USDZAR perfectly hit the 50% fib retracement level following a breakout from a minor upward channel. We are forming a bigger wedge which I believe will result in USDZAR's next target to be $17.00. I remain a long term bull on USDZAR.
OPGN has slowly crept up ever since that insider buying in June. After meandering around the 786 fib line for weeks, the stock finally headed back toward that 618 fib line and...yet again...was rejected at that level. In general, momentum has been building in the stock but now with some attention, this 618 fib level could be an important one to keep an eye on for...
AMC fib retraceement right now lining up with some key areas, first the 50 fib has been somewhat of a pivot over the last few sessions of consolidation. Meanwhile, this 50DMA switched to a possible resistance level late last week. Heading into the new week these will be key areas to pay attention to for longs and short alike. In addition, volume will also be...
Following up with the NRXP levels from earlier this month, it looks like before it reaches the 618 fib line, there's a pretty clear area of high traffic that has acted as both support and resistance over the last few months. That happens to sit right around the $28-$30 area. Aftermarket on Friday, NRXP failed to hold above it and settled back down just shy of...
CIDM approaching 786 fib, which has continued to be a resistance level since last summer. It's held above this a few times, but in general, CIDM has failed to break above more times than it has successfully remained higher than this level. However, current potential support has fluctuated on the price scale but remains consistent vs the 200DMA (in red) for the...