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TBirben
Feb 17, 2021 4:14 AM

HFOV Formation Long

Hall of Fame Resort & Entertainment CompanyNASDAQ

Description

🐂
- $2.5 strong support area
⁃ Bull flag formed
⁃ Cup and handle formed
⁃ RSI bounce area
⁃ Entry risk is low due to 21EMA Bounce
⁃ Newly formed 200SMA has golden cross
⁃ MACZ at bottom of swing low
⁃ 100k shares bought by 5 insiders on Feb 12.
30M public offering closed
⁃ Projected to double revenue next year
- ER coming up, COVID restrictions easing, may perform well

🐻
⁃ COVID restrictions
⁃ Fundamentally Heavy concentration in rebuilding and infrastructure makes it great long term buy rather than short term
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