I put two targets, but I don't think 2nd target is possible, it could be if their earnings are gonna be bad next month. I still see this as a good opportunity to increase your position in this stock.
We have been rejected at around the 75 USD area. This is due to the broad market sell off and no significant company related news. It has been in an up trending pattern since the 38 USD area. It is a high possibility that we head on to the week in a massive run. Knowing the earnings is just right around the corner, we should see a build up of sudden or steady...
Just saw a reversal pattern rising wedge which is why I put a stop limit sell order around $96, but that is still cutting it close so might have to lower it. If it doesn't get past $90 it may be a double top downtrend. Wishing it to go down actually so I could increase my position, so I guess this is a good opportunity.
Might be a good time to buy now and exit when near the resistance again, just watch out when it breaks the support line.
Lightspeed POS is slowly gaining more momentum. For every pullback, it is a good idea to load up more. Even at these levels, it is a good idea to get a skin of the game. It is trying to break through the 70 USD ranged. If it breaks above, we might see another 20% run before slightly pulling back(If it ever does). Realistically its pull back maybe when it reaches...
it is going to touch 20dma before bounces back. Buy @ 54-55 USD if you want to get in. Long on LSPD.
Ascending Triangle, Confirmed Pros: Descending Volume during Formation Volume at Break Out PPS above 50MA and 200MA 250RSI above 50 RS ascending and above 0 ATR ascending R/R Ratio above 9 Cons: 200MA Flat Target price: PT = 90.22$
A conservative forecast of Lightspeed POS. Price target of 57.01 at the end of 2020.
LSPD no brainer long position. Chart speaks for itself, bullish on multiple time frames, I will mention a few reasons I am bullish. On Daily you see a return to a previously strong support that led to the prior uptrend. Break of short-term downtrend on the daily starting with a piercing pattern that initially rejected support and began the move away. Shortly after...
According to my Elliott wave count, the zigzag correction has ended. For safety, I’ll wait until it breake above 41 before to go long. I’m learning and post this for comments/feedbacks. So please don’t trade based on this.
Looks like that the pullback of Lightspeed is complete. Time to have the 1st buy.
Finally broke $38, now heading towards next strong resistance area, $46
The chart broke out of the ascending triangle pattern, retraced back to the breakout point, I think it was a healthy consolidation before going up. Looking forward to the cross $38.