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MITK

$MITK Bearish To Bullish Reversal NASDAQ:MITK Bearish To Bullish Reversal, parallel down trend that started in September of 21. The break of the down trend started in August of last year and now its basing for over year. Perfect example of a bearish to bullish reversal. Mitek Systems, Inc. is a technology company specializing in digital identity verification and mobile capture solutions. They provide software solutions that allow businesses to verify the identity of customers remotely and securely, as well as capture and process documents and images using mobile devices. Mitek's technology is often used by financial institutions, online marketplaces, and other businesses that require a reliable and efficient way to verify the identity of their customers for compliance with regulations and to prevent fraud. Their solutions leverage advanced algorithms and artificial intelligence to analyze various forms of identification documents such as driver's licenses, passports, and IDs, as well as to perform facial recognition and biometric authentication.
NASDAQ:MITKLong
by AlgoTradeAlert
MITK - Top-Down Analysis!Hello everyone, if you like the idea, do not forget to support with a like and follow. WEEKLY: Right Chart MITK is overall bullish and now approaching a support zone in green 12.0-13.0 so we will be looking for buy setups on lower timeframes. DAILY: Left Chart MITK is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, MITK would be overall bearish can still trade lower inside the green support. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
NASDAQ:MITKLong
by TheSignalyst
6
MITK - Possible flag formation long from current price to $$9.70MITK is forming a possible flag formation. It also seem an advance fallen angel formation. We think it has good upside potential and it can be a momentum continuation trade. * Trade Criteria * Date First Found- May 6, 2018 Pattern/Why- Possible flag formation, advance fallen angel formation Entry Criteria- Current Levels ($ Exit Criteria- 1st Target $9.70; 2nd Target- Momentum Stop Loss Criteria- $8.46 Indicator Notes- Very powerful Twiggs money flow index Please check back for Trade updates. (Note: Trade update is little delayed here.)
NASDAQ:MITKLong
by AcornWealthCorp