ITM Power new bullish chancesITM Power recently broke the downtrend and is on the way to confrim a new Uptrend. If we go over the last High of the downtrend (Blue Line) the new Uptrend is confirmed and ITM is on a bullish way again. No financial advice. I am not a professional.Longby muysaftigPublished 2
ITM Power Analysis 17.08.2021Hello Traders, here is a full analysis for this asset. The entry will be taken only, if all rules of your trading plan are satisfied. Therefore I suggest you keep this pair on your watchlist and see if all of your rules are satisfied. Leave your thoughts in the comment section, I will reply to every single one of them. P.S. Tell me which asset you want me to break down next and I will cover it in my next analysis _____________________________________________________________________________________________________________________________________________________________________by basictradingtvPublished 223
#ITM considerably overvaluedOn Fundamentals, in my view ITM is currently well above fair value, on 28th Jan 21 they released an earnings update for p.end 31 Oct 20, which states EBITDA loss of £10.4mln but having an mcap of over £3.2bln! (that's right!) I understand the hype of Hydrogen, but this is just insane is it not? Let's discuss if you think otherwise. Anyway, looking at the graph we can see clearly support at 550p, which has broken. It does look like we have a flag forming, but for now, I think it will fall to 362p region. Please comment below.Shortby nlh7388Published 662
Bullish FlagBullish Flag forming. Could break out somewhere in the days/weeks to come. With a good catalyst, this could blow into 400-ish range.Longby ChantalCPublished 1
ITM POWER ORD In this chart you use Elliott Wave Theory. -------------------------------------------------------- take this chart and support it rises to 283.00by James_royPublished 888
#ITM - Short or Long? #itmpower #hydrogenITM Power's stock is really really hot, right? RSI at 94,7 - Monthly Chart! The share price has reached the annual resistance level R7 and is currently still above the R6. Maybe the stock will grow in this valuation but not with my money. Maybe your money? Best regards from Hannover Stefan BodeShortby StefanBodeUpdated 11
Bullish?ITM broke its resistance of 25.5p today Rise based on "Launch of Large Scale HRS" and a "Pipeline Increase" news release It also broke its weekly 200EMA This could signal a change in the trend?Longby andmk2Published 3