Here we have three patterns signaling a downtrend reversal at the confluence of 2.24, while another pattern signals an uptrend reversal at approximately 5.28. Firstly, we have a crab pattern as the overall chart pattern converging on the price range of 2.23-2.25. I left this crab pattern off the chart, since I didn't want to clutter things up. Secondly, we...
Channel play, trying to ride this up. A break above $5 looks great, will take some profits before it hits that resistance. MACD is curling up, and MRAI is testing the 20 day EMA.
MRAI forming a nice Ascending Triangle on the daily chart. This is probably my top watch for this week.
MRAI has pulled back in the late morning after a beautiful run earlier. I have seen this happen a lot and it happens a lot to wipe out stops and then runs back leaving people to chase. Most important thing with a stock is when you purchase it. If we drop below $5.35 then we will have a bearish engulfing on the daily and that could be a concern. My stop is $4.9...
MRAI breaking out but still needs to claim new ATH before she will truly break out to the upside. Definitely a possibility today with the buys already seen. Excited to see where this ends the day and what is in store for next week. $10 here we come!! GLL!!! I have no clients in this because it is too new and speculative but for me...I love it. As always, this is...
This is a fun one with NO clients in it. I usually do not buy IPOs for clients unless there are special cases/reasons. This is one that I followed based on Fintwit talk and legendary FURU Zack Morris. I have averaged in over the last several days and have a cost basis sitting at $5.46. I would probably sell if it drops to $5.2. Volume has been extremely weak but...
My favourite pattern! Lets see it break out. MRAI is a new IPO in telehealth, I like the technicals a lot. It hit near 7s in premarket. Not financial advice!