- in Daily chart, since it rebound at Fibonacci .618 from the lowest price, there is high probability it currently forming the third wave of Elliot Wave. - DMI is indicating strong uptrend and Stoch indicating there is few days of uptrend before market decide to continue uptrend or to do correction. - RED resistance lines are for reference to exit and reentry. -...
if there is a bullish hammer down below, it will go up.
Hello Traders, If CAN failed to breakout, we weill enter in a short position. * You may take your profit all the way down. * SL will be 7.40$. Happy trade. *** This is not a financial advice, I'm still a beginner trying to share my road here. Happy trade.
Hello traders, We will enter in CAN now with the green line as a target ( we may take profit before the line ). Our SL will be breaking the red line. Happy Trade.
Such a beautiful chart, just hitting the gap fill now and hit it's lowest volatility ever, this thing should take off soon.
I have been eyeing this gap for awhile, wondering if it was ever going to get filled, now its starting to look like it will. I don't know much about this company, but I am under the impression it has some relation to cryptocurrency which I am pretty bullish on, so in the $6.06 range I will be a buyer here. Not financial advice
Canaan Inc is a developer of supercomputing chips and the manufacturer of digital blockchain computing equipment as well as the supplier of the overall scheme for computer software and hardware of digital blockchain. The equipment manufactured by Canaan is sold to many countries including China, the United States, Hong Kong, and other foreign countries. It derives...
for instant monitoring In the event that levels of 11.45 are breached, the door will open for the target It is not a call to buy or sell, just analysis
looking at the stocks its made a higher low pushing to the upside so we tried to fill that wick rejection on the monthly timeframe
On a larger timeframe this is a 2 pullback. On shorter timeframes it's at the Golden Fib looking to put in an IHS. High risk high reward play here.
Revenue of $61.5M (+538.0% Y/Y) **** As the Company mass produces its new generation of Bitcoin mining machines, it also expects its yields and deliveries to increase substantially as compared with the first quarter of 2021. The Company recognizes that the trends in Bitcoin prices are currently hard to predict and cannot provide financial guidance due to Bitcoin's...
NASDAQ:CAN Above Average Volume last few days. Holding the 200 SMA. 5 &10 SMA crossing. HVN above. RSI @ 43. TP1 - $11.85 TP2 - $13.14 TP3 - $15.02 SL - $8.33
The resistance from last year is now acting as support for the downtrend and since it has recently touched the bottom resistance I believe after a bit of sideways action this stock has the potential of atleast 5X in the near future. let me know what you think?
shark harmonic pattern: 3-4=0.38 X-3 4-5=1.6 3-4 tp1=1.6 4-5=$8.5 tp2=0.88 X-3$7.7 tp3=1.13 X-3=$5.42 tp4=2.24 4-5=$4.1