Bearish double topThe chart paired with the news makes me believe price may break down further.Shortby daveslow84111
Long Rekor Systems REKR - micro cap tech, low debt, low float31 million share float. 20% short at time of post. book value quote $2.55 mkt cap 205m Rekor Systems Inc is a United States-based company. It is engaged in providing real-time roadway intelligence through AI-driven decisions. Rekor bridges commercial and government sectors with actionable, real-time vehicle recognition data. The firm uses artificial intelligence to analyze video streams and transform them into AI-driven decisions. Its machine learning software can turn most IP cameras into accurate vehicle recognition devices used to help protect lives, increase brand loyalty, and enhance operations and logistics Its geographical segments are the United States, Canada, and Other, of which the majority of its revenue comes from the United States.Longby noam_chomUpdated 0
REKRWhat a break out. This GEM has been on a major run lately, only to drop off a cliff, as it may seem. But, the fact that the fall was held support by the 0.786 fib retrace level, has got me going. With a perfect retrace to that fib level, usually will come a bounce, if not a relief rally. IF the price can move up from here and turn 19.28 to support, I will be looking for a full extension to the 4.236 fib ext level. IF we break down under 7.82, I will look to enter around the 3 dollar level. BUT in my opinion, this is the time to be scaling into a position here as we may very well bounce, hard.Longby RawZMoeTow0
REKR. Long Setup. Bullish Pullback.These charts are starting to get absolutely atrocious to look at. I'm loving every minute of it. A wise person once told me that insanity is doing the same thing over-and-over again and expecting different results. They didn't mean it as a compliment. I'm glad they gave me that advice.Longby emehoke0
$REKR is the strongest e-car stock recently$REKR performs very good among all its e-car peers. If the price could get stuck within the range of $19 - $21 for the next one to two weeks, I plan to buy a lot of them. IN details, I will buy one portion each time the price approach $19 (assuming that the price does not dip hard and break my expected trend, of course), and will do this for at most 3 times. No position yet, but I am watching it. Longby penender123Updated 0
REKR: Ascending Triangle, awaiting confirmation (55%)Ascending Triangle, awaiting confirmation (55%) Pros: Descending volume during formation Volume at break out PPS above 50MA and 200MA R/R ratio above 5 ATR ascending RS above 0 and ascending 200MA ascending 250RSI above 50 and ascending Target: PT = 30.25$ Help how ever you can to keep this alive. Thank you to those who have donated Coins! Always do you own Due dilligence. This is not financial advice. Stay Humble, have fun, make money! Education: www.dailyfx.comLongby LeLaf3
Rekor Systems, new lower high or a much higher swingOk, this stock is very promising. This will go to around 3.50, when it does watch it very carefully because it might swing from there to $10, if the market looks like shit I would sell it at the trendline I drew. If market is bullish, hold your bags, even though im presenting the weekly, watch the daily for your exit.Longby eneakumeUpdated 115
Rekor Systems Heading for All Time HighRekor Systems, Inc. is a holding company, which engages in the provision of products and services to both government and private sector clients, with an emphasis on public safety, risk management, and workforce solutions. It also offers staffing services primarily in the aerospace and aviation industries. The company was founded by James K. McCarthy on February 6, 2017 and is headquartered in Columbia, MD.Longby DEXWireNews1118
REKR BUY 4 HOUR | Classic Butterfly BUYClassic Butterfly BUY Pattern Formed in rekor systems 4 Hour chart. Good BUY Opportunity available now.Longby Sankapathum6
FOMO Is Real In $REKROne of the biggest problems newbie traders face is FOMO - the fear of missing out. Case in point is $REKR. Now, we get in at $1.20 and rode it all the way to $5.50 a share. We saw the resistance at $5.50 and new that was where to exit. On Stocktwits, a lot of traders are chasing $REKR looking for the next move. In all honesty, the move has already happened. We got a 358% run in 2 months. For traders to look for more is just pure greed. What $REKR does here at $4.20 is anyone's guess. We will say the $5.50 resistance is very strong and in going long, where does one put a stop? Below the 20, 50 or 200 day moving averages? This is too much risk in our opinion and not enough reward. Traders need to avoid FOMO and look for better trade setups. That's what we do. Good luck to all!by InsiderFinancialUpdated 10
$REKR Rekor Systems Looks To Close The Gap At $1.72 to $1.85$REKR has popped up on our radar after 2 days of climbing the chart on nice volume. The stock is now trading above its 20, 50 and 200 day moving averages. Looking at the chart, we see that there is a gap that needs to be closed between $1.72 and $1.85. Judging by its history, we believe the stock can do it and then some. What's been pumping the stock lately has been a lot of news flow coming out of the company about its NUMERUS™ cloud-based solution for electronic tolling. According to the company: Numerus'™ easy to implement cloud-based solution costs less than 75 cents per thousand for greater than 5,000,000 transactions per month. Beyond reading a license plate with industry-leading accuracy, NUMERUS™ provides unique two-part authentication by instantly identifying the vehicle's make, model, color and body type along with the license plate read. NUMERUS'™ machine learning enabled software recognizes license plates from all 50 U.S. states, in addition to plates from more than 70 countries around the globe on six continents. $REKR has just signed deals with Colorado and Northern California. Judging by the number of press releases over the past month, we expect quite a few more to hit the tape and that just might be the catalyst to close the gap. For traders looking to take a position, probably need to place the stop at $.90 a share. We know this is big on a percentage basis, but we think the risk/reward is there. $REKR could easily be a double if it gets going as it has in the past. As always, trade with caution and use protective stops. Good luck to all!Longby InsiderFinancialUpdated 6