The price has been in a downfall ever since hitting all time highs during the pandemic but as of recently the price has shown a confirmation of an ascending reversal.
Fundamental analysis: A learning platform with high potential for the future. The corona crisis has left considerable traces in daily education, which will continue till after the summer. Learning platforms like LRN (Stride) will benefit to the maximum. Technical analysis: 1. Trend breakout (see picture) 2. A solid foundation for a potential break-ut 3. This...
Long term support on 200 SMA WEEKLY chart, and double bottom on daily off this 200 sma Weekly. Target #1: $30 Target #2: $50 Obviously there is covid in play and others that are taking advantage of this company during this time. Long term results should show this on the chart.
LRN poking its head above trend here. RSI looking pretty set to run
Growing account pick. This is super oversold, looks to have bottomed and is facing pressure from the lower trendline. This could pop, over the trendline and over 24.00 is confirmation.
Currently in phase D, good time for entry during mark-up within accumulation phase
Watch this stock move as new countries, states consider/announce shutdowns.
Strong growth metrics.
Keeping an eye on $LRN after today's inverted hammer candle. Last two days were decent size red candles on light volume and today's inverted hammer candle saw an uptick in volume. Would like to see it get above $29.50 before entering position. Target would be the $31.33 area.
Likely to head up next week. Right now testing the 23.6% retracement level.
Continuous 6 week decline ---> oversold.
Keep an eye on this one -- we like it long right here. Multi-year breakout above $40 last month now holding as support. Deep pullback to the 50dma with a large open interest put level at the 43-strike to act as support as well. Shorts are in covering mode down over -18.03% over the past 2-weeks. Options are moderately priced in the 19th percentile as well.
Long opportunity -48.3 Get in at the first green line - 51.8 TP
LRN just hit all-time high @$51 this morning, My limit sell order was at 50.38 My order got filled while I was sleeping this morning... I had a rough night last night...lol Retail investors of won't be able to cause panic sell-off, its because 80% of the LRN stocks are institutionally owned. Every time there is an attempt of massive sell-off, the institutional...
Could go higher if it holds $44 . Next support 24-29 Messy between 29-44