FUBO looks ready to reverse! SMI and RSI both curling back up, 5 DAILY candlestick sitting on the 20EMA, and earnings on 3/2. After doing some DD, we see a lot of news with regards to PT upgrades to Buys, expected sales of $97.2 million, and with revenues growing by over 71% in just this last quarter, I'm bullish after this healthy dip. Looking to take some...
HBD developing on the 4hr along with possible HBD on the daily, at the bottom of a ascending wedge. I'm aware that's a bearish pattern but it still has a lot of room to develop so could just keep bouncing in the mean time , easy R/R if it does break out to the bottom of the wedge. Target is the top of the channel so PT could keep changing along with your stop loss!!!!
Added to my SOLO position today. Looks like its trending upward in a new channel. Gaining volume & RSI reversal
SOLO - stock - Longterm 100% or Short term Option Play? Fib bounce Trend line bounce? Bullish? Will the options win or will patience rule with long term ownership? Not financial Advice. Just observation and speculation.
Last run-up, we had a 400% gain over a month. therefore seeing a 300% gain by March is not out of the question. A run-up will happen with all the consolidation SOLO has been doing, and it will be a bug one, all the way up to tap the support line, at the top fib level.
I believe a simple comparison between Canoo and Workhorse prototype will clearly show you how undervalued Canoo is. Canoo marketcap : 611million Workhorse: 4.3 billion I believe in the coming months Canoo will be the superstar of EV makers in the stock market ..!
NASDAQ:SOLO Hope it closes green tomorrow, then expect breakout from triangle.
+ Falling Wedge Pattern + 1HR 100MA Support + Good Risk/Reward at current price - Volatile stock (high risk) + Plan your trade, trade your plan.
First of all, I thanks all those who supported me in last week,specially Muhannadmawed, gv1990, TradingView,and John71505. 1-ADTX @ 3.60 2-AKRO @ 31.06 3-AMC @ 3.51 4-AMD @ 92.79 5-BYND @ 140.70 6-CFMS @ 1.40 7- CRM @ 225.77 8-EYES @ 1.94 9- FUBO @ 37.72 10- GNUS @ 1.57 11- JE @ 6.85 12- KIRK @ 28.07 13- KODK @ 9.46 14- LYL @ 2.71 15- MTC @ 2.44 16- NIO @...
Let's see...If it can clear $8.70 I think it has little resistance on Volume profile. I am seeing a bit of a cup and handle. Anyone else see that? And it just bounced off volume shelf. Would be nice to see it finally break out to the $10-12 range. I sold 1/2 at $8.90, still holding for a bigger move up. Let's see what happens in the next few trading sessions.
CBAT is currently getting ready to break out of this bullish wedge pattern. This is the same pattern that I mentioned with PLTR and look how well that turned out. Stay in this one, or grab a position here before lift off.