NASDAQ:IZEA   IZEA Worldwide, Inc
is it time for izea to go up once again?

as u can see, for the past 3 years the MA 50 in weekly chart worked as a support ALWAYS.

just put SL close below it, and you'll be fine
consider tho, that we have MA 200 close too (but lower ofc )
Comment: ok check this out

usually, traders use a daily chart, right?
the weekly chart is considered for long term play

so, because and thanks to that, there are you option
1) a lot of people are investing in this stock LONG TERM
2) big guys are trying to get our money using DAILY CHART and fkin** us really hard using WEEKLY CHART to organize and to follow.

here is the proof

in the hrs chart, we dipped BELOW MA200 DAY! that's HUGE!!!

but, in the weekly chart, as it is shown in the idea itself, but also below, they DID make it bounce on the MA50 (+24%) that's HUGE too!!
Comment: and yes, I did play that bounce buying at the MA 50 (my entry price: 2.31)
Trade closed manually: closed at 3.00 USD. i don't like to play when the market is so volatile and in downtrend yet.

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.