If volume continues to increase there should be considerable momentum for a break-out.
Been waiting for this one for a while. Got some calls yesterday. My money is on this hitting a new all-time high.
If it breaks above this downtrend line it could retest the $29.50-30 area.
Crowd Strike, although an incredible company that is rapidly growing, is a complete rip off right now. If you multiplied the total Class A and B shares by $ 70.00 high you would get a valuation of $14,135,982,257. This is obviously outrageous, even by historically low-interest rates/Trump Bull Run standards. You can imagine the typical reaction you’d get if you...
Currently retesting previous uptrend line. Will fail to break up and fall back down and test new lows. This is going below the open for the IPO.
The exchange rate is a symmetrical wave movement along an ATR axis. Therefore, the upward movement that is currently being developed can achieve an additional 3.88% increase. Then I expect a significant decline in the exchange rate, nearly 27%. The target price for the correction level is 24 usd. The target of the current rise is 30.72 usd.
PINS 5% decrease then 10% increase. Turning to a few days trading, the stock may be traded at 10%. The exchange rate adjustment level is 27.69 usd. It is advisable to wait for this decrease and start a long position from this level with a 30.58 usd target price. In the event that the wave structure discussed in the analysis develops, nearly 10% profit can be obtained.
3 white soldiers pattern created. Achieved 1st up wave max level, 32.63/423.60%. Now is going up to next target 2nd up wave max, 38~40 around? Once touched 2nd up wave max, will see adjustment. Good luck.
I like Pinterest as a product, but I don't participate in this IPO. The main reason is the market doesn't like social networks IPOs: Twitter, Snapchat. My expectation is +30-40% in first trade day, maybe this will even hold strong at first quater, but then the financial result with estimates of -1.6 EPS will do the thing, -1.135 billion spending will make it...
price has been dropping steadily over last 2 years but has not made a new lower low below 1.2502 and as a result rejection candle above 50/200 sma line formed in september. Entered one daily inverse head and shoulders with targets set previous highs FX:USDCAD