We see a series of higher lows since November 2020 and a recent break out above the descending trend line on the weekly chart (wedge). Also the MACD is crossing over and momentum recently crossed above 0. Watching 12.55 as support. Targeting: 12.93, 13.95, 15.31
MACD is curling up and about to cross over and the most recent candle broke the descending trend line. I would like to see the price break 6.64 with volume to avoid a possible double top. In the event of a double top I will consider adding share on a retracement to the .5 or .618 fib(s) $5.82-5.91 Target $7.36
The D+ on the ADX is curling up and the MACD recently crossed over. Price recently crossed $7.25 which has been a significant level in the past. We also see a double bottom (3/8, 3/14) which is very bullish coming after a downtrend. Finally with a POC line ytd at $12+ I feel that CTLP has bottomed and is ready to reverse. Targets: $8.47, 8.94, 9.60 in the near term.
The MACD is crossing over and after making a double bottom the price recently broke above the descending weekly trend line. We also see D+ curling up and D- crossing bellow the ADX line which implies an uptrend. It appears that 4.70 may act as resistance in the short term given the congestion at that price, which is also the .38 fib level. target: 4.96, 5.31,...
The MACD is curling up and the price recently closed above the .5 fibonacci level and is getting close to the descending trend line. Premarket looks like it will open to the upside. I anticipate resistance at 10.30 as this was a prior double top. first target 10.44, 11.35
On the daily chart we see a strong rally after a triple bottom and we also see that the recent candles have expanded the trading range in the last few trading days and the close was at the YTD POC line. The most most recent candle tested the 1 Fibonacci level and the 9ema to close well above both. With an EPS beat and an incoming golden cross I anticipate the...
The 9 ema recently crossed both the 20 ema and the 50 sma and on the ADX the D+ crossed the ADX line and is well above the D-. In addition the price bottomed on 2/25 at a former resistance level and has since bounced with daily candles expanding their range. There may be some resistance at .071 which was a prior low. Targeting: .088-.119 in the short term.
Price recently tested its recent low of $334 and closed above it. The most recent candle, however is bearish. The volume for that candle was less than half of the volume of 1/24 when it made the new low which suggests that investors/traders were less enthusiastic about buying the dip. In addition we see the ADX displaying a strong negative trend at 30 as the D-...
NGD has been in a significant uptrend in February after making a double top that manifested a Cup & Handle pattern. Price closed above the descending trend line to break out of the wedge. ADX is showing the start of a bigger trend. First target 2.20 , 2.94, 3.57
We see a MACD cross a few days ago and price recently closed above $11.80 which has acted as support/resistance on the monthly chart and also broke out of the descending trend line on the weekly. The most recent close also managed to take out the .5 fibonacci level. Looking for 12.63 in the short term and then 13.19 I will be watching price action going in...
VERI fell victim to the tech sell off and is well off its recent highs. Price found support at the 13.5 area and has bounced since. Price tested the .61 fib level and we have a MACD cross. In addition it received upgrades recently. Looking for an eps beat and a move to $24.88 +
After a double top in November the price retraced approximately 20% and fell bellow the 200MA. It appears to have found some support at 6 as the MACD crosses. I would like to see the price close above the 200MA to initiate a long swing trade. target: 7.43, 8.29
Price managed to stay above the (weekly) uptrend line and tested the .38 fib level for the third time in just a few days. Also the D+ crossed D- on the ADX. Looking for a close over 3.83 for a potential entry. Targets: 4.21, 4.59, 5.12
Price gapped up to open yesterday and closed at the .78 fibonacci level after testing the 1 level with a long wick. In addition the 9 ema crossed the 20 ema and we see a MACD cross starting. Price has made higher highs and higher lows in recent months and D+ crossed D- on the ADX. Yesterday's long upper wick suggests there could be a pull back today so I will...
I remain bullish on ATT and plan to hold through 2022, however the stock has rallied over 20% in less than a month with the RSI approaching over bought levels going from 29.8 to 74.6 in the same period. The price pulled back after breaking thru resistance and closed under resistance which also coincides with the 1.61 fib level. I anticipate a pullback to trend...
We see a fresh MACD cross in addition to the D+ crossing over the D- on the ADX. The most recent price action is very bullish starting 12/15 when we saw a double bottom and rally back above the POC line (1 year). 9 day ema is crossing the 50 SMA and the most recent candle was very big and green and filled the down gap from a few days prior. With today's high...
On the daily chart we see a massive symmetrical triangle that started in June 21 when the price rallied from the low $2s to a high of $10.20. Price has bounced within the triangle testing the testing the ascending and descending trend lines 4 times. The current price is exactly at the POC line, where the most volume of shares have traded from June 21, 2021 to...
Price has been consolidating for about a month and the MACD recently crossed. We also see a double bottom in December. With the price closing above the .23 fib level and the DI+ crossing the DI-on the ADX in recent days It looks like a bullish reversal is in coming. Targeting: .9055, .9819, 1.05 in the short term.