ARRY trade ideas
ARRAY might be looking for a V wave to the upsideARRAY might be looking for a (v) wave to complete a (I) to the upside that could take us to 26.41$ . I favour the idea of a corrective move from all time highs rather than impulsive as the Fib. Extension of A-B it's close to 127,8% which makes it more likely to be a C wave from a zig-zag; another thing I see it's the alternation between waves (ii) and (iv) from the motive wave on top of the fact that wave (iv) found support at the upper trendline channel from (i)-(ii) .
ARRAY Tecnologies long potentialvreau sa va aduc la cunostinta de acest titlu cu enorm potential:
Aceasta companie se ocupa de implante pentru panele solare un sector in ultimii ani in foarte crestere.
-La moment pretul este de 27,54$ asta al face sa ajunga la 3,49B de market cap, un market cap foarte jos vazand cresterea esponentiala a companiei in ultimii ani (La care ajung la aproape 1B in anul 2020)
-Compania ii forate motivata la inovatii si produse noua, deja studiaza sa svilupe un nou DuraTrack in urmatorii ani, plus este foarte seriosa a cumpara sau a projecta noi tecnologii in acest sector.
Sfatu meu acu ca sta jos e sa cumparati la 27$ este un bun pret.
Cup and HandleNew chart so hard to extract info but appears to have formed a C&H pattern...
Has broken prior high once and had a throwback to right under long entry level of 48.97...
A throwback is different from a pullback in that price breaks high then comes back down in a small time frame..as long as price does not continue down, they are not an issue. CRSP is one that has throwbacks that are painful at times and price continues down for a bit..
I had to looks at hourly and 4 hour chart to see NV and OBV and it is high
Not quite overbought and I keep RSI on 9/20 and 80/so by the time mine says overbought,..it is really overbought. .
Stocks can trade in an overbought condition for quite a while but is a good warning sign for the conservative trader...
If a stock is in a very strong trend up, I sometimes wait until it is overbought on RSI on daily, weekly and monthly..
I meant to put a star on that 3rd candle wick at bottom... Apprears to be an adam H&S inverted pattern. An adam is spikey and an eve is rounded..but they can be mixed with each other as well
Array Technologies, Inc. provides solar tracking solutions and services for utility-scale projects. Its products include DuraTrack HZ v3, a single-axis solar tracking system; and SmarTrack, a machine learning software that automatically adjusts module angles in response to weather and site conditions. The company was founded in 1989 and is based in Albuquerque, New Mexico with additional offices in Europe, Central America, and Australia.