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...
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...
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, let me get into a few of my insights. Fiverr as it stands have been on a positive bull run recently, and the dip shouldn't be a worry given 1) The previous pattern suggested a small dip 2) The retracement could follow as high or...
First off, please don't take anything I say as financial advice or seriously. As always, this is on opinion based basis. That being said, the sell price is set to $57 for Fiverr and it has a $8.75 spread. Given its recent bullish runs and retracements, I expect a buy order for $60 as a bid to be a reasonable target and then it is feasible to see it surge back up...
