Rocky Outcrop Flash target at $3.68 on the 4 hour TF which is also where the downward sloping supply line is (orange) and the 200 period SMA is. Its a good target. The W pattern has been repeating on this chart for a long time now, you can scroll back and see several of them at all the recent swing lows.
I took the same gamble in 2021 netting an average call sale of 337%, volume and price action are not as optimistic as 2021. We'll see where this goes
This has played perfectly as per my projection. Moved 60% since my last post. It won't be a bad spot to take some profit for two key reasons. First, 200 DMA test around 9.33, likely that there is some resistance there. Pullback would be constructive. VMA on 3D chart around same level. Another reason why price might struggle until 10.30 Has shown...
Curling in the demand zone, but yet to reclaim short term moving averages --- 4H showing bearflag; if loses 5.59, likely to end up back down to the bottom of the base at 4.73 and set up potential head and shoulders pattern --- IF it can break above 60 VMA around 6.50 has a shot at 9.5 + Seasonality ++ Takeaway: Price is stuck in a tight range now, no...
Ashford hospitality trust invest directly into the hospitality industry, mainly through hotels which of course have been annihilated since the pandemic, and there are arguments that business travel will never return to pre pandemic levels which Ashford hospitality rely on. At the start of 2020 the SEC launched an investigation into the business due to transactions...
I know someone commented on this the other day... I hope stops are in place or you sizes are correctly taking. This truly has no bottom. It could get down to 3 or 4 bucks.... scoop some up there? yeah, if it makes sense .. give it some time. I am sure it will see a nice bounce on the next market run. But to jump in now? patience... it's breaking any clear trend.
Had a limit order set for 12.65 so did not get in at the bottom but go aht. Manipulation this morning at its finest. I get the larger pattern outside the wedge but cmon.
Till the market collapses.... No doubt this will see the 40s and I think around 100... but I am sure after a drop to the 12s old support becomes new resistance. For now at least. You could argue inverse head and shoulders sort of a setup, but till it breaks the nice little rectangle it formed and breaks above it and confirms it from the top, I am skeptical it...
As one of stocks that are significantly impacted by COVID, AHT price seems to be stable at current level (even if the market went down this month). Given that the last earning report looks good to me, I would open long as soon as this market correction ends. Besides the general trend analysis, there are some technical supports: resistance level 14.00 had been...
And no new lows. Most important, no candles closing making new lows. (wicks can be ok, candle bodies must close above the current low) My size is minimal, limit order set and no need to watch. I could load up and put a stop at the previous low but instead, I will keep my position size small. I do not see this going to where I think it will (100) before the...
This looks like it will go very well in a market full of bearish assets this one seems the most ready to get bullish.
I would like to see a pullback to the 12s here ...... I am incredibly bullish this stock, if you look at the chart, I think you see why. My price target is well above those 80s....
I am seeing a break out of this wedge to the 32s....... what do you see from there. Pullback to ? and then bounce to? I am at a loss on this one.... Anyone? Thanks....
With Blackrock increasing their position size by 1000 percent and buying 13 million shares in yesterdays filing and the stock being owned 141% by institutions with 149 out of 150 of them long... hold on. The chart says it and the institutions do this thing is going to triple very quickly... fintel.io
AHT has been beat up and rightfully so, it's management chose a reverse split and to dilute shares at a critical time as the price was gaining traction. However, at this point the reaction is completely and unsustainably overblown. This stock is now oversold on almost every major time frame, and technically looks ready to break this downtrend. I am hoping today...
at 14.50ish. See if it wants up ... I think it may.
If a stock sells off before earnings, someone wants a better entry and its probably about to go up. The saying also says if a stock goes up before earnings, look out, someone may be unloading. Staying neutral. I have a small starter size position till it proves itself, ie the setup shows.