NYSE:FVRR has broken through the ceiling of a falling trend channel in the medium long term. This indicates a slower falling rate initially, or the start of a more horizontal development. The price has reacted back after meeting the threshold at 21.72 after the break of the head and shoulders formation.
A significant penetation of $26.73 will again give new...
Hi Guys, Welcome!
This Technical Analysis is about Fiverr (FVRR), its on the 3 Day Timeframe.
Since May 2022, we've been in what i believe to be a BOTTOM consolidation zone.
As you can see we are back around the prices where FVRR first became public.
This is about 90% from the TOP of Feb 2021.
The BOTTOM Zone is shown as the GREEN Rectangle with the RED...
Fiverr - 30d expiry- We look to Buy a break of 33.55 (stop at 31.18)
We are trading at oversold extremes.
Prices have reacted from 26.27.
Price action has formed a bullish ascending triangle formation.
The bias is to break to the upside.
33.04 has been pivotal.
A break of resistance at 33.50 should lead to a more aggressive move higher towards 40.00.
Our...
Fiverr - Short Term - We look to Sell at 43.39 (stop at 46.02)
Price action continued to range between key support & resistance (31.00 - 44.00) and we expect this to continue.
Posted a Double Top formation.
Expect trading to remain mixed and volatile. 45.75 has been pivotal.
Bespoke resistance is located at 44.00.
Daily signals are bearish.
Our profit...
Fiverr
Short Term
We look to Sell a break of 33.37 (stop at 38.56)
Further downside is expected and we prefer to set shorts in early trade. Price action looks to be forming a bearish flag/pennant. A break of yesterdays low would confirm bearish momentum. Our overall sentiment remains bearish looking for lower levels.
Our profit targets will be 20.13 and...
Fiverr - Short Term - We look to Sell at 89.12 (stop at 99.18)
Previous resistance located at 90.00. 50 1day EMA is at 94.00. The primary trend remains bearish. Our overall sentiment remains bearish looking for lower levels. Preferred trade is to sell into rallies.
Our profit targets will be 62.15 and 52.88
Resistance: 90.00 / 100.00 / 120.00
Support: ...
There is a perfect double bottom on FIVERR at the 4hr as you can see here.
A double bottom, especially on 4hr, is extremely bullish.
I'm looking to TP around $260
Even after the recent partial recovery, FVRR still trades 40% lower than all-time highs. Is this a buying opportunity?
The answer to that question depends on how long you believe FVRR can sustain elevated growth rates.
Wall Street consensus estimates call for FVRR to grow revenues by 51.66% this year (which would be the high end of company guidance), followed by...
FVRR Short-term/Day-trading SHORT/BEARISH - We're currently in a very strong downtrend, we see a strong resistance at the current 0.618-0.66 ($200.54) of the Fibonacci Retracement, if can hold this resistance strong, we expect a decline here and to reach at least the 0.618 of our Fibonacci Extension ($164.50) as TP1 and if that turns into resistance our next...
Yo!
so.. not much to say, if it breaks I would like to see it verify with support line..
if not itll keep move in the tunnle.
Goodluck,
t347.
NYSE:FVRR
