Analyzing the options chain and the chart patterns of EGAN eGain Corporation prior to the earnings report this week, I would consider purchasing the 5usd strike price in the money Calls with an expiration date of 2023-9-15, for a premium of approximately $1.30. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
The price chart has encountered a strong resistance zone that may cause the price to stall for a few days. But it will continue with a price increase again.
Looking at the H4 chart, my overall bias for CGC is bullish due to the current price crossing above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 2.78, where the 23.6% Fibonacci line and overlap support is. Stop loss will be at 2.52, where the previous overlap support is. Take profit will be at 3.43, where the overlap...
I sold all my URC stock as it tested and rejected its September 2021 resistance line at 146. This stock will likely revisit 128 level before climbing back up to to re-test 146
DESCRIPTION: In the chart above I have provided a macro analysis on what can be the potential path that price action will follow with current ongoing bearish momentum. POINTS: 1. Price Action is in an overall downtrend channel. 2. Within this falling channel we have consolidation occurring with bearish trajectory as seen in the image to the top left in the top...
I placed an order for URC at 137.40 today as it continues its uptrend and will likely break its short-term resistance level at 138.80. I placed my cut loss just below the ALMA line. I may also leave the stock if it rejected the the said resistance price I mentioned above.
Goals 0.56, 0.49. Invalidation at 0.89. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that...
The Corporate bond market got extremely oversold and it bounced without the Fed having to pivot. Essentially the market got to 2013-2018 levels, and bounced nicely at the old support. But we still don't know whether the bottom is in or now, as there are more questions that need to be answered, like: Does the market expect the Fed to reverse course soon? Does the...
Hi Elliotticians, NVIDIA Corporation can be making a bullish impulse, up from 2014. At the moment however we see price in a temporary decline, which can be a correction in the making; wave IV which can unfold as a three-wave correction and look for support at the Fib. ratio of 0.382 and 0.50. Trade well!
O has been slowly grinding higher since March 2020 lows topping out at $72.55. Price action since November has been stuck in a range with the January 2022 price action sweeping above the double top highs at $70.40 level. After the sweep higher, price action appears heavy at current pricing especially since the asset has not made any meaningful retracement lower....
Big gains in the next 3months then cool off period, 2022 gains expected up to 600% Buy at : 0.015 and hold.
The price rejected off the 100 EMA yesterday and formed bearis MACD and WMACD divergences. I am bearish on the stock.
This one is posed for more drops now or soon. It's a zigzag again and indicators support the view for further drops. More goals could be drawn in, but its more prudent to limit yourself with three or four on a regular basis. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets...
Once it hits the below of the channel, it will reach around $4-5. Further, 2 dollars is great support. If it breaks that trend line, it will go to the moon!
· Current Price – $0.0419 · Best Case Scenario PT over 1$ · Market Cap – $11 million · Debt – 0 Halbert Corporation Are a biomedical company with a clear aim to revolutionize the world of medicine. They are working towards a creation of variety of antibodies and treatments using extracorporeal techniques (outside of body). They believe they have the...
Pivotal Investment Corporation II trend according to initial pattern