if you only looked at charts and bought NVDA at 0.61 Fibonacci Retracement, you would be able to 8X your money. Yo don't need to look at any industry trends regarding AI or whatever. You don't need to look at balance sheet, cash flow or any other thing. If the information is important , you will be able to see it on the chart.
Of course if you combine both, you...
Seems that a head and shoulder pattern has formed. although quite pointy shoulders.
The volume at the 'head' is more than twice the average.
The entry is as indicated which is later in order to confirm direction.
The target to reach is before the next earnings.
Quite a few casino related stocks starting to setup.
$EVRI is one with stage 1 cup.
Still a bit loose on that cheat pivot and reporting earnings tomorrow morning.
Will be watching how it reacts.
EVRI has been consolidating since late September. It failed to break the 1 Fibonacci level on 4 occasions and retraced to the .5 level.
The current price is just above the POC line (90 days) and closed just above the .78 fibonacci level and well above its up trend line.
The MACD is about to cross and the DI+ just crossed the DI- on the ADX indicator.
First...
Don't like that wide range black bar pullback to breakout support on $EVRI but it might be staging a reversal recovery here. Looks like it wants to burst out.
Going through the 5 chart elements theres a lot I like about this stock. What's not showing is the quarterly increase in sales (-18%, +23%, +346%) + increasing no# of funds invested (268/273/334/341)
$EVRI has one of the best looking setups out there especially in a market that's correcting.
Clear rectangle breakout and now gentle 3 days pullback to rectangle breakout support.
Top stock to watch tomorrow.
Everi Holdings Inc provides entertainment and technology solutions for the casino, interactive, and gaming industry. It operates in two segments namely Games and FinTech. Everi Games provides gaming operators with gaming technology products and services which include gaming machines, slot machines, leased gaming equipment, and other products and services. Everi...
Contextual immersion trading strategy idea.
Everi Holdings Inc. provides technology solutions for the casino gaming industry in the United States, Europe, Canada, the Caribbean, Central America, and Asia.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I...
