ADSK has nearly tapped ATH recently and fell down with the market weakness. It seems to have rallied and looks oversold. Fib retracement was done from recent swing high to low, levels included. Ideally an open at or above the current level right at the fib would backtest and hold, providing ideal entry.
Contextual immersion trading strategy idea. Cerence Inc. provides A.I. powered assistants and innovations for connected and autonomous vehicles. The share price rose after good earnings. I see some preconditions the share price will continue growing. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a...
Adobe is a growth stock and therefore I expect a good channel run. Especially after their -6% decrease they can rebounce because of their supportive lines (e. g. EMA 200, EMA 100, EMA 50). Your Christian Schönfeld
One software stock after another has come to life and ripped higher in the last few months. Salesforce.com , Alteryx , ServiceNow , Trade Desk , Adobe : the list goes on. VEEV is another member of the group that's now trying to make its move. It's formed a broad basing pattern since last autumn. That followed a 100 percent move between early 2018 and...
Today Smart Global Hodlings climbed above its 50-day moving average line, an intermediate-term bullish signal. It is now trading above both its 200-day moving average line and its RISING 50-day moving average line. Tradingview's technical summary is BUY: www.tradingview.com From a fundamental perspective, 5 out of 5 analysts are recommending to BUY this stock: ...
CHKP is one of the few stocks that has breached its previous all-time high, corrected mildly and then resumed the uptrend to new higher highs. The stock has a mixture of retail traders, pro traders and mild Dark Pool accumulation at times. The momentum will stall intermittently with profit taking from professionals.
PRGS has a classic Dark Pool quiet accumulation pattern followed by a pro trader run and then the HFT gap that is a breakaway gap. The professional traders’ technical footprint was the signal that this stock was poised for an HFT gap or run up.
SNPS stock has been moving with intermittent momentum runs and easily broke through the highs resistance from September 2018. It is now slowing down after huge gains. The stock is currently shifting sideways with a rising risk of heavy profit taking from the pro side.
Retest of bottom is over and good entry point for this medical software stock. Anyone got any Freedom Check stocks to recommend? TDOC
NCAP is growing at 166% sales growth, however likely growth is with legalization. Watch and follow microcap software IT for eventual play. 2014 RETURNs play. Pick & Shovel stock Wish they'd diversify software focus to medical marijuana & CBD side, instead of all fun & games. #missingthebigpicture VC phase, earnings -0.01 to none as positive.