* Weekly chart it’s been trading inside this parallel channel since IPO on December 16, 2020.
* If price action is consistent we might see a rebound to the 100EMA on the daily chart.
* 15 minutes chart is sitting at the 20EMA since the start of this trend.
* 36.88% UP since bottom on Oct 16.
* Price Target
- 6.30
- 7.70ish
Is rising volume suggesting that news are coming?
It is merging with Leafly Holdings Inc. ("Leafly"), the world's leading online cannabis discovery marketplace and resource for cannabis consumers.
Near to NAV, small risk.
News or successful combination could send the stock higher.
Trade with risk management and always set up a stop loss.
www.leafly.com
Robinhood Plunges After Huge Revenue Miss, Terrible Guidance, 7.51 % After Hours.
$HOOD exec says the company will seek regulatory clarity before bringing any new cryptocurrencies to the platform
$HOOD Revenue Per User: -36% y/y
$HOOD CFO: "It's going to be impossible for us to accurately predict revenue on a quarter-to-quarter basis."
$HOOD Crypto Trading...
Leading digital platform for Gen Z and millennials
- #4 most valuable Esports company (Forbes 2021)
- Combined social reach of 350 million gamers globally
- Equity valuation of approximately $1 billion
Social media Followers.
Twitter: 5.6M followers
TikTok: 6M followers
Instagram: 11.5M followers
Announcement :
fazeclan.com
Credits to @Kingtutspacs
In the last couple of months, $CLOV has seen a lot of volatility in the daily chart, current prices are close to support, and we could see a bounce to the 100 or 200 EMA if volume grows.
Bloomberg News reported Wednesday that PayPal is looking at purchasing the image-sharing social media platform.
Price -4.91 % Down at close.
Daily HODLING the 200EMA.
Orange Box 1st Target price
Red Box 2nd Target Price
What Is the Accumulation Area?
The accumulation area on a price and volume chart is characterized by mostly sideways stock price movement, which is seen by investors or technical analysts as indicative of large institutional investors buying, or accumulating, a large number of shares over time.
Source: www.investopedia.com
1HR
- Price trading sideways since...
- Swing Trade
- Price Action bouncing from support (GreenBox)
- Greenbox serving as support since late January.
- The last daily candle looks bullish and pinned.
- Earnings on 10 Nov 2021
PT Inside RedBox.
$SPCE ENTERING BUYING ZONE.
Swing trade
- LOAD UP BAGS AT THE GREEN ZONE.
- AVERAGE DOWN if we go to the bottom of the green box.
- IF PRICE ACTION IS CONSISTENT, expect a bounce to ATH (Red Box)
- STOCH RSI HIGHER LOWS.
$TSLA
Trading inside these channels since May, the daily trend points to a reversal to the 20EMA that could go all the way to the 50 EMA.
Stock RSI : Oversold
PT: Below $800
Earnings on Oct 21 could blow up the entire setup if investors react optimistically.
