FVRR seems to have confirmed the move back up and looks ready to jump the gap back to 250 and reach for ATH. Anyone have any critique or comments?
$FVRR - Key Levels and Analysis ————— So, @micahbean24, It looks like FVRR does want to try to make a move upwards. Beautiful close above the 35EMA (red) The next level to watch is the 180EMA… that could either be resistance, or it could become support if it breaks above and holds. IF it holds above the 35EMA, AND the MacD gets back into positive...
got rejected at 200EMA $195ish area, above that can test 100EMA(202) area. $184 was the consolidation area, which is the nearest support.
My play is that we have made a bottom here, Goal is latest highpoint and stop loss if we have a close under the red area. What do you think?
not financial advice. fiverr company. 8/21/2021 6:13pm charts
It should bounce from here otherwise close trade at a tight stop loss
Bounced off the long-term support line, ive added some shares for longterm holding
Claimed EMAs 8 and 21. Forming Desc Wedge after bouncing from MA 50 and 100. (Ichimiko Cloud V60 claimed also) if claim in V60 Ichimoku Cloud and 260ish, could go to next R 285-295
1:1 Measured move completion. There could be a dump. 1:3 R/r not a bad setup;
FVRR Short-term/Day-trading SHORT/BEARISH - We're currently in a very strong downtrend, we see a strong resistance at the current 0.618-0.66 ($200.54) of the Fibonacci Retracement, if can hold this resistance strong, we expect a decline here and to reach at least the 0.618 of our Fibonacci Extension ($164.50) as TP1 and if that turns into resistance our next...
FVRR double resistance - horizontal line and trend line
Yo! so.. not much to say, if it breaks I would like to see it verify with support line.. if not itll keep move in the tunnle. Goodluck, t347. NYSE:FVRR
Should go for 230 next if market strength continues and ViX remains under 20
This tape of a young stock exhibits the stages as described in the classic book by Stan Weinstein “Secrets for Profiting in Bull and Bear Markets. After the post-IPO drop, the stock entered Stage 1 where it was essentially the base for a terrific Stage 2 growth stage. Recently, it topped out (Stage 3) and it is likely that it has entered a Stage 4 decline phase...
Seems like when earnings come around the tops are falling. No recommendation