This is moving higher as it breaks its most recent resistance, making it the new support. My target is 5.45 - we're coming up to a long term high established back in January 2021 at ~$5.52 and that reeks of resistance! Scenarios: 1) Tests ~$5.52 and is rejected to retest a lower support/resistance level before climbing back to retest $5.52 2) Tests to ~$5.52, is...
Fibonacci price targets (PTs) match up with the previous peaks, which should offer some resistance before continuing its upward movement. Looking to get to the 1.618 PT (~$5) before a meaningful retracement. Future PTs at 2.618 ($6) and 3.618 ($8) also tie back to 1++ year highs making up a larger cup.
Buy signal went off today as the price action dropped below the lower BB in a 4 hour view. Looking for $5 PT
watching the action and looking for an entry point as the price crosses down on the BB(10) lower band. After that, I'd expect it to climb to my price target with a 33% upside.
$LLNW flagging the 2nd time after its recent ER. YoY Q4'21: EPS +167% Sales +14% past year price action is reflecting RS against its sector $XLK. sitting on VWAP support at $4.00 & all major MAs. beautiful 1 year base pattern.
llnw broke downtrend then did a nice bounce off recent resistance showing longs still held control. if we hold current trend support my targets are 4.5-4.9-5+ in the short term, I will update my chart once these hit. Like and follow for more 💘
LLNW Technical Analysis - Breakout to $3.84 from $3.20 levels
Limelight Networks CMP - $3.30 Looking bullish in higher time frame. One can go for Short / Long Term Trade Setup with the following entry, exit & targets. Buy Range $3.20 - $3.40 / Stop Loss $2.75 Target 1 - $4 Target 2 - $5 Target 3 - $6 Disclaimer: This is my view and for educational purpose only.
LLNW back at historic support/resistance and right below a historic gap level from 2019. Right now this level is acting as resistance and has done so for weeks. No news isn't always good news but hopefully, the company starts getting more vocal: "Not much has been announced since its last round of earnings. However, the company mentioned “formalizing broader...
LLNW bullish shark pattern getting a confirmation low, probably will take a year + to play out
Weekly Demand Zone Entry 3.6 Stop 2.6 Target 8 I am not a PRO trader. I trade option to test my trading plan with small cost. The max Risk of each plan is less than 1% of my account. If you like this idea, please use SIM/Demo account to try it.
No investment advice! I do this only for practicing. All Info on the Chart. Here I want to show you, how powerful the Fibonacci levles are. Perfect retracements to the golden ratio and rejection. Lets see how this is going to play out.
Limelight networks is at a critical resistance level that dates back to 2019. We see that today's daily candle has a long wick and for the the most part denotes a significant sell/buy level. If we continue to push above the $4.75 level expect a continuation to the upside. If not, then a return to $3.5 is valid.
After a “Go” signal on January 20th, price rallied to break above resistance and very nearly filled the gap from October. Price has come back dramatically since then, causing the GoNoGo Oscillator to crash back to the zero line. If this new “Go” trend is to persist, the GoNoGo Oscillator will need to find support at zero as it will if the trend is healthy. If...
In our Flight Path newsletter earlier in the week we highlighted LLNW as a small cap tech stock that looked to be forming a base. The “Go” flag appeared on the 20th of January and it has rallied since then. The last two days of the week saw a tumultuous end as Thursday’s strong day saw price push almost through the entirety of the gap but Friday saw it retrace...
There is a lot of bullish pressure here. It has yet to fall into the support area and is gaining higher highs. I am betting this is going to break soon and push to close the gap. Taking this long with $4.00 STOP LOSS and looking to take profit starting at $4.50
decent dip entry here if the trendlines hold, long at 4 with stop loss at 3, target 6.5-8 in 2021. goodluck to longs :)