All the technicals matches up. Next Cycle coming up soon. Company is also profitable and improving YOY. Only threat is US/China relations.
The stock has been channeling in the 5-5.25 area for a while and has kept it's slow trajectory upward. Price movement suggest accumulation before expansion; a BB study will show that they are contracting tighter and tighter. There was a recent offering closed and completed, priced at $6/share. Recent large scale orders showing positive money flow has been...
CLPS looks like it wants to go higher after consolidating at the 50 SMA and testing the .23 fib level. MACD should cross soon. Low float and can make big moves. 1st target 6.35 2nd target 9.42
CHANNEL HAS BEEN ESTABLISHED ON THE MOVE NOW NEEDS A CLOSE ABOVE 5.70, JUST MY VIEW
Entry price = 4.44, TP = 20, SL = 3.50 Great company, P/E ~ 20
CLPS Inc (NASDAQ:CLPS) gave us a nice move on Friday, which could be the start of a bullish reversal and a short-term bottom. The technical indicators on H4 are looking better for the stock with the MACD indicator above its sell signal line and RSI indicator moving up from the 50% level. Friday Chairman's Letter to the Company's Shareholders is very bullish. The...
CLPS Incorporation Signs Vendor Agreement with a Well-Known U.S. Digital Payment Platform, Ramps Up Global Expansion Strategy. $CLPS will provide IT services, including data analysis and payment risk management for their international business. Growing beyond the Mainland China market, CLPS has been extending its presence and client base internationally,...
see boxes on chart for Entry, Exit and Stop loss zones. Not for any recommendation, Just an Idea.
The price closed right up against resistance but more importantly the giant bullish engulfing candle is very bullish. Add the recent MACD cross and the RSI still on the cool side and CLPS looks like its ready to take off. 1st target $4 2nd target $4.35
Hello, What is CLPS? CLPS Incorporation provides information technology and consulting services to banking, insurance, and financial sectors in the People's Republic of China and internationally. It offers IT consulting services in credit card business areas, such as credit card application, account setup, authorization and activation, settlement, collection,...