Unveiling WOW Stock: Potential Double Bottom Signals Opportunity Amidst Knife Catch
WOW stock, an intriguing asset in the investment landscape, is garnering attention for its potential double bottom formation, offering investors a sharp knife catch opportunity. With the next test for breakout set at $5, a successful breach of this level could trigger a massive...
Hello !
Key points :
Significant support
Pullback after breakout
Wide-range candles in the direction of the trend
Indecision + volume increasing
As I pretty much always do, I went back in time looking for major support and resistance zones. To do that, I switch to a line chart and I take a look at the 1-year timeframe, it's way easier to define the major...
Just looking at random stocks and this one doesnt look too hot to me... It has a 100% 'analyst' buy rating but what do those yahoos know how to do besides unload bad stocks from their portfolion onto the new traders of the world.
Looks like it respected the 50% so a 100% move from the 50% would be the 150% lvl around where the TP is... See if 50% is respected...
On March 21, the director of the company purchased shares worth over 10 million. Let's see if the stock will be able to come back from the falling trend.
