Potential reversal targets for JMIA Investors were disappointed in results, a move to profitability at the expense of growth was not appreciated. Buyers have jumped back in so we may get a day trade opportunity . targets as per chart, volatile stock so care needed.
Now up over 30% from the trendline break and surpassed previous targets. Next targets which could very well be hit today is $69-$70. where the Fibonacci golden pocket and horizontal resistance may stall the march higher..
Alert set for a break above resistance and the 7ma for a potential long entry. Targets as per chart with the 20ma and Gap fill levels as levels of resistance to consider.
INTC may offer up a long entry in the coming days on a break above resistance @47.00 Potential targets = 1) $47.90 20ma and volume shelf resistance 2) $48.44 Fibonacci 0.382 level. 3) $49.93 - $51.42 Fibonacci retrace levels. major gap in the chart but given the news flow it may take time to reclaim oct levels.
Potential trade approaching in FSR, stock consolidating after a very strong move on Monday. Entry above Fibonacci Golden pocket resistance @ approx $15.00 Targets $17.00 - $18.00 Possibility of a short below $14.00
Increased covid fears may help a recovery in TDOC after a 33% decline from the Aug high. RSI seems to have bottomed. Volume this week may be the capitulation needed to form a bottom. Stock managed to close above the 200MA . Possible day trade targets $190 & $193 dependent on NQ strength
Potential entry in the coming days on a break above resistance @ $132. Entry 1 above the 7ma Entry 2 above the gap fill level Targets $140 short term to gap fil. Double bottom on Momentum & RSI
ZM may have finally found some support on a confluence of levels= - Local Fibonacci Golden pocket - 100MA - previous rising channel mid - Horizontal candle support. Stock is also quite oversold so we may see a relief rally in the days to come. $410 would be a reasonable short term target
Keep on watch for a move above mid channel resistance. Could be A VERY FAST MOVE.
Stock has held horizontal support after breaking the downtrend. The 20ma is most obvious resistance now. Volatile stock so care needed. Bullish divergence on RSI
Fold continues to surge higher after breaking out from a 13 year base. Previous trade target hit so lets look higher. Care is needed on long side as indicators are running high and moving averages lagging behind. Rising trendline may also come into play today. Fibonacci targets for continuation $24.94 & $27.50
Daily Chart= Wedge break on heavy volume and the gap was protected and held. 200 Moving Average reclaimed for the 1st time since Nov 2019. Major 0.236 Fibonacci retracement level broken (white) Local Fibonacci Golden pocket (yellow) next major resistance. previous rising support trendline (blue) may now act as resistance. $200 a key psychological level for...
Trendline break in GD , 200ma resistance broken, Momentum in strong uptrend Volume resistance declines above $153 $160 target in short term.
MYO a speculative small cap up 10% pre market after a 200% revenue rise. RSI and Moving Averages bullish. Targets as per chart.
Bullish setup developing in CGBD for a potential long above $10.00 Major drop is volume resistance. Golden cross imminent. Volume rising.
CCO has broken above the 200ma on earnings and managed to hold the gap at $1.15. Next major resistance is the descending downtrend above which a fast move to $1.60 is possible.
Puration Inc. (STOCK: PURA) Current Price: $0.0997 Chart Analysis Website | Recent News About the Company Puration, Inc. is a leading Texas-based, CBD-infused beverage provider. The Company’s flagship product, EVERx, which was introduced in 2017, targets the sports nutrition market. Puration plans to introduce new beverages as well as grow its product...
What a horrible day for BYND investors as the company announced some below par numbers for the quarter, that came on top of a intraday decline on MCD news. In teh afterhours the stock did find support on the Fibonacci Golden pocket and has since bounced 10% . The stock is very oversold and the earnings call may have eased some fears . The fact that the stock...