IZEA Worldwide has potentially found support and we will see a retrace to all time highs, and even higher, bringing the price target to $8.92 per share according to Fibonacci's Golden Ratio formula.
WATCHING $IZEA for ENTRY TARGET @ 2.47 for 55.06%
I’m practicing to nail my entries even better… IF target hits I will look at this again and possibly take a position.
I’m adding this to my watchlist for next week but
Try me, y'all. I am still not your financial advisor but I do see a good swing here...
is it time for izea to go up once again?
as u can see, for the past 3 years the MA 50 in weekly chart worked as a support ALWAYS.
just put SL close below it, and you'll be fine
consider tho, that we have MA 200 close too (but lower ofc)
Just having a bit of a look around for possible breakout and quite like the look of this. Super speculative but has had some pretty good gains this year so far. Izea connects social media influencers with money (ie advertisers) which I think is quite an interesting business. Might be worth keeping an eye on just for something a bit different.
Many technical indicators are pointing towards a continuation of the current uptrend. Company has solid potential with its shake app, which is adding influencers every week. IMO the influencer marketing space is only going to get bigger adding to the potential upside of IZEA.
But..
RSI has more room to fall before hitting oversold. The 50EMA is extended over the...
if you look at the history after every pump we see sideways for months, i think it will make a higher high, but id wait for the top trendline to break for confirmation if i wasn't in yet. potential dip entry at 3.5, goodluck :)
