This will be a fun one to watch!
Bull flag and nearly overbought on RSI = bullish. But could definitely and will likely continue downwards momentum. If it breaks support at about 20 dollars I think it could fall hard. We will see. Best of luck to those trading this one. Just remember, there is no bullish side or bearish side, only the right side.
Seeing high demand in 19.95 - 20.60 range... something has to give. If on Monday (6/25) we can break resistance at 21.45 we could see a major breakout similar to long breakout on 6/13 (first green arrow). With that momentum we could pass up 50 MA! Fundamentally HEAR can see this momentum from "Fortnite Effect".
Let me know what you guys think. High school,...
Symmetrical triangle with ascending and descending lines with similar slopes. At 75% of the triangle we should see a breakout. Could go either way. With bullish breakout from triangle it could take us to a 24.30 test. Bearish breakout could take us to support at 21.45. I am expecting a bullish breakout due to the momentum of the company due to the "fortnite...
Symmetrical triangle with ascending and descending lines with similar slopes. At 75% of the triangle we should see a breakout. Could go either way. I believe in it going long just based on the momentum of sales and Fortnite popularity. If breakout sees a continuation, could take it up to a 24.30 test. Bearish breakout would see support at 21.45. Sell stop put at...
