The PEAD projected a Bullish outlook for $NICE after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 90.91%.
TESTING this pattern.
Earnings are tomorrow BMO unless something changes. From what I have read, NICE is supposed to beat earnings but the talking heads and analysts can pick earnings apart if they want. Just curious as to what will happen as this is definitely an UGLY top. There is no telling what this market will do!
No recommendation/this pattern is not...
Cup and handle and is right around break out level.
Bearish divergence earlier on (white lines or price and RSI) that may or may not have corrected completely.
There is also a possible shark/bullish forming but not sure. If so It would take price to the .886 (marked). It is a matter of which pattern wins, the cup or the harmonic shark pattern. Throwbacks...
NASDAQ:NICE
Nice stock just got into intresting position.
You can see, that in the last half year, since the Covid-19 has started - the stock had major down support line that helps it keet his uptrend, and until now Its help make nice profits.
On the other hand, for the couple days, there is upper Resistance that make the all stock moving by the...
Long term analysis of NICE (TASE).
After 6 years of slow grind up, it had great 5 bullish years. COVID-19 crash seem to have paused the momentum.
Conclusion: Looking good on the long term, on medium-short term seems to be dependant on general economy mood, but since NICE is providing services that are very required and maybe even more during a lockdown, it may...
