The has recently been on a downward trajectory. A strong descending triangle pattern is forming. If the stock finds the strength to push through to the upside the stock could reach its previous stock price of the high 20s or low 30s. Good risk-reward to the downside as lower support is in the mid 7 range.
E-commerce is the future....
A lot of you have asked for an update of our Xpeng analysis. With the ongoing testing oo the resistance at $37.50, we are at a crucial stage of the price development. If the price is able to hold this level now, we believe that the way is paved for a strong bullish run. Also, we have adapted our price target for wave 3 in green, as we set it to $109.25 - $118.93....
Vinco Ventures also known as Edison Nation is a small but innovative company that deals with finding a market place for new ideas and products.
Unfortunately in the period of the covid as a result of the repeated lockdown and impossibility for the people to move its turnover is drastically dropped and the interests on their actions are quickly extinguished.
Today, we will explain our trading idea on ARKK.
What are we observing right now? The price is inside a descending Wedge pattern (106 days correction), and we are observing possible signs of a breakout happening soon. We can see a clear support zone that the price could not break, so we expect a bullish movement towards the next resistance zone at least.
XMR can now be traded directly to Bitcoin without an intermediary exchange on their native Blockchains using a technology called an Atomic Swap. This differs greatly from other so called swap platforms that only allow internal trading between ERC20 tokens, the major difference being that the XMR/BTC swaps are trading actual coins with their own blockchains not...
We have been watching closely zoom for the last weeks looking for the breakout of the massive corrective pattern we are observing right now. After 225 days, the price has tested both sides of the structure, mainly the lower zone. Based on that, we are getting ready for the breakout.
Generally speaking, it is not a good idea to trade a direct breakout of these...
The interest of the corporations in a large number of technological actions had suddenly been exhausted, probably due to profit-taking in relation to the previous strong rises.
Instead, the interest from these categories of investors seems to return and in fact the advisor immediately gave a LONG signal at the price of 57,72 USD with a target of 63,23 and a...
BFLY - Current Price $ 10.23 Price Target (short-term) $12.50 Long Term $20
This company created an Ultra sound that is hand held and can give you the same images and accuracy as the ones in use in the USA. The best part about the innovation is the cost reduction. These cost under 3k while most ultra sounds cost a million +. This innovative tech will be used to...
Today we will analyze zoom, and we will provide the setup we will be waiting for in case we observe a similar price action.
a) The price has been on a Descending Wedge for 170 days (corrective pattern).
b) Currently, the price is supported on an ascending trendline + Lower trendline of the Descending Wedge.
c) If the price breaks the...
$BLOK #Blockchain ETF 🚀
3-Day Chart Setup (for Positional trading/longer timeframe investing).
In Accumulation phase b4 the next leg UP.
For long term investors who like exposure to growth in this sector without picking #Winning #Stocks, #BLOK ETF provides the easy option!
The ETF that sets the growth stock path
It looks like ARKK has completed an ABC correction here and has found support at the 200 EMA, hovering above the 200 SMA, as well as a uptrend line that has acted as support for the Sept and Nov lows.
I think ARKK is a good buy at these prices. It may fall a little more as stoch RSI has a little bit of room, and could...
Today, we will post a quick view of ARKK
-The main bullish structure is the ascending trendline coming from MARCH 2020
-After a 33% sell-off from the ATH levels, we saw support on the ascending trendline
-From a more close perspective, the descending trendline of the sell-off has been broken, and now we are observing a corrective structure making a throwback...
Could potentially be a breaking point for DOTUSDT as the market recovering from recent pullback,
In my opinion there's a lot of room to grow for Polkadot,
Their innovating multi-chain technology is the very first step towards expansion
Projects are being added to Polkadot Ecosystem (currently at 76)
They have a unique working product in the DeFi...
TVK is forming a nice pennant triangle.
MACD and RSI are both bullish and showing a nice growth.
Fibs levels on the chart.
We can expect a nice 30% from here if it goes to 0.618 fib
Volume is very low so it's risky, invest at your own risks. This is not an investment advice, just sharing my thoughts.
As NFT is going super trendy these days there...
ARKK is selling off harder than the market this week. It's being attributed to liquidity issues and fund outflows. But technically speaking, the issue is that the ETF is simply correcting back into longer-term channels.
Where to go from here? In the past few years, ARKK has rallied well when the RSI(7) exits oversold conditions the second time in a row. And it...
The 1D chart for HAYD is looking really good today. We have multiple bullish signals.
- Today the price could break above the upper channel bound
- RSI indicator for 250 periods is showing >50% indicates the start of bullish momentum
- The volume indicators in the past few days were trending up
- Trading above the 55 EMA
There's a high chance that the channel...
MACD and Stoch in buying levels.
News about new projects in the UK Online Electronic Retailers, just came up on Feb 4th 2021.
This company is applying AI to marketing and e-commerce. I see a lot of potential, so I'm long #loopinsights