This has accumulate shares written all over it Continuation levels to break are in chart
still below the 200sma but its still a nice play to the upside
The downtrend that has begun on December 28th has now been retraced by over 40 %. 6 hours ago we have closed the 4 hour period with a star. Subsequently we can resume the trend again now.
There are higher lows on the stochastics and a possible break from its descending channel with earnings on tap.
/y new script here it is guys read it and weep 45,00000 new stats
FOUR | Long | 28 Dec 2021 I assume the price will be bouncing up to the next level. there have strong levels Entry: 59.16 TP: 69.75 SL: 56.21
FOUR: Shift4 Payments, Inc. 2021-12-16 16:45:00 Shift4 Announces Stock Repurchase Program, Up to $100 Million
rejection at previous support, bearish outlook want low 60s to high 50s
Looking for a new test of the EMA 100 Long > 77.30 with stop at 73.7, target 82
We have a Weekly Higher Low now we need continuation for the Bulls to keep it alive on the weekly trend change. Deceptive Trendline on the Daily. Go down to the 4 hour and you see it clearly. The weekly is ultimately in control and it hung on to the Higher low. No the Bulls have the ball. Let see if they can confirm a new direction. Namaste Traders.
FOUR got sold off pretty bad and retreated quite a fair bit from recent highs. Tech sell off took this below but seeing this might be able to pull off a return to get back in its up-channel & regain its 50 day sma.
$FOUR is unable to break up to new highs. Earnings are coming The first swing must use EMA 21 daily as support The second, will use EMA 50 daily
You really can't ask for a better looking chart. Shares have formed a cup and handle pattern, and in the past this stock has reacted well to these parabolic movements. They have also broken that psychological $100 level. $FOUR could easily hit $115 within the near future. Good Luck!
Here are some breakout plays that I am considering this week. These are just some names that have a lot of potential and could surge to new highs soon. I may post on some of these throughout the week if I see a really good setup. I post watchlists like this one weekly, so like and follow for more :) Good Luck! My Watchlist:...
Look for weekly trigger, could go to previous monthly high.
could make it agin to ATH ( all time highs) Disclaimer: ideas NOT investment Advice! Take your own Risk!
FOUR has had a phenomenal run with its up-channel from IPO and whilst the recent breakout above has come back fairly quick, I'm encouraged by seeing it attempt to form support out of its previous resistance band at 82-83. I've drawn in some extended lines of the channel that may act as some guide if this continues on such a path. Long with FOUR but would set a...