NNA has solid fundamentals, but obviously that's not enough these days to mean much in short term trading.
Dailys are showing solid bull set up with the indicators. Hourly indicators are a bit mixed.
Daily Fib-arc, Bullish Gartley, pitchfork, and pitchfan are showing gradual-immediate bull. I'm in, are you?
Unless we go into an all our recession, I'm pretty sure this stock will keep doing it's own thing (based on beta).
With that said, it's looking like over the first few hours on Monday this stock will do some dropping, most likely hitting the 1.618 pitchfan line created on the weekly and overlaid on the larger pitchfork.
The area of the 1.618 is very close to the...
I don't have trust in any energy stocks these days...
CRC is no exception. Most indicators are showing it in the next few weeks tanking with or without the rest of the SPY.
I'm assuming the price will drop and recover from the support at 1.76 and bounce back. Hopefully it will pass the mid-median parallel of the pitchfork and continue to the .786 or .618...
I'm seeing a set up for a bull run.
Trend lines have been upward slanted the last few months and is still be tested (currently we are on/around the median).
Fibonacci resistance/support lines are being tested too.
I'm thinking either in pre-hours, or early hours after opening the price very well might fall due to exterior motives (SPY tanking); but I don't...
A very respondent stock in regards to Fibonacci analytics.
The colored flag is from the trend based (12-month) retracement. Layered on top is the 1 month high/low Fibonacci retracement. I added a hourly and a daily fib arc (which the price action is currently trading within).
Stochastic, CCI, and MACD look ready for bull switch over (though temporary).
Over the next few days I see a reach for the .5 Fibonacci level (1.90), or the Pitchfan line; whichever comes first.
Heavy support from at 1.80 from longterm fibonacci level.
I believe the overall trend is still bear for this penny stock, but for the interim its bull.
Strong conformance to long-term Andrew's pitchfork. Lower screen indicators are not peaking, with the macd below zero; cci looks like its moving up towards 100; all signs of some bull movement.
Have a strongly confirmed trend-based fib extension, fib retracement, and fib arc.
Signs that this isn't longer-term bull market: (besides global news and markets) price...
Price action is conforming to theories on pitchforks, Fibonacci arcs and retractment. All this plus lower indicators are all spelling out immediate action in the next few days to consolidate after that last jump.
Looking at the fib levels, and hourly lower indicators; i'm pretty sure we are in for a bear in the next few days.
However, things look a bit different (indicator wise, at least), when you bring in the dailies. They are looking bull.
Market previously maxed at 13.56 (top mid-parallel in upwards pitchfork) and reversed back towards the stronger downward sloping pitchfork. I'm predicting it should continue past the median and to the 12.40 region.
For every indicator/tool used pointing to bull or bear, there is another pointing the opposite direction.
If I had to make a choice however, I'd say this is bear. Failed attempt to touch median back in April, clear bear sign. Been coasting on lower parallel. Heavy resistance near 35 (from moving averages, along with prior resistance levels).
Again, most indicators are leading to a correction; I'm going short.
With the recently tested 23.66 resistance, plus the blue downward-slopping warning line from the pitchfork, I'm guessing the price action in the next few days won't go above the 23.66 price point.
The hourly and daily lower indicators (macd, rsi, cci, slow stoch) are all showing a possible...
Not much into harmonic theory, but this is a clear AB=CD pattern.
Strong correlation between price action and downwards pitchfork.
RSI, Stochastic, CCI, and MACD are showing signs of retreating from their overvalued status.