ISP still in a bullish patternAll coin which major volume is on Kucoin have been affected by the news of the US government charging them so people sold unrationally but honestly I don't care. It's bull season, ISP is still in the bullish pattern and over a support. Moreover ISP fits in more narratives in this cycle (AI, gaming and web 3.0) and it's a low market cap.... it was 3 mil when I entered, now it's 9 mil.
On daily it seems it could still dump below the support:
but on 4h the impression is that the dump is being absorbed in some way. I think we'll have to wait until tomorros to know what's next for this one but I feel on the long run this project has a lot of potential.
If tomorrow the support hold or a reersal candlestick forms I suggest to buy.
Good luck
ISP
Ericsson: Bullish Bat with MACD Bullish DivergenceWe have a Bullish Bat Visible on the Weekly and Monthly with Weekly MACD Bullish Divergence near the bottom of a Decades Long Range. If we bounce from here to the range top a Partial-Decline will be Confirmed that could likely result in a Breakout to $28.
Ericsson also has a great P/E Ratio to back it up and as a result i have gotten the Jan 19 (413d) 8 C call options that are currently trading at well below a dollar.
ISP ANALYSISHi traders :) I'm Guario, and here are some thoughts regarding ISP possible future price action. Although I prefer analyse forex, cryptocurrency or commodity markets, I've decided to bring this analysis to you traders because this title is giving pretty interesting signal. Infact ISP has just reached the volumetric level of 2.3425 along whit a very visible Stochastic divergence. ALso notice how price is perfectly reacting with the red up trendline which is now acting as support. I suggest to set your entry position just a little bit below the support level of 2.3215. Look at the chart for possible stop and targets levels. Write me in the comments for any question, thought or critic. Good luck :)
ISP correctingIntesa Sanpaolo Bank is, in my opinion, in a correction mode finding a support level at 2.70. Such a price was the one tested during last June "gap up" after the Italian Bank incorporated two smaller regional banks. Altough some analysts (www.thecerbatgem.com) forecasted a 3.20 target price, that level is quite difficult to reach in the short term. Much will depend on the updated business plan that will probably be disclosed together with 2017 consolidated financial results.