$SFIX Looking very overbought after an analyst price target increase earlier today. Money flow (MFI) has been on the decline since last week diverging from price action. Expecting a near term price correction. Targeting $44.00 level at least, we will see if that holds as support...further downside possible. Note: Informational analysis, not investment advice.
Price completed a 5-wave structure to the upside and is now developing a ABC structure. We are looking for a long opportunity around the 24.64 region with a fib and structure confluence. *Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a...
strong momentum in this stock, more then doubeling since its IPO level of resistence was set at 30$ area last week earnings push the stock up abive resistance and now 30$ is acting as support today formed a bullish candlestick - green hammer which indicate that buyers are here stop below 30$ and target at 35.5 could see 40$ in the not so far future
A cup noticed on the daily chart from Dec27 to Jun22. A handle follows from Jun22 to Jul05 then the breakout on Jul06 above $30. Considering the depth of the cup (about $10), the target price is $40 and the stop loss price should be $25. There is no typical rule telling us when the target price would be reached; SFIX is a young stock but we have two occurrences of...