It had a clean impulse on the daily chart. Now with 61% retracement done, it would be a good idea to consider Wave 3.
Momentum Indicators are bullish on the weekly chart and it has taken a support from 40-week EMA. The candlestick is a hammer pattern as well.
Classic example of resistance turned into a support or in other words, breakout and a...
Arts and Crafts give individuals the ability for them to express themselves. Cricut is giving people endless opportunity to craft businesses, using the Cricut equipment in supplies. Cricut pullback %10 over the past two weeks. Cricut have a lot of cash on hand the business is booming. Good company to look at and own for a decade.
Positive earning report and negative reaction of market? Is it a buy chance? Lets follow.
Pre-Market price is near the golden ratio 0.618 Retracement ( around 27 USD) while earning report was positive and we had revenue growth. It may really be a buy opportunity.
Technically, CRCT seems to has completed a 5 leg up going wave and has made wave A and B of an ABC...
I've been watching this IPO for awhile. It seems to be breaking out of a HTF formation. Often times stocks with this type of power go on to double or triple in value. I'm not predicting, just placing the trade to see what happens. You can see my entry and stop on the chart. Ideas, not investing / trading advice.
I heard selling 'arts & crafts' on Etsy is a thing on the Internet and you and cut stuff easier with Cricut...
Obviously a COVID play and there's the risk of COVID being over and done.
IPO intraday trading strategy idea
Cricut is a creative technology company that has brought a connected platform for making to over four million users worldwide.
The share price is falling and gonna continue this trend today.
The demand for shares of the company still looks lower than the supply.
These and other conditions can cause a fall in the share price...
