after the rally from 25$ it fell back to 0.618 Fib level and jumped back. Very typical for a second wave. If price will continue to go up, third wave should reach 50$
Fundamentals: This is still a newbie stock. It might develop into a super stock. Accelerating sales. Booming earning. Positive forward outlook from the management. Earnings stability is a little wild and company sponsorship is fresh and growing. This company has a positive cashflow. Overall, it is a good company to buy and hold. It doesn't pay a dividend. This is...
Uptrend is clear on the low part of the channel. RSI shows me there is a downtrend which is a bit divergent. The Hype is not over yet, watch and see on Monday Premarket. The FOMOs will come again, and force this higher all week long. Bigger than Amazon in a big box way.
By no means am i the best at T/A, but i feel i am improving. But either way this is a bit of fun but i do feel like it's pretty realistic and has a fair chance in actually panning out :)
This formation is extremely consistent. Buy entry once we get back down to support - set those alerts! Risky short if you ask me but we are at the top of the channel so if you take that short please use a stoploss.
9 January 2024 GCT has shown up on my >= 52 week high scanner the last few days. Volume over the last couple weeks looks good. Looks like the 8 EMA has been respected for a while if you want to wait for a pullback, or trade it if it moves above the high of today (24.01) with a stop below the low of the day (21.12 - hey, that's a Rush album lol!). The 2 methods...
With the technical showing a strong buy, this looks like a tech stock that shouldn't be overlooked. With data cloud client sentiment, and the dynamic of competitive businesses, this looks to be a good long-term growth. Be sure to keep your eye on financial balance sheet.
This stock seems ready to the second wave upwards after the pullback. Also the volume has a significant increase.
200% earning beat waiting for the 15min candle to develop and put the SL at the lows of it if the price goes below 10dma we exit...
$GCT Bearish Divergence ... Could be a good opportunity to Lock in Profit ?
$GCT Bearish Inverted Cup and Handle Pattern formation in 1h TF. Should break the C&H support line to confirm the pattern.. Targets and support lines in chart.