. A move through there could accelerate the stock to $54.
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Harry Boxer is founder of TheTechTrader.com, a live trading room featuring his stock picks, technical market analysis, and live chart presentations.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.