This stock will go down ,my first time sharing hope you profit from it
As promised, here is the finalized analysis with the most specific target points. The final boxes had the most overlap based on all of the data. Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case....
I have studied 15 recent buy signals for Spire and bumped the data against historical movements when similar buy signals occur. This is the cluster of all boxes. I will clean up in the next post for my final call on target bottoms and target tops. Regardless. The BUY signals stretch from August 19 through August 27. The larger PURPLE boxes are projected bottoms...
Hello traders, SPIRE is in a fake bearish setup with high sell volume issued and an upside down hammer candle shape. In the TIMEFRAME M1 we can see a marubozu with a volume return, it starts from its lowest on the bollinger to move towards the bottom of the bearish channel and test the VWAP . Big possibility of breakout the price at the same time with the momentum...
Slight increase in volume, knocked on that resistance level again, weeks in the making. Will keep an eye on this one.
First off, please don't take anything I say seriously or as financial advice. That being said, this is on opinion basis (as always). Spire Inc. recently went down for a variety of reasons. One of those reasons I think is a result of resistance given lower demand for gas consumption in the coronavirus time period. That is why I am not bullish for the expected...
Buy @ 10.89 and keep a tight Stop @ 9.92 Closed on 23rd Oct reaching the target