The stock is very thin and dangerous because the volatility. In my opinion we are assisting in a pullback on the 200 daily SMA to recharge the power for a new direction trend. Long from the level of the 200 SMA (red line) and stop if the prices will lose the 200 daily SMA
I guess is started a 3 minor wave that will bring the prices more over 17$
In my opinion the stock is in a major wave 5 that will bring the prices over 48. At this link you can see my previous analysis
Ferrari is winning is race with this spectacular wave 3 on going. The first Fibonacci target of this wave is around 250€
The firm as involved in the production of cannabis. The prices are moving around the SMA 200 W. Long from this level with stop loss indicated in the chart.
Generally in my trading method I use the Simple Moving Average. I bought at 3,77 the stock when the prices dropped on the 200 daily SMA. If I try to count the waves probably is started a huge III major wave. I'm in and right now the gain is +20% in 3 days.
The prices are making a pullback on the 200 daily SMA. The IN area in my opinion is the green box with tight stop loss due the RSI value. From the green box LONG until the prices will be on the 200 daily SMA
The prices designed two pullback on the 200 weekly SMA. The SMA is designing a rounding bottom. My opinion is to enter at those prices for a long position until the 200 weekly SMA will sustain the prices.
I'm trying to coubt the wave of Aleafia and seams like a iii minor of a III major started. Could be possible? I hope Yes!!
RSI in ipersell and prices stopped by 200 daily SMA. From this level is higly possible a reaction. Stop loss on the minimum of the last candle.
I guess the firm correction movement ABC is near to find a support on the weekly SMA. If we change time frame from weekly to monthly near those prices is passing the monthly SMA. Tomorrow I'm going to enter @82,60 for a long bound as showed in the chart.
Mondadori has designed a clear rounding bottom. The prices are now on the 200 weekly SMA (Red area) and after a pull back on the SMA (over there has been a gate to enter) the prices are sustained from the SMA. LONG for a LONG TERM OPERATION until the prices are sustained from the SMA.
The configuration of the the firm is typical of an invertion process. Rounding bottom is formed, the prices broke the 200 SMA and now with the pullback and the RSI so low there is an opportunity to enter. I am long from the green box with stop loss in case the prices will lose the level of the 200 daily SMA
The prices of the firm are supported this week from the 144 weekly SMA. The oscillator RSI is in the iper sell zone. I took a position long til around the level of 110. SL and TP are indicated on the chart
The SMA 55 weekly supporting the prices. Long from this level with Stop los and target indicated on the chart
The prices are on the 55 monthly SMA. Long from this level with stop loss if the prices will loose the recent minimum level.
Very nice chart with the the Fantastic 4: 1. Accumulation 2. Puncture 3. Pullback 4. Up Is time to enter in the green box with stop if the prices will los the 200 SMA (red). Rounding bottom and invertion of the trend are in act.
The prices are crossing the 200 weekly SMA. My opinion is a possible bound from this level with a tight stop.