The stock, which plummeted from its peak during the 2021 stock mania, has been in decline for the last few years. Recently delisted from NASDAQ, this small-cap company stands out from others affected by the mania, as it generates income. I believe the selling pressure has subsided, making it a prime time to consider a speculative investment. If management can...
If you're position or swing trading, it is a MUST to study weekly charts to confirm:
1. IF a bottom is developing
2. WHERE the bottom will complete
...to plan trades with strong reward/risk ratios.
For example, let's take a look at EGLX, which had a gap up at open on its earnings release:
1. Note that today's gap up is from a lower low in the...
Contextual immersion trading strategy idea.
Enthusiast Gaming Holdings Inc. engages in the media, content, entertainment, and esports businesses the United States, Canada, and internationally.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price in the next days.
So I opened a short...
Breakout soon to be expected. With lower volume and an rsi divergence compared to the stock price I believe in more volatile action in the near term. Fundamentals and past price action could imply higher levels.
if there is a close below the bollinger bands on the one hour chart
expect to see a drop to previous support levels
will probably see a pullback at the top of bollinger bands -
as usual watch for the 15:30 est for the most volume
this will be a clear marker sign which way this stock is going
