* Technical Indicators:
* December breakout from falling wedge, forming a bullish hammer.
* Interaction with 20 SMA provides robust support.
* Rising RSI and bullish divergence signal increasing momentum.
* Volume surge supports positive price action.
* Low float of 14.6M shares may result in heightened volatility.
* Bitcoin Sympathy Play:
...
LM Funding America, Inc. operates as a specialty finance company. It provides funding to nonprofit community associations (Associations) primarily located in the state of Florida, as well as in the states of Washington, Colorado, and Illinois. The company offers funding to Associations by purchasing their rights under delinquent accounts that are selected by the...
Pupm&Dump trading strategy idea.
$LMFA is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $4,97;
stop-loss — $5,19;
take-profit — $4,52/MOC
Do not view this idea as a recommendation for trading or investing. It is...
LMFA has some pretty well established levels if you look beyond that one big spike earlier this year. With the 786 fib line showing to be a strong pivot, the stock has stalled twice now, failing to hold above this level. It was strongly denied this week and looks like the follow-through momentum just isn't there to finish out the week. However, bigger picture the...
$LMFA SINE WAVES
Influx of Volume
LM Funding America, Inc., through its subsidiary, LM Funding, LLC, operates as a specialty finance company. It provides funding to nonprofit community associations (Associations) primarily located in the state of Florida, as well as in the states of Washington, Colorado, and Illinois. The company offers funding to Associations by...
LMF Acquisition Opportunities, Inc. Announces Closing of $103.5 Million Upsized Initial Public Offering, Including Full Exercise of the Overallotment Option
the closing of its upsized initial public offering of 10,350,000 units, which included the full exercise of the underwriters' over-allotment option, at a price of $10.00 per unit.
Each unit consisted of one...
Bullish Flag
Pros:
Descending volume during formation
PPS above 50MA and 200MA
Golden cross in blue
RS above 0, and ascending
ATR Ascending
R/R ratio above 5
200MA ascending
Cons:
250RSI below 50
If confirmed:
PT = 3.58$
LM Funding Announces Filing of SPAC Registration Statement
LMFA today announced that LMF Acquisition Opportunities, Inc., a special purpose acquisition company and an indirect subsidiary of the Company ("LMF Acquisition"), filed a Registration Statement on Form S-1 (the "Registration Statement") with the Securities and Exchange Commission ("SEC") in connection...
Hi I will be updating in the comments where I believe the direction of the market for “LMFA” All these updates will be my thoughts and for educational purposes. Feel free to add your one own thoughts to help the community on the comments below. Thank you.
LMFA $2.13 +1.36 (+176.62%) 01/08/21
LM Funding Announces Filing Of SPAC Registration Statement\
TAMPA, FL / ACCESSWIRE / January 8, 2021 / LM Funding America, Inc. (NASDAQ:LMFA) (the "Company") today announced that LMF Acquisition Opportunities, Inc., a special purpose acquisition company and an indirect subsidiary of the Company ("LMF Acquisition"), filed a...
The strong move in LM Funding America Inc (NASDAQ:LMFA) shares was something that I tweeted Friday as a potential big percentage mover after the company announces Filing of SPAC Registration Statement. If you were following my twitter account you would have gotten the tweet when the stock was trading around 90c. If you jumped in and booked your profits,...
Hi.
I'm OrdinariusTrader.
I'm The Best Trader In The World.
This one turn from bottom to top.
I'll close it when it reaches the target.
If you want new shares, you know what to do.
Like and follow.
![LMFA: [LMFA] PT 5.2 and higher](https://s3.tradingview.com/8/896endnQ_mid.png "[LMFA] PT 5.2 and higher")
