I think a butterfly pattern is forming on RIDE. If it forms, the price will go down as it is a bearish pattern, however we still have one more side of the wing to complete. With this wing i believe that it will go to $34 ish, perhaps as a run up to earnings. I see a 40% ST gain here.
At its drop off from the 24th DEC, it was $25.40 and on the 29th DEC it reached $22.10. Now it is currently in a contemplation phase, will it go up or down? For it to go down it will go down approximately the same distance as it went down between 24th-29th dec. This takes us to a target price of $20.20 around the 12th JAN. This is also a major fib level so it...
All the signs point to $45.
Inverse head and shoulders produces a target price of $45 as well as a line fan ( of resistance and support ) pointing to $45.
Should have a great run into and after the new year
I am very bullish on this stock due to it being a major 5G stock. There is a resistance level at $175 and if the stock can breakout of this level then it can reach a target price of $220
Since the March lows it has increased back to pre Covid levels ( common to most tech stocks ) and is currently in a consolidation period in a bullish wedge. If it breaks out of...
XRP has had a major breakout from $0.2 and contemplated its breakout at $0.24 before making another move up to $0.32 and an ABCD pattern has followed making the stock bullish due to it not touching the $0.24 support at D.