Credit to: @Lanmar for this one. Don't track this stock, but set-up looks interesting. If it comes a little back down, that is...
Inverted CUP & HANDLE One way to think of the inverted handle is a follow-up to an inverted cup. The inverted handle retraces the initial move, but not to the level of the original trend. Once you see a retracement in the form of an inverted handle of the original inverted cup pattern, setting a stop loss while selling the trend could be a potential trade...
Next target 20 and 22 - news could spike it. I am long via commons and options.
MOMO has broken free from a down trend line with a huge 14% move this week A pullback to retest support can be expected. We should start seeing higher highs and lower lows in 2021
Can be rewarding to find one on the bottom and realize it is possibly undervalued.. Large effective volume and a pocket pivot today Effective Volume analyses the intraday volume on the minute level to determine what small and large players are doing in terms of accumulation and distribution.
This tech Chines stock seems like is coming back to life. The stock broke from down trend resistance line with large volume. I think it is a valid break to the upside.
Possible move:85% Reward/Risk:9 (R/R>3 is Ideal) Time frame: up to 1 year This is just my technical view, not a fundamental comment..! I can make you confused by a crowded messy chart, but I would rather simple effective presentations..! Please write a comment if you like me to post live videos of stock analysis in 2021..!
Double bottom, target price to take 15.1 Long term 21-27 Good luck & happy new year
Really depends if we holds this support. I used Fibonacci retracements for targets.
Monthly Demand Zone Touched, not confirmed Entry 14 Stop 12 Target 24 I am not a PRO trader. I need few months to practice trading strategies. If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
long accumuation, good report expected, analyst declare 60% upside to 25, price above 50MA
This is coming directly from Gandalf, honestly. How come a 2.5bil market cap company make about 3 bil a year in earnings? They are restructuring revenue streams and while the revenue has spiked enormously in the past years while earnings are kept about at the same rate, this should change in the future. It is heavily underpriced and perhaps the Chine delisting FUD...
MOMO looking to return to its former price range of 20-22 by mid December?
i think MOMO is trending up to a price target of $21 towards Earnings.