It looks like Btc could be setting up for a nice inverse H&S play that could take us to 10k. It is currently in a falling wedge and i could see it rise out out of it then hit my yellow resistance line, fall back under to test the support (for the right shoulder) and then take us to that main resistance for the *Bigger* falling wedge btc is currently in.
I see a bullish ABCD pattern possibility
I see an inverse head and shoulder on the RSI and MACD indicators
In 7 days we could reach 15K range again. 6hour chart
An inverse Head&Shoulders on a day chart is followed by another H&S pattern. The price is below Fib 0.236 Resistance level, while RSI indicates oversold zone. So there could be 2 scenarios: it either will go down to the support line near the 0.000218 or will grow further and in case of breaking throw 0.000574 level will grow to the targets mentioned in our signal....
Minor wave correct provides great entry.
Initial PT:$ ≈8 or 33% above current. GuruFocus DCF Fair Value= 11.66
Strong balance sheet w/ little debt and high Current Ratio. 3 Stars on Morning*
Great trend chart for XLM. Two different predictions. An obvious regression trend in long (well 10 days long enough for the crypto market) between 0,236-0,618 fibo levels. In short progression trend will hit the 0,236 fibo and head to ~0,000051BTC. If it goes beyond 0,236 fibo next resistance is the space, over ~0,000060BTC. If not a smooth regression will...
Company Swinging to a first time ever Profit. At the inflection point in SAAS industry and has a HUGE client that has been delayed all year but expected to close this month. Should be announced at E/R 1/30. Next qtr Revenue/Earnings will Skyrocket. Was $8 Stock last year, and left out of 2017 Rally so has a lot of pent up expansion to do.
Mattersight has several Patents valuable to $FB $AMZN $AAPL $GOOG $CSCO in behavioral analytics. The company swung to its first ever profit in Q3 had a big activist buy in last qtr, and is at an inflection point. It has a huge client that has been delayed all year so stock has been crushed but is predicted to close very soon. News could come any day and chart says...
momentum swinging negative for short term will provide us a buying opportunity ≈$2.33. inverse head and shoulders measuring rule implies ≈25% probably increase from neckline. If it comes down to 28° line then it is most likely a diamond formation. w/ greater potential move. due to momentum on LT time frames i am suspecting that it breaks out to positive side....
measure rule implies .9 or 92% increase from a neckline breakout; Renaissaince Tech has 6% stake and on 08NOV17 announced $61M multiyear contract for 2020 US Census printing and mailing- doesn't get more interesting than that!
Price broke & closed above 1.20000 daily resistance, I believe price will still head higher to complete the daily inverse head on shoulders pattern at 1.20800 resistance.. Bulls are in charge
Earnings beat by 33 or .02 released this morning, Inverted head and shoulders on daily within larger symmetrical triangle on weekly. measure rule implies a 2.91 or 38.7% increase to PT $12.3.
If initial target is reached, symmetrical triangle will break out very bullishly (far away from apex; measuring rule for this implies a $19.84 gain or 165%!
Inverse head and shoulders has formed since 14DEC on hourly, measuring rule implies 25.5% increase from breakout; however this is NOT a decisive breakout due to lack of volume and price not closing more than 2-3% of neckline. Keep close eye on pre-market. inital PT = 1.28, if it breaks decisively over 200 DMA then we could be in store for a much larger move...
