Multiyear trend seems intact for now. Sitting on 200 EMA and on the trend line. Although CMF is negative which is a bit concerning. So a good entry would be if this bounces and CMF turns positive. Neutral for now but bullish if this bounces. Disclaimer: My opinion on stocks are mine alone and not to be taken as Investment advice.
Sitting nicely on 200 EMA and on the trend line. Watch for CMF to turn positive. If it does, it can continue along the channel. Fundamentals are strong and favoring google (since Ad $ lost in FB would naturally come here). Technicals favor a bounce if tensions ease in Russia/Ukraine Disclaimer: My opinion on stocks are mine alone and not to be taken as Investment advice.
Need to hold 200 EMA here. Should get back into trend channel and that will happen if CMF turns positive (i.e. smart money starts to put their cash to work here). In May it bounced and CMF turned positive at the same time. If that happens then it can get back into the channel. Disclaimer: My opinion on stocks are mine alone and not to be taken as Investment advice.
Expect support around these levels. Historically it has bounced along the trend line and currently sitting on 200 EMA. Long term traders may look to get in an these levels. CMF turned positive indicating smart money are putting their cash to work here. Fundamentals were strong from recent ER and Technicals are strong now. Disclaimer: My opinion on stocks are...
Clean bounce in the past on the channel lines. I think its the same this time as well. CMF is turning into +ve territory which looks prime for a bounce at these levels. MACD seems to be reversing at this moment. The stock price is sitting on the 200 EMA line. Overall the technicals favor an upside. Fundamentals are strong as seen in the latest quarter, Recent news...
I think the stock has bottomed. Last week we had a great ER. Looking for more upside
in addition a bull pendant pattern. Maybe a $34-$36 price target?
I honestly feel that we have reached a bottom, and with Zen_and_Vega in the horizon it seems it is a good point to get in. Also the latest dilution will help the company in the long run.
2117 needs to hold. if we have a breach, then 2088 will be tested post which there could be free fall.