TTWO Entering Underbought Territory in Potential Swing Play TTWO stock grew by +3.71% on Friday , stock opened at $132.13 and closed at $136.41, stock is working below 20 EMA shows that stock is bearish in nature and RSI is at 38 that shows stock is at best place to make an fresh entry. For better risk and reward make entry in this stock when it cross 20 EMA in daily chart. You can invest in this stock for short as well as long run. The average traded volume of this stock is 1.969M/day. The current market cap of this company is $15.749B. They will report fourth quarter and fiscal year 2022 ended March 31, 2022, after the market close on Monday, May 16, 2022.
Underbought
NFLX Ending Week Above $600Based on these technical indicators, I see Netflix ending the week above $600 per share. MACD shows growing bullish divergence while D+ also shows growing bullish divergence as indicated by the green shadow. The green outline means that is below 40 RSI. Guth 3x Confirm also indicates a buy signal. It has been a volatile market but I personally believe it is a good time to increase your position ahead of earnings. As an options swing trader I plan on buying OTM calls that will expire this week.
1 Week Prediction Based on my technical analysis, I see ROKU hitting a minimum of $340 a share by the 11th. This price target could be reached much sooner.
MACD shows growing bullish divergence while D+ also supports the increase based on low RSI & Green shadow indicating bull strength.
Low RSI on the 1 hour chart shows that the stock is extremely under bought which signals investors to buy in.
The red Kurotoga cloud above the candles represents resistance, Rokus highest level of resistance is exactly $340 and I believe it will break out based on the factors stated above.
On top of that, the Guth 3x confirm signal at the top shows a solid green bar which represents a buy based on their algorithm.
As an experienced technical analyst I have noticed the Guth 3x confirm to be increasingly accurate on higher time frames such as the 1 hour.
Comment your thoughts on ROKU and follow to see this prediction be 100% accurate ( or inaccurate )
Has Rock Bottom Been Hit?Buy Buy Buy is what this chart tells me, and heres why!
BUY signal on the Guth 3x confirm!
Growing bullish divergence as indicated by green shadow from D+
RSI RSI RSI 24.18 ( extremely underBOUGHT )
MACD or OMG because it is at an extreme low point with growing bullish volume! The start of an uptrend is here1
NKE UpswingBased on the technical analysis of NKE on the 45min chart, there are a lot of signals that show the stock is positioning itself for a positive upswing.
First there are multiple green bands overlapping each other on the Guth 3x confirm, these are buy signals that have a history of being very accurate.
Second there are 2 buy signals that came up under the Divergence+ script, a script so accurate that it cost a monthly subscription. These buy signals are based on divergence.
Third, and because I have been speaking about divergence, the MACD shows decreasing bearish strength and increasing bullish strength.
Finally the RSI is low in to comparison to last week, currently sitting at 40.43 indicating that the stock is underbought.
Comment your thoughts below and leave a like if you are a NKE bull or believe this upswing could happen. Follow to see to upward movement that is almost guaranteed by the combination of the D+ and 3x buy signals.