Afternoon, everyone. I will have my Moonshot Watchlist out tomorrow (though it may not be a 'moonshot' with our success rate), but today, I want to highlight CDIZ (Cadiz Inc.)! I'll dive into the technicals today and provide more info in the watchlist tomorrow! Communicated disclaimer, nfa.

Short-term Targets for CDIZ:

1. Tomorrow (5/9): $2.45
2. End of Next Week (5/17): $2.62

Technical Analysis:

• Relative Strength Index (RSI):
  • RSI is currently near 30, indicating oversold conditions and a potential rebound opportunity.
• Moving Average Convergence Divergence (MACD):
  • MACD is showing a bullish crossover, hinting at possible upward momentum.

Trend Analysis:

• Short-Term Trend (5-Day to 10-Day):
  • Neutral to bullish due to recent consolidation and low trading volume.
  • Positive news or sentiment could push the price upward.
• Medium-Term Trend (20-Day to 50-Day):
  • Consolidating in the $2.20-$2.40 range.
  • Breaking above $2.40 could accelerate gains.
• Long-Term Trend (100-Day to 200-Day):
  • Bearish but with rising potential for a trend reversal due to oversold conditions.

Machine Learning Predictions:

• Tomorrow's Prediction (5/9/24):
  • Predicted Closing Price: $2.45
  • Explanation: Positive momentum from a bullish MACD signal and an oversold RSI could drive the price higher.
• End of Next Week's Prediction (5/17/24):
  • Predicted Closing Price: $2.62
  • Explanation: Bullish technical signals and improved market sentiment could lead to further gains.

Prediction Summary:

1. 5/9/24 Prediction: $2.45
2. 5/17/24 Prediction: $2.62

Additional Considerations:

• The $2.45 target for tomorrow is the ULTIMATE goal, but I also have intraday targets at $2.37 and $2.40.

Next Steps:

• Look out for my Moonshot Watchlist tomorrow, and the following day, I'll share my long-term thesis for CDIZ!
• These guys have been around a while, and I'd love to see them turn things around for a solid investment rather than just a short-swing trade.

Sources - 1, 2, 3