Get ready for another lackluster of action from Carvana stock. the 200 is still settled, 100 moving in the northward direction, but we do see the similarities of the channel on the daily which continues to go up and down like a yo-yo
The current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
Shares of healthcare professional network Doximity (NYSE:DOCS) jumped 29% in the morning session after the company reported a classic "beat and raise" quarter that investors love. Third quarter results beat Wall Street's expectations for revenue and handily beat expectations for Adjusted EBITDA and EPS. Additionally, it was good to see Doximity's optimistic...
This structure is actually very similar to what we are seeing on the TOTAL2 crypto market cap chart.
A reversal structure in the form of an inverted head and shoulders pattern
Very nice
Bullish
- Broke existing trend
- Building base
- Positive FCF
- Positive Income
- Funds accumulating
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
“It never get easier, you just get better”
Cheers and happy trading!
Price is on an uptrend. Price has recently mitigated the bearish POI at 46.94, and taken liquidity at 39.09. There is also sell-side liquidity being built since the last earning call. The price grabbed liquidity at 39.09 and is unable to produce a sustained uptrend to breaking market structure to the upside. The volume on 3 August 2022 is also increasing. I'm...
Doximity, Inc. (DOCS) expects revenue between $88.6 million and $89.6 million for the next Q vs $96.8 million expected.
analyst Sandy Draper: “We see it as a buying opportunity for investors." “We are lowering our PT to $52 from $70 to reflect a lower multiple as growth stocks continue to see multiple compression.”
The P/E ratio is decent, 56.01.
I expect a...
Doximity ( NYSE:DOCS ). The algos may have this one set to fall for a while, unfortunately. Fairly new to the market, it made a new low in January 2022 and may need more time to find the actual bottom. The support and resistance lines/angles all indicate a falling wedge down to $10. The thick white lines on the chart show major support/resistance areas while...
so the stock is going up because the market has been 4/5 green consecutively. if it breaks my channel of 53.40 we are in an uptrend, with targets standing tall at 60 and above. If this breaks, the stop is at 1% of this exit which is 0.53, so my stop for the bull breakout is $52.86 as I see it heading towards $60.
I have a channel if it breaks 53.4 it can go to 60 and beyond, if it fails 53.40 then it could continue to channel and go to $45 and below, depending on market conditions. Entry was shy of 48 targets as short is 44.85 +$3.02 otherwise I pull out 1% from a stop which is $52.86, and take a loss of $4.99 Risk outweighs the reward.
Risky Entry here look for entry around $69-70
Rejecting Ascending Triangle will need to hold above $69 to resume bullish
SL:$72
TP 1 $68
TP 2 $65
TP 3 $60
TP 4 Open
NYSE:RBLX
NASDAQ:UPST
NASDAQ:OCDX
All of these stocks did the same H and S pattern before breaking out. I attached this pattern simply over a fib retracement of the current trend to establish what the pricing could be. The H and S could play out, but the H and S playing out as a breakout pattern is a more likely play.
Docs is a good longer term play but forming H&S. I think it can go to $80 and past in the next few days, but downside to $66 is far more likely in my opinion. Look for the neckline to be broken
DOCS recently found IPO support on the line but has again failed to move much after. VPVR is showing a heavy POC line right where it got rejected last week, forming a nice bullish ascending triangle. I am confident DOCS will show a strong ER and it will finally break over the POC and start to rally again.
