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jacobosiason7
Nov 14, 2021 9:05 PM

Bullish- Breakout Play Long

Fiverr International Ltd.NYSE

Description

FVRR starting to look really nice here- confirmed double bottom off support, bullish ABCD harmonic formed (Not Pictured), along with a strong close on Friday to reclaim the 50-day SMA. Along with the symmetrical triangle its been holding on the daily timeframe is additionally is holding a massive falling wedge on the weekly timeframe (See Attached Chart Below)- Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on in the meantime- Bullish and looking for a breakout (Broader Market Conditions Permitting)

- Falling Wedge on the Weekly Timeframe
- Symmetrical Triangle on the Daily Timeframe
- ABCD Harmonic Pattern Formed
- MACD Golden Cross
- EMA's Starting to Curl Upwards (Not Pictured)
- Buyer Volume Picking Up

PT1- $196.98
PT2- $200.73
PT3- $202.22
PT4- $204.47

Weekly Timeframe


Comments
cmquiroz82
Fall 10% :(
igloomigloo
Agree and hope for the best :)
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