It looks like it's getting out of bullish pennant.
Waiting for the confirmation here.
It can break the trend on MACD and Divergence Indicators. RSI + MF are looking quite good. If it breaks over the resistance it's going to fly again.
After the last drop I've predicted in the linked idea I think this is the moment to look for an empty seat on the train.
Good luck guys!
Support very significant and visible.
It bounced(the last low) and now is going up with the support.
Indicators as often : RSI+MF, Divergence, MAs, MACD. Possible reversal to bullish.
Buy zone 28.70 - 30.20
Stop loss 28.50(~5%).
1st PT - 36.00
2nd PT - 42
3rd PT - Moon
4th PT - SPACE! :D
Possibility to gain again?
It looks like it want to crawl up on a support line (green).
I've packed bags here a little.
Indicators are almost reversed to bullish.
But it still can go lower if it breaks the support line.
Remember to have a stop loss below the support line.
There is a big gap below 5.60.
There also could happen a bear trap, quick fall and then...
Last QR earnings beaten. Chart is flatting. Slowly going through the resistances. It will last a while, but a gain can be huge.
Stop loss : 12.30
Buy entry, anywhere above SP.
Price targets :
Above that.... Noone knows. But i dont really believe it will go...
It already jumped out above the resistance before, then it retraced back, now preparing to go up again! Big opportunity here.
Bullish on many indicators on many frames.
Targets marked by red `floors`.
Stop loss: 1.22
Uxin is fighting on the channel pretty long time. Today is the date of report earnings. What will happen?
Technicals look like any catalyst can push this at least to 1.50.. After that... who knows?
China economics is looking good while comparing to the rest of the world during the pandemic.
Electric cars are booming in China.
Uxin, as a used-car retailer, can...
This company is going to be huge.
It's already passing the Phase 3 ARIEL4 study.
Revenue has been beaten in last quarter report. (although there was a small overestimate for the profit(loss) per share)
The MACD indicator is bouncing back (also the price is pushing through the Moving Averages).
Price is now in the channel (2 thick red dot...
Until 3rd December there probably will be done the deal with the GM.
Everyone is afraid now, because of law companies attacking the Nikola for misleading informations about the company.
But everything looks like it still wants to go up after this massive bullish flag.
Looks like MACD + RSI + MFI is trying to bounce off the support line.
We will see!