Possible cup and handle forming on the daily chart coming up on earnings. Let's hope we get a positive report and see this stock cross over the 200EMA. I am looking for an entry between $11.50-$11.70 and we should see an upward move to about $13-$14.
Matrix Service Co is an engineering and construction provider for large industrial projects, primarily in the oil and gas, power, petrochemical, industrial, mining, and minerals markets. It offers engineering, fabrication, construction, and maintenance services, operating across four segments. Its Electrical infrastructure segment constructs and maintains a...
Testing a Scalp here not sure if this will move enough for me but I like the way this looks and want to test this trendline that I saw. Took entry with two option calls til June 18th.
Loop insights has finally found its floor and investors confidents is starting to come back as the price has finally broken out of its price channel. Due to all the recent news and our bearish month finally over ape-pril should show great signs of recovery that will possibly carry on into the summer months. Party starts at $3.09, don't be late. Please do your...
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 TSXV:MTRX
Huge potentional for upside. Check the news check the chart.
i suspect that we will see a repeat of the previous pattern, if MTRX is able to make it to 2.13, id expect a pull back if buying volume continues to remain low
Just an update on this beautiful stock. I believe we completed out 1-5 wave up and now in our correctional wave down. I would love to see a double bottom on the .618 to enforce its new floor. If we break through this .5 fib is where I will be buying more getting ready for a major bounce. The macd is over extended massively, we are far off our 200 ma and the RSI...
looking for MTRX to hold support above 2.20, based on the past 3 trading sessions patterns i feel that it will hit near $2.40 in the AM.
Looks to be a bullflag on the 2hr chart, will be watching for a morning break out.
Absolutely incredible run! Loop has delivered some fabulous news to the public which helped the pump but could not sustain it. Looking to retrace to .76-.66 and then to re-enter my position. Great team, great product, cant get to attached to a stock but this company is moving. VANCOUVER, BC, November 18, 2020, Loop Insights Inc. (MTRX:TSXV) (RACMF:OTCQB) (the...
$MTRX is looking like a textbook cup and handle pattern, if this break the resistance this week we will be looking into some beautiful upside. My first target is .52c - .55c then if the relative strength is still high we may be going to .65c. Reasons for being bullish: 1. Cup and handle pattern setup. 2.Product will be available in a matter of weeks assisting...
$MTRX looking like steal as a cup and handle has possibly formed and now looking to take off. This is a higher risk trade than other so please beware. Targets are as shown on charts and blue lines are out "major" resistances. I rather like the idea of the company and what is can provide but only time will tell. Good luck. About: Loop Insights - Like the internet...
I don't know much about this company or if it's legitimate. To be honest, I have skepticism about anything resembling its business model, specifically, anything that's supposed to become big as a result of the hysteria around the Wuhan Virus pandemic. However, I'm a big believer in leaving the technical analysis to the savants at the large firms and letting it...
MTRX formed a nice fallen angel formation. It been scooping up nicely & now just breaking out its SMA20. We think it has good upside potential from here. * Trade Criteria * Date First Found- June 8, 2017 Pattern/Why- Fallen angel pattern Entry Target Criteria- Break of $8.73 Exit Target Criteria- $11.87 Stop Loss Criteria- $7.96 Please check back for...