All indicators point to bottom. 5th wave completed, MACD divergence, double bottom, price climbed above 50 days MA. Plus Lithium price stabilized at multi- years low.
Shorterm trade for a reverse Head & Shoulders break out to $108. Mind the coming earning report date.
Double bottom & china deal. Buy if SP closes above 200dma
Repeat performance? With the iran incidence, OKTA is poised for another run after another 4th quarter pull back.
Note the volume and bullish RSI & CMF. The bottom is in. Look for a breakout with a 3rd Quarter ER beat.
Bullish MACD, firming of RSI, sitting at support line, in process of starting its 5th wave. Stop Loss daily close below $25.
Weekly chart show gold is at near major supports. Due for a bounce, if not look out below.
Sitting at 0.786 FIB, below two resistance lines, RSI indicates overbought. Just too much going against it.
- Break down flag pattern. - Unfriendly 'Trump Effect' Overhang. - Over reach into residential solar panel business with Solar City merge. - Electric vehicles competition is on the horizon. - No near term catalyst for upward movement. - Potential drop to $150 if price break down below $180.
All three Fibonacci patterns (retracement, channels, and timelines) aligned.