In this chart, BINANCE:LDOUSDT surpasses its previous ATH of $0.389 and currently around that price. What would be the next potential resistance to watch. I'll provide a technical analysis in the comment threads below.
It's not perfect but it may be close. Let's see how it plays out now. I still expect some corrections/check backs if it heads higher, but so far it is playing out nicely.
Disregard the solid diagonal white trend line, not sure what I was trying with that one. Maybe it will be a point of resistance, maybe not.
Relevant fibs of support and resistance also...
Cepton ( NASDAQ:CPTN ) has been quiet for a few quarters now. Earnings are coming up on May 9th and revenue is expected to increase each quarter to 2024. According to TradingView's Forecast, 3 out of 5 indicate CPTN is a strong buy. The expected revenue growth through Q4 2023 is expected to grow almost 4x from where we are now. What is great, is no one is talking...
Solid set-up building...All signs of possible breakout...I'd wait for test of 20 and pullback for long entry.
Or go long above 16 and watch closely around 20. Failure there should bring it back to 12, but bull case is looking good for now.
Rejected 30 EMA and VWMA and bearflag formation. Likely tests low again. News Catalysts also are not helping this clear the downtrend. If it can consolidate here above 14, could have shot at breakout.
Not a financial advisor.
MVIS had a historic run and made a lot of news headlines last year.
We appear to have seen the bottom and look for a 3 white soldier reversal to confirm the strength upward.
This was one of the best plays for volatility in the market with the price swings. Also had major booms in the market seeing major price increases.
This is...
$INDI did as I expected in my last post on $INDI. Considering the general tax selling sell-off in the market towards the end of the year it is possible that it is headed to its main support area around $11, which is nearly 200SMA today. This is a drastic pullback, but SPACs have not found their firm stepping stone to higher prices yet.
We've got a clear gap to fill at 12.88. Although it feels like she might go testing the latest 50% swing retrace before coming back down to fill that gap ahead of the live demo in Sept at IAA Mobility. Also keep in mind that they still have another $70m left on the ATM.
MVIS has been stagnant for a few weeks leading up to these latest Q2 results. The 786 fib line using Q2 lows as the anchor reveal some important levels and this 786 was one of them. It was a prior pivot point that more times than not ended up being support and/or a level of consolidation. It was only until recently that MVIS ended up failing to hold its...
Our last weekly candle closed near the top end of the trading range. Also notice there is a potential cup and handle pattern forming here on the weekly chart. This could be a sign that we will soon break out of this current trading range and close a weekly candle above 20.50. We would then be looking to make a new high, in what appears to be a solid longer term...
Holding nicely above $10. Just needs a bit of volume and a catalyst (LiDAR partnership perhaps?) to get her back in the 20s and retesting that 27 area. A market crash feels like the only thing that could stop this overall bullish trend.
We are looking to break out of the red down channel and fill that $17.53 gap. The next major news release takes us to somewhere between $30-$40. Good luck!
If things continue to get crazy ahead of earnings then look for that $41 fib ext target to get tested. Otherwise, the healthier move would be a retrace to find new support. Mind that gap too, it might need to get filled post earnings call. Good luck out there!
This is a log scale view to give a better overall picture of the lifecycle of MVIS. Assuming the LiDAR A-Sample update is a solid one, the next pop should take us to around $28-$30 before we come back down to find our new support.
Breakout of this pattern will send us testing the upper range of the bollinger band around 19.50. A failed breakout likely send us back to that 14.73 area for potential new support, which IMO would be a healthy move. Expected A-Sample update on April 29th's earning call will impact the share price.
