Fiverr - Short Term - We look to Sell at 43.39 (stop at 46.02) Price action continued to range between key support & resistance (31.00 - 44.00) and we expect this to continue. Posted a Double Top formation. Expect trading to remain mixed and volatile. 45.75 has been pivotal. Bespoke resistance is located at 44.00. Daily signals are bearish. Our profit...
Fiverr Short Term We look to Sell a break of 33.37 (stop at 38.56) Further downside is expected and we prefer to set shorts in early trade. Price action looks to be forming a bearish flag/pennant. A break of yesterdays low would confirm bearish momentum. Our overall sentiment remains bearish looking for lower levels. Our profit targets will be 20.13 and...
Fiverr - Short Term - We look to Sell at 89.12 (stop at 99.18) Previous resistance located at 90.00. 50 1day EMA is at 94.00. The primary trend remains bearish. Our overall sentiment remains bearish looking for lower levels. Preferred trade is to sell into rallies. Our profit targets will be 62.15 and 52.88 Resistance: 90.00 / 100.00 / 120.00 Support: ...
FVRR Short-term/Day-trading SHORT/BEARISH - We're currently in a very strong downtrend, we see a strong resistance at the current 0.618-0.66 ($200.54) of the Fibonacci Retracement, if can hold this resistance strong, we expect a decline here and to reach at least the 0.618 of our Fibonacci Extension ($164.50) as TP1 and if that turns into resistance our next...
Very clearly a megaphone top with a sizeable bearish divergence on the RSI supporting the megaphone pattern, looks like a short to me!
Target : 15.29 Stop loss : 36.11 Very risky trade.