Maybe I am adding it a bit before it's fully formed, used 4h for confirmation, decent chance for continuation after the last upswing, coming close to resistance could lead to a breakout too but not playing for that.
📈 Performance Overview:
Sphere Entertainment
SPHR
showcasing strong performance with the iconic "Sphere" in Las Vegas.
Average of over $1 million in daily ticket sales in October, surpassing analyst expectations.
💡 Key Developments:
CEO James Dolan reports robust revenue generation.
Advertisers utilizing exterior digital displays of the Sphere, creating an...
- SPX Broad market momentum continues to look green
- SPHR M15 was in a compression zone near the 100EMA line
- SPHR D1 also showed a recent bounce from the 100EMA (3 Days ago, 13 Oct)
- This means that if I am wrong, my risk is only 2.92%, but if I am right I have 15% upside
