$KDMN is set up well both technically and fundamentally. The FDA just approved CLOVIQUE (TM), A Room-Temperature Stable Trientine Hydrochloride Product. This bodes well for the company as it moves forward. According to the press release: Product Offers Room Temperature Stability, Improving Convenience for Patients NEW YORK, NY / ACCESSWIRE / October 21, 2019 /...
That damn 200 daily moving average... Hope we get some confirmation in the chart soon.
$FLL has not been a great investment for long-term holders, but the worst looks to be over. The price action the past 2 days has been positive with both days green on higher than normal volume. $FLL looks to be a worthwhile punt at current levels. Full House Resorts, Inc. owns, develops, operates, manages, leases, and/or invests in casinos, and related...
$MU selloff looks to be overdone in our opinion. Other analysts agree with this assessment. Needham raised its Micron (NASDAQ:MU) target from $50 to $60 after Micron's earnings report. Taking note of Micron's downside gross margin guidance - attributable to the excess NAND inventory and related pricing - Needham nevertheless sees several upcoming catalysts for...
Same deal here - good target I think is the 200dma
Litecoin moved above its 200 DMA on February 18 and hasn't looked back since. The fourth-largest altcoin is now up 60% over the past month.
This is more of a long term yolo as GOLD continues to recover. TAHO - Entry of January 2020 $7 strike call options. Range of $0.01 - $0.05 (Entry at $0.02 average) This has a huge potential to sky rocket as gold continues to recover into the 1300's and higher. TAHO is also right under the daily 200sma which is key resistance for more buyers to come flying in....
With the ES1! trading around the 2,750 region, it is time to revisit and look for another set up. This time round we are looking at an ascending wedge formation with the apex coinciding with the 200-days moving average. Ascending wedges are by definition a bearish pattern while the 200-dma happens to coincide with a congestion zone between Nov to Dec. I know...
Burst through H&S and previous resistance, forming bull flag. WEED closed +1.5% today, with WMD closing -0.5%. Divergence between these two never last. Likely pullback to 200D SMA (last support), before breaking through bull flag.
BTCUSD down 35% YTD and trading below 200 day sma. Prior to this year, BTCUSD had not traded below the 200 day sma since August of 2016.
Although we have a long down trend, we hit the 200 day moving average. From here expect strong resistance, especially approaching the initial drop zone. Look for an initial gap down on Monday and a run up from there as it did in the initial drop.
Hi all, lets analyze hourly chart for BTC where we are now struggling with STRONG resistance at 200 day EMA. Breaking the level and then finding the support on top of 200 day EMA could be considered as good indicator for the end of the bear market. Currently BTC is in uptrend, having 7 consecutive higher highs and higher lows. Breaking the below the...
This is the first time it's reached the 200 DMA since March 25, 2017 where it dipped to $895. Before that, it went below the 200 DMA on 8/2/2015 to $470. This is the real test in terms of chart plays. Could bounce here or we could be entering a bear market.
slowly getting wet here, support is weakening .. selling seems excelerating. at this point it's likely that we test prior breakout at $7500 take notice 200ma has been catching up perfectly to it, that bounce gotta be epic.
We got a lovely rejection wick off the daily on Friday and it beautifully bounced off the 200dma and a falling trend line. Great bit of confluence. Stops above that wick and shoot for a 50% retrace on that type of move the 50 back gives us a RR ratio of 3.5-1. Might even get down to previous lows if wanted to stretch for longer targets but don't be greedy.
Supporting a bullish business/product narrative are constructive technicals including: Jun - Aug triple bottom, Above 200 Day MA, bullish RSI, ascending triangle breakout, reward > risk (see levels: break $6.72 then $7.15, opens up $9.79 then $12.67). Check out my developing story at xdaystogo.com .
Looks like $BTCUSD is compliant, touched the 200 DMA and bounced!