FVRR/N trade ideas
FVRR will go up after this dump for sure at the least 35% it's obvious that FVRR will keep on rising in 2021 but hopefully like in 2020
FVRR Bouncy Bouncy Daily 50 day MAThis stock is not called Fiverr for nothing. It literally goes up or down $5 every session.
All I can say is that the daily 50 day MA is key to trading this stock.
Good entry points are when the Daily Candle closes near the 50 day MA.
I have consistently taken good $FVRR profits with this strategy.
Buy when it dips near the Daily 50 MA.
FVRR - swing up next?FVRR has been mostly trading within a regression chanel for the past 6 months. It looks likely this trend will continue (until it breaks).
It has pulled back from the top of the channel to the bottom of this channel yesterday, which incidentially is also at the 38% fib support level of the AB swing up. A bullish divergence (between price and RSI) is also apparent.
Long as it rises above yesterday's small pinbar candle @ 200 with initial SL below this pinbar @ 190. However it this fails, then we might have to relook as it test the 50% retracemet level around 179-181.
Should trade works out, I will look to take profit as it approaches channel top (estimated to be @ 238 or the 127% fib extension of the BC swing up).
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
FVRR from 25 to 230 in a yr, Gave Meaning to Trend FollowingSomeone, please document the journey and timeline of this near 10x stock! I confess to not knowing much about the company.
FVRR On WatchFVRR may have landed onto potential support on previous resistance at 211.50ish level. Eyes on this one. Waiting for a bounce confirmation tomorrow.
Precaution: May be a small, quick move as price seems to be entering into a rising wedge.
FIVERR correction?maybe it’s time for FIVERR to retreat a bit. Especially since he is doing well because of the pandemic, and vaccination started all over the EU on Sunday, and we can say that this is a sign that things are starting to return to normal. Well, in that sense, but also because of the technical indicator, a correction is possible.
Heikin Ashi Saves the Day for FVRRHeikin Ashi 1MONTH Chart
With FVRR using Heikin Ashi Candles ; shows the trend more clearer, even on shorter timeframes.
I find that FVRR needs HA because it is a low volume stock.
Low volume stocks tend to get blippy with the candles, and then comes in Heikin Ashi to solve this dilemna.
HA used in conjunction with the ELLIOT WAVE THEORY can lead to huge gains.
FVRR to Bounce off 50 day MALook for price action to bounce off the 50 Day Moving Average ($202.25)
This should pull back a bit, then reversal off the MA.
I like to make up my own thing when it comes to Elliot Wave Theory Technical Analysis.
Besides, rules are made to be broken.
$FVRR -- SHORTVery clearly a megaphone top with a sizeable bearish divergence on the RSI supporting the megaphone pattern, looks like a short to me!
FVRR oversold reversalFVRR oversold from the vaccine news. FVRR's momentum is showing signs of a trend reversal. FVRR closed at a previous resistance level, we need volume to confirm a breakout above the 166 level.
Short term price targets:
$181
$191
Fiverr International breaking out to new highs after earningsFVRR is looking to make new highs. It could go straight for the moon or may stop to form a cup-with-handle first.
A 10d ATR (x2.7) stop loss at 142.51 could work now and is near the bottom of the base and the 50d MA. Keep a small position size of R5.31 to control risk.
Stop 142.51
Position Size R5.31
Can we get fiverr 184$+ ?Hello we can see good long way if we go above 163$ (+/-) and go over 184$+
and go short below 150$ (+/-)
Just my idea Not a recommendation
Lil update on a Short on FVRRdidnt close last time it was at 140s and held on bounce
Trying to get this time at 150 & 145
Star Stock Fiverr seems to be creating a temporary topNYSE:FVRR is one of the few stocks which had an amazing run in a very short time and might be dangerous to short but we only need to trade the charts and tighten our stop. The stock is creating a double top at around 183.5$ and should retest the neckline at 165.6$. It will either bounce to retest the high or break down to target the buy zone between 151.8$ to 155$ and then the double top target of 147.6$, if the stock bounce and breaks the all time high, it will target 201$.
Be aware earnings announcement in a week time!
Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
FVRR LongFVRR having reversal on support line.
Very good risk-reward ratio
Take profit @ 182
Stop loss @ 149.50
FVRRwatch closely for confirmation of downtrend, if the candles come back above the cloud and then retest with a clear close below the cloud, look out below!
if things break to the downside we will see a stop at the first fib level, then likely lower considering where this rally started. I see FVRR being worth $50 MAX in a post-Covid world.
None of that means it can't go higher, as plenty of markets today ride extreme evaluations on no earnings or an unsustainable bottom line.
Loving FVRR but possible retracekeep an eye! Short under ATH with stoploss over it, and switch sides if its the case
