Get started
gamer456148

Past Mini Bearish Dip, more Surge --> Now Take $IZEA Profits

Short
IZEA Worldwide, Inc. (NASDAQ:IZEA)  
gamer456148 Updated   
NASDAQ:IZEA   IZEA Worldwide, Inc.
Trend Analysis Chart Patterns Beyond Technical Analysis Stocks shorts chartpatternstrading Bearish Patterns Support and Resistance short stockanalysis trading
5
2
trendanalysis chartpattern beyondta stocks shorts chartpatternstrading bearish supportandresistance short stockanalysis trading
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I previously predicted a bearish run for IZEA. It ended up dropping below the $2 level, but quickly retracing positively (to my surprise). However, I think it is heading towards a risky zone. I feel like you can take the profits now or set a sell order at $3 if you want to be extra risky, and just dip. This surged so much, and I feel like it is better to take the profits if you can rather than wait. You can then reinvest later on to mitigate risk.
Comment:
Dropped 4% just as I was typing this, lol. Seriously though, keep a close watch on this as it was quite bullish recently.
Comment:
Not trying to purposely shorten the stock btw, just telling people it is too risky to wait at this current level. Have nothing against the company.
Comment:
Also, still think it can potentially get close to or even hit the $3 level before bearish run, but keep a close watch
Trade closed: stop reached:
Guys, told you it is a short.
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.