Phala Network pumped then got rejected on 200MA resistance, now heading towards 50MA support where we expect a bounce back!
Current Price= 0.00000970
Buy Entry= 0.00000960 - 0.00000876
Take Profit= 0.00001169 | 0.00001472 | 0.00001979
Stop Loss= 0.00000751
Risk/Reward= 1:1.5 | 1:3.32 | 1:6.35
Expected Profit= +27.34% | +60.35% | +115.58%
Big breakout from 5-month consolidation channel and Ascending Triangle. Anytime we get a breakout from consolidation channels like this, we want to measure the high and low of the channel and add that measured distance to the top of the channel. The implied move here is $120.
I picked the timeframe of the superior uptrend and downtrend of Momo and draw the same sideways formation before the big jump 2015-16.
And what a surprise, there are similarities about the price action.
1. IPO prices sinks
2. Rises back
…and so on
Momo is a free social search and instant messaging mobile app for Millions of Chinese people. The app allows users...
Boy, I scan companies for a living and although this ones balance sheet (as I write this) may not be the best pick for VALUE today, it is certainly setup well for an earnings surprise going into Q2. The CEO has said they have realized over $1.5M USD of top line revenue with an entire MONTH left in the quarter.
Not to mention - he even said he fully expects to...
I see the same chart pattern of stocks that made 5-10x. The rocket is fueling.
Clickstream put a down payment on buying Vegas Winners: "The Company was granted by Thomas Terwilliger, the Winners Inc. ’s Chief Executive Officer an option to purchase 149,012,000 shares owned by him representing approximately 83.3% of the Winners Inc. ’s then outstanding common...
$RDAR in collaboration with its OUR program which combats teen bullying and child trafficking has been broadcast to news outlets and is said to have many updates coming soon. Grabbed a chunk today.
Now I wanted to post my TA of a near $1 GNUS was possible, but I didn't cause I don't care nor have a position. I'm just watching it as I eat popcorn
-GNUS is bring alot of talented people on its team, yet again this is a growing company trying to establish a foundation. Theres one problem with this tho, its they had years to establish this foundation, so it...
Earnings was pretty bad for Netapp as they slashed guidance.
Market sentiment is complicated right now, if a stock doesn't do well fundamentally, it really takes a toll.
Support around $36-38
Clear entry on $Hydro under 30 sat, TP in a month aprox. With news upcoming and the adoption of their tech, money will flow into it.
Always DYOR, this is not a financial advice, trade on your own ideas, follow the ideas you support and confirm them.
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AppCoins has been steadily moving down since the beginning of May. Price has decline from 8455, down to 3900 satoshis, loosing 54% to the Bitcoin. On the 27th of May, APPC/BTC found the support at 23.6% Fibonacci retrenchment level, applied to the uptrend trendline breakout point.
Today AppCoins is attempting to form a double bottom at the very same support area,...