Accuracy in direction. I started with penny stocks then forex. Through it all I stuck with reading the charts and understanding it. I've used tradeview as a diary for myself.
EVC might be ready to run.. The highlighted zone is a support/resistance zone. The furthest yellow circle shows it was retesting then dropped which made it resistance, but the second yellow circle shows it is now support as it closed above and dropped to the highlighted zone, which has been led by 2 bullish engulfing candles on the hourly. You already know...
EVC has been trending beautifully for all of 2021. The stock is stair-stepping higher with a succession of higher highs and higher lows.
The numbers are incredibly strong with this one as well. Relative strength is in the 98th percentile, and sales and earnings have both been growing at triple-digit rates for the last 3 quarters.
The recent price compression...
EVC has been a strong buy in my portfolio, I'm hopeful for a breakout in the next few days as the ascending triangle nears its tip.
I'd be looking for ~9 a share when the breakout occurs.
Probably one of the best charts I have seen this year. The most recent daily candle took out two fibonacci levels and closed over the .5 fib level. In addition the MACD is curling up and should cross soon.
I think this will see some resistance at $7.40 and then continue to $7.81
targeting: $8.26, $9.54 by end of year.
I initially purchased this stock at ~$3.50 and set some price targets to keep myself honest about its performance. The stock has hit all of them and keeps on moving up. They recently reported some great numbers that reflects some longer term potential which got me excited. So I decided to set another buy-in targeted for $5.87, which I recently filled.
We're...
The MACD is curling up for a cross and the RSI is in an acceptable range. The most recent candle opened with a slight gap up taking out 2 fibonacci levels and nearly testing a 3rd (.78 level)
target $7.10, $7.92, $8.12
After a bullish trendline break on Thursday, Entravision is headed upward to find its channel top. I'm a little uncertain where the channel will top out. I suspect we'll stay in the green zone and top out around 3.20, but we could get into the yellow (~3.30) or red (~3.35) zones as well. Buy close to the blue upward trendline and keep your stop orders just below...
I am not licensed or certified by any individual or institution to give financial advice. I am not a professional Stock trader.
I was asked my opinion on Entravision. You may have noticed I switched from Candlesticks to Line chart format for this one; I think in this instance it gives this particular Stock chart an easier read. The up front answer is--don't touch...
