Looking for RXT to hit the Upper Bollinger Band. Confirmation happened, can open trade. Stop Loss $10.65. Target Upper Bollinger Band (Currently $13.83) - Target will be dynamic. By the way - this is not investment advice...
Looks like this may have bottomed out at 13. MACD flipped to green, good volume, RSI showing oversold, almost 50% off 52 Week highs. I will take a swing here and scoop some cheap shares up.
5x Volume on last Friday than usual – Tutes wanted to pin this below $15 to win with their Puts Close to 100% inst. Owned Recent Cost efficent changes in cloud operations
RXT recently beat earnings but dropped over $2. With the RSI then dropping below 20, I am looking for it to bounce back and close the gap. The first PT is $15 with a full retracement PT of $17.5.
If support holds, should retest previous highs- $25+. Would wait for test of bottom support line and 100 EMA before entry.
Waiting for $RXT good entry price. Can't figure which is realistic...
Rack space - Hit target area exactly...crazy how some people don’t believe in T.A. 24% gain from my entry. On to the next one...congrats to anyone else who got in on that breakout with me. Tips are always appreciated. Cash app $kaptkorea.....😉
FLAG BREAKOUT ...IF IT SUSTAINS ABOVE WILL ENTER LONG
All time highs and price discovery mode. Looking good so far. Nice follow thru price action. Coming up on sell targets...congrats to anyone that got in on this one as well. not bad for a few days trade
nice price action so far. next stop is 22.06. not a whole lot of resistance up here since this is a pretty new asset . don't see why we couldn't see a new high 1.618 retrace is around the 27 dollar area. could be a nice one. i'm long since 20.42.
HIDDEN BULLISH DIVERGENCE ON THE DAILY. JUST BROKE OUT OF DESCENDING CHANNEL. COULD GET A BACKTEST TOMORROW AND GET A CHANCE AT A GOOD ENTRY.
Cloud Service. Get in at $19.75. Stop loss at $18.75. 1st TP at around $22.
I am buying Rackspace during dips and holding. My theory is they will get bought out by a large cloud provider such as Amazon or Microsoft at some point. Earnings per share of $.21 not bad for just going public.
Possible bounce play. Strong support level
Ready to break out to form a shark pattern. Target $22