Long Trade Setups: AMC CVNA PIXY UPST Some high risk high reward stocks in watching.
Small caps could get squeezy in the near term.
PIXY
Time to GO UP$PIXY is doing this always.
RSI is in oversold territory.
Positive divergence between MACD and price action.
Most probably $PIXY will spike again in at most 10 days. Good buy opportunity at this level.
ShiftPixy loosing wings. PIXYAnd has been doing so for quite a while. Confirming downward impulse here with some goals.
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. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
PIXYBroke a 3 year downtrend with major volume , looking for much bigger move in double digits post consolidations around 2 $
short term +500%ShiftPixy, Inc. provides staffing services in the United States. It offers employment administrative services, such as administrative and processing services, payroll processor, human resources consultant, and administrator of workers' compensation coverages and claims.
PIXYShiftPixy Inc (NASDAQ:PIXY) Ready for more action? Last week’s performance of PIXY was marked by an explosion in volume and price action on Thursday. Towards the end of the week things went a little south but nothing alarming enough for me to worry about after taking a new long position around 3.20. I'm here to trade, not to make investments. From a technical standpoint, the stock reacted very well to the support zone, previous resistance, closing back above the $3 level on volume. Another bullish signal is coming from the MACD which crossed up above the signal line and this may spur further buy signals in the short-term. Watch the break of 3.35 next week, for a potential run to $4 I’ll continue to monitor the play for further potential upswings.
PIXY Technical Analysis 🧙ShiftPixy Inc provides a disruptive human capital management platform, revolutionizing employment in the Gig Economy by delivering a next-gen mobile engagement technology to help businesses with shift-based employees navigate regulatory mandates, minimize administrative burdens and better connect with a ready-for-hire workforce. ShiftPixy adds a needed layer for addressing compliance and continued demands for equitable employment practices in the growing Gig Economy.
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PIXY - Fast Money - Breakout AlertBreakout Alert: NASDAQ:PIXY
Target: $17.00
Please see past analysis for further information.
FibMarketWatch.com
ShitPixy - Strong Buy - Next-Gen Workforce - UpdatePIXY : Strong Buy
Initiated: Feb 14th, 2019 at $1.60
First analysis:
Target: $26
Time-frame: 60-90 Days
ShiftPixy, Inc. (NASDAQ: PIXY), a disruptive workforce engagement platform provider, is leveraging blockchain as a digital ledger for all human capital transactions.
ShiftPixy is a prime use case for implementing a private, centralized blockchain due to the security and privacy of the data that a blockchain affords. In business, human capital transactions contain some of the most crucial and sensitive personal information-namely, everything contained in the personnel records for an individual (including social security number, date of birth, driver’s license or passport details, bank account information, tax form elections, and more). Any data considered to be a human capital validation point or part of the hiring and onboarding process is being utilized and recorded in ShiftPixy’s blockchain ledger. The employee I-9 verification process, for example-one of the most stringent, rigorous, and penalty-laden compliance procedures-is positively impacted by blockchain utilization of biometric authentication and automatic verification of I-9 data, removing human error in the process of screening for fraudulent information. Scott Absher, President and CEO of ShiftPixy, stated, “We use blockchain technology in our ecosystem, because it is one of the most efficient tools available to help us protect our data from cyber interference. Any data considered to be a human capital validation point or part of the hiring and onboarding process is being utilized and recorded in ShiftPixy’s blockchain ledger.”
Cycle Correction:
Daily Chart: Target
Will update.
FMW
Shiftpixy, PIXY, Roll, ConsolidationI am not licensed or certified by any individual or institution to give financial advice. I am not a professional Stock trader.
I believe PIXY is in a Rolling pattern, or consolidation. The 20 Day Moving Averages seemed to drag it down a little today, but as long as they can break above those I think it has a good chance of reaching at least $3.00. Of course, I wouldn't complain if it went all the way to Resistance above $4.00. I bought Shares of PIXY today with this strategy in mind.
