Descending triangle along a potential reversal area. Hidden bullish divergence on the Weekly MACD. Stop = Below potential reversal area 1st Target = Resistance 2nd Target = Resistance 3rd Target = 0.236 fib extension
I'm watching ATA Creativity Global (NASDAQ:AACG) again as the stock looks to be setting up for a big upside move in line with the other EDU China stocks. Potential upside of 60% exists for the stock, based on a current level of $4.06 and analysts' average consensus price target of $6.50. The stock should find initial resistance at $4.14 and further resistance at...
Why ATA Creativity Skyrocketed 951% yesterday There does not appear to be any direct news from the company. But it seems like that there was some coordination by day traders on social media. ATA shares were buoyed — thanks to discussions stock trading groups on Facebook, Discord chat rooms, the r/Daytrading subreddit, Twitter hashtags, and YouTube channels...
I often noticed that the big gainers from the opening make near the close another move up. As always I use the 5 min bar break or bounce of the POC line as an entry, place the stop below the entry bar and trail the stop when there was an down move and and again an upmove. I am looking forward to program or get a scanner in tradingview that sents us an alert if...
Pupm&Dump trading strategy idea. $AACG is rising too much today. The demand for shares of the company looks lower than the supply. This and other conditions can cause a fall in the share price today. So I opened a short position from $3.70; stop-loss — $4.24; take-profit — $2.62; Do not view this idea as a recommendation for trading or investing. It is...