With recent failure at $29318, Bitcoin has undergone major invalidation to its macro wave pattern. Seemingly invalidating its impulsive form, I believe the King of Crypto is due to form a big wedge/diagonal/wyckoff pattern over the next number of years. Considering the ultra aggressive drop cycle we've all witnessed, I believe Bitcoin to also be in yet another...
ShockWave Medical, Inc. ( NASDAQ:SWAV ) Sector: Health Technology (Medical Specialties) Market Capitalization: $7.109B Current Price: $198.62 Breakout price: $200.15 Buy Zone (Top/Bottom Range): $194.30-$180.50 Price Target: $217.20-$221.90 (1st), $246.50-$249.80 (2nd) Estimated Duration to Target: 38-40d (1st), 83-88d (2nd) Contract of Interest: $SWAV 8/19/22...
$SWAV remains supported at $165 since early dec'21 when market experiences 2 period of weaknesses. not the strongest name for past months but could be poised to be a late runner. have been challenging VWAP from ATH since 2022. recaptured its 10week MA this week.
NASDAQ:SWAV went back over the 200MA and 200EMA. Candle with Volume (over average) is a good indicator, that the next rallye is coming (also broke negative Trend). The last two negative days were both under the average volume.
Gaming stocks have been on the move since last summer & ZNGA is no exception if the broader market maintains strength we could see this one making new 52 wk highs very soon & longer term having room 2 run if gaming develops along the arc described in the chart above.