Stock Market, Morning Stock Analysis, Stock Analysis

$MOBQ $SBFM $IVDA Morning Stock Analysis 04/06/22

$MOBQ $SBFM $IVDA are making moves the morning of 04/06/22. Here is an analysis of the stock price action.
Published: 04/06/2022 8:55 am
Updated: 04/08/2022 9:26 am
#sbfm #mobq #ivda #stocks #stock review #stock price analysis
April 2022 | Money Placement

Mobiquity Technologies (MOBQ)

MOBQ is a low float stock and is gapped up significantly on positive news. Pushed up to 2.80 premarket and started consolidating there as it was a previous tech level. A break of 3.35 might lead to higher gains while a break below 2.6 might lead to further retracement.

MOBQ Daily Chart

Sunshine Biopharma (SBFM)

SBFM is a low float stock and we saw this gap up yesterday on positive. It held up decently well but is losing volume. If it can see a slow grind break of 6.25, there might be shorts covering and might lead to higher gains. If it breaks down past 5 then it might continue the down trend.

SBFM Daily Chart

IVEDA Solutions (IVDA)

IVDA is a very low float gapping up on positive news. It will need to hold the 3.75 level adn see more volume for a significant move to the upside, possibly up to 5.66. However if it can't hold that level, then it made fade more.

IVDA Daily Chart