Lets keep this focused on the technicals
YOU has been looking for renewed strength since it IPO'd and bottomed around the 18 level.
It looks like it is ready go on a journey higher.
I will let the chart do the talking
Clear Secure: Talk About A Bullish Economic Moat
• Clear Secure is capturing strong demand for its identity verification platform as a service to save time at security checkpoints.
• Partnerships with airports, airlines and even the Transportation Security Administration highlight competitive advantages to drive growth.
• An outlook for accelerating earnings can...
This is one of mty main bearish sdet ups for the upcoming week. I see multiple indicators that make me think there is a retracement coming. Specially taking into consideration that we're heading a very strong resistance and the price is 47% up in less than a month.
Either rejecting 34.65 or breaking out the white formation to the downside, I would place puts taking into consideration the RSI levels and how the stock has moved recently, +48% in just a month.
$YOU on 1D
Nice trend following, but it is a little extended and this Doji is a huge indecision. On 4H there is an inverted red hammer and like Soviet Russia it can break down.
I would like it to get back to around 25.20 to see if it will hold 50EMA. NYSE:YOU
YOU Started Elliot Wave 5 Target 32.11. All Ellit wave rules are followed. Wave 2 was a flat correction and Wave 4 is steep. Can achieve the target in 1 Week.
Bullish
- Needs to clear downward trendline
- Building base
- Positive FCF
- Positive Income
- Funds accumulating
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
“The path to success is not a straight line ”
Cheers and happy trading!
This Diamond Bottom shows that the price seems to have reached a bottom, showing signs of reversal as it has broken upward after a period of uncertainty or consolidation. The pattern formed over 16 hours and 15 minutes, which is a rough guide for how long it might take to reach the target price of 27.8 - 28.4.
Weekly candle looks like it's hitting an important level of support. I'm expecting a turnaround.
Potential area's of resistance that will hopefully turn to support are:
50-day MA @ $43.37
.236 Fib @ $44.03
VWAP from ATH @ $46.11
I could easily see it back at $44 in the next two weeks. Maybe even by the end of the week.
With global travel expected to be fully...
YOU with a bullish 20-day MA crossing through 50-day MA. Already filled the gap up so it's ready to continue on its upward trend which seems to be forming a channel that it will trade between. RSI at 50 used to be resistance, now it seems to be support.
Global travel coming back fast. Should be in full swing by the end of the month, the travel ban was lifted on...
The stock has bottomed with inverse head and shoulder and has broken out above the the neck line $46.20.
It could retest the neck line $46.20 before moving towards $54 level.
Target 1 - $54
Target 2 - $62.51
Risk - Retest of neck line $46.20 and neckline support failure.
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How to read my charts?
- Matching color trend lines shows the pattern....
$YOU new IPO in the security software space that's trying to put in head & shoulders bottom base.
Negative sales growth last 3 quarters but what is interesting is that 3 high quality funds already taking positions in this company.
If this tighten up to my likings, i might bite.
Big falling wedge on YOU here along with bullish hidden divergence on the RSI- will certainly be watching for a breakout, very bullish, just some FIB levels to keep an eye on in the meantime
IPO intraday trading strategy idea
Clear Secure provides preferred access security services to venues and transportation in the United States. It uses biometric technology to validate identity.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can...
