Accuracy in direction. I started with penny stocks then forex. Through it all I stuck with reading the charts and understanding it. I've used tradeview as a diary for myself.
The wave C is comin on the way....doesn't even has to get to 1.01 cus the golden pocket of the entire retracement goes along with a strong support on 3.6 $!...it is a great opportunity to buy it back anywhere around here!
Hello there,
We will enter on this trade with SL and target in the chart.
We based on Fib levels for this trade, 0.38 as SL and 0.62 as target.
Cheers.
This stock is my top holding for extensive fundamental reasons and research, but the current chart pattern is looking very similar to the last time the stock popped big in 2020. Although that was driven by earnings I think.
Looking for the breakout of the descending triangle. I have much confidence that this company gets bought up or out- pushing share price up. At very least, a test to the $5 price level seems very possible at this time.
I'm not sure how well they're going to do with COVID and everyone staying home, but it's a good long term play so couple thousand shares in the 401k.
Positive divergence on MFI and RSI. WOrst case it might hit $3 support before moving back up
Edit: PE ratio of 12....
next earning call is happening in just a few days and the stock keep dropping since last week. Now the next downside we should be watching out for is the ~$3.3 range. Is the earning call releases just expect normally we do not have much more downside.
Keep reward-risk ratio at above $2 and let me have a quick update 1) after the earning call 2) within next 3...
Solid beat, sitting at $6 AH, I think the direction tomorrow is gonna depend on what the market does since we've been looking at 100 pt whipsaws on the S&P. Up day means $7 double top, down day probably means a gap fill.
WHo knows anymore, market is a mess.
2 weeks away, that's usually when this starts moving. March 11th AH.
Expecting another down day tomorrow, loading up for earnings. If you're the cautious type, you can wait until next Monday...
I do not expect this to drop below $5 in any case.
Remember this thing, lol?
It tanked way more than I expected post earnings last time, I threw some shares into my 401k, watched it tank and it eventually did fill the gap and I sold it last week.
Well, we're 3 weeks away from earnings which is usually when this thing starts to pick up interest, so I rebought today. Also bought some March 5 calls as well,...
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