MTTR - Looks like the bottom is in. Strong bounce, up 7.5% on the day - clear Divergence on the 4hr chart
Matterport is one of my favorite stocks positioned to capitalize on the metaverse narrative with tech that will be foundational for the building of the metaverse. Matterport is sitting at support and is poised to have an excellent 2022.
This can be the 3rd bounce off trendline support for mttr, previous 2 bounces were followed by a 50%+ rally! stop loss below 20, price target 35! great entry area with proper risk reward. like and follow for more! 💘
Lots of good reviews on this stock ! What do you think ?
I think the chart needs to cool off. MTTR is in the metaverse space and has potential in the future. Watching for a base around 20 to go long.
After hitting into a prior ATH (All-Time-High) @ 28 on 16 Nov, MTTR began consolidating within a wide bull flag that would have shaken out the weak bulls. It wasn't until yesterday that it finally broke strongly out of this bull flag to a new ATH on huge volume. A strong trend is now underway (some minor retracements now and then is still to be...
Overall, I think this company has a lot of potential with the metaverse, however, it's a long way out. Here is a short term trade opportunity that may present itself soon. Maybe on the 22nd about an hour or two after often look for a short entry down to $22, for the week of the 26th. Buy the dip @ $22, and see how high it takes you over the next few days. Thoughts?
$MTTR is all set for 25 plus, I think we can see it in next 1-2 weeks, #PlanYourTrades
Above the long term, IPO swing high Stage 2 candidate - breaking above the base - lets see how if the broad market supports
We have a volume spike at the PCZ of a Bearish Alternate Bat pattern on the weekly and i will be looking to fade this move by buying the 17 DC 21 25 PUTS here.
triangle breakout on mttr followed by a successful retest, now we are looking for this resistance to hold as support and then a move to new highs. goodluck, like and follow for more🍿
Last run had a reversal zone at 0.382 fibonacci. Afterwards bounced off EMA50 twice. From last run the 0.382 fibo line is near 23 (-17% from now). EMA50 approx -24%. Look for one of these for next reversal.
The Market's longer term uptrend still intact. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or...
Feels overextended, could continue up but wouldn't buy here Waiting for that $16-20 region. Would ladder buys there $20, $18, etc.
MTTR - Formed the wider cup with handle. Ascending channel. Again cup with handle with in channel. It reached the resistance . Above resistance is very bullish
$MTTR pulling back to its previous base and forming a cheat area around its 50 MA Strong accumulation and starting to quite down Orange bars are illustration of what I would like to see for me to get very interested. Adding it to #TAPLOTWL