PLTR has been bleeding this past week. The huge volume spikes around the 25-29 zone make me believe that many people took opportunity of the lower share price to get in, while a lot of people took their profit/loss, probably in fear of a declining market for speculative stocks after recent events.
Volume is almost as high as during IPO, and the trend is currently...
Price seems to have a lot of support around 1.80 , which looks like a nice point to enter. I would wait and see what this week holds, as I suspect it could go test that support again. I see this stock as a long-term play, but the price might oscillate around that support once more before rising.
I will pay attention to the MA90 crossover, as it could indicate a...
I will watch this ticker for the following week, looks like we are about to observe some movement as the price reached the support at 1.00. The downtrend has little strength as indicated by the volume, which is why I am expecting the price to rise more than to fall. I will observe the potential signals highlighted in order to know if I should pull out or stay long...
BNGO broke below the 12.00 support today. Two possible scenarios now, the price further tanks but I would not expect it to dip below 10. I am personally expecting a bounce back after today's dip as:
Not much volume to justify downtrend strength
Stochastic shows oversold signal at support
RSI shows oversold signal at support
No strong downtrend...
I have seen that ASRT needs to stay above 1.00 for 10 days in order to stay compliant with Nasdaq listing. According to the chart, that means the compliance will be completed on Monday Feb 22 if they close above 1.00. Now multiple scenarios could happen once compliance is reached. Buying pressure could lower which could make the price tank below 1.00, as they do...
As a holder, I hope I am wrong about this analysis. Nonetheless, it doesn't change the long term goal of landing on the moon, so this might be a good time to think about possible support levels to buy the dips. It is very possible that the uptrend seen on the daily keeps on giving if the price can breach 50k, but it has been testing these areas for some time now....
VYNE Therapeutics Inc. has caught my attention recently after they announced a reverse stock split at a ratio of 1-for-4. As a novice trader, I am now interested in observing this stock's behavior as it starts trading on a split-adjusted basis, apparently on February 16th. Consequently, I have opened a position with the belief that the price will see an...
