2nd bullish pennant. FRSX is showing another bullish pennant. Volume is gradually going down which supports the pattern. Price target of 15 dollars.
FRSX trade ideas
What does FRSX chart is telling us?Today the stock touched the bottom and the top of the range testing both bulls and bears alike. It closed on the green and creating a nice ascending triangle. Trading sideways next week, then to march towards $10.00 and beyond. If the stock breaks the 10.00, 12-13 dollars can be on the horizon.
About to POP?Consolidated for awhile now, the ichimoku cloud is getting tighter.
Riding along with the EV hype and the proper news/catalyst can send it up soon, IMO.
FRSX 1hour - big runner todayFRSX is RUN-NING today.
3 MA's all trending upwards now for a bullish sign. I like the 34ema cross above the 200ma.
NO POSITION. Watching after hours for a few shares on dips for one of my small account challenges.
$FRSX
Breaking out of bullish flag.FRSX finally made a move up following the bullish pennant. Great entry point as the MACD is going green, and RSI heading up. Price target of 10 dollars.
Bullish pennant. FRSX is a risky play but one with alot of potential. The daily chart has a bullish pennant and if it plays out im putting a 10 dollar price target.
FRSX Bull PennantWatch for breakout to be supported by strong volume... If breakout continues we will see some nice upside to $6
FRSX_breaksElliotWaveCorrectionbased on the technicals FRSX breaks an Elliot wave correction pattern to a major upside and is rare, weird today did not make the volume oscillator have a more positive slope...Entry was missed but interesting.
$FRSX is gonna fall todayPupm&Dump trading strategy idea.
$FRSX is rising without clear preconditions today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $2,01;
stop-loss — $2,47;
take-profit — $1,55;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
no upsideif you really want to scalp for .10-.20c a share you can grab some, but this has never had a green year. its always consolidation or more red. be very careful with stocks like this. put more size into plays like JMIA and other big names and consider penny stocks the same way we consider a "lotto calls" gl! :)
$FRSX Bullish: beat down before positive ER?Oversold conditions on a long-term bullish trend.
Beat prev ER and def no reason to assume it's getting worse. Good upside..
July 31, 2020 08:00 AM Eastern Daylight Time
NESS ZIONA, Israel--(BUSINESS WIRE)--Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that its wholly owned subsidiary, Eye-Net Mobile Ltd., has received a notice of allowance from the United States Patent and Trademark Office for patent application No. 16/496,826, for “system and method for preventing car accidents and collisions between vehicles and pedestrians.”
July 27, 2020 08:00 AM Eastern Daylight Time
NESS ZIONA, Israel--(BUSINESS WIRE)--Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today the sale of two prototypes of its QuadSight® four-camera vision system to the automotive solutions business unit of a multi-billion dollar Chinese technology company.
“We believe that successful evaluation of the prototype systems may lead to future activities with the leading global technology company, allowing us to expand our presence in the Chinese market and pursue new opportunities. Information and technology companies want to help vehicle manufacturers produce better cars. Our unique obstacle detection capabilities enable safe uninterrupted driving, regardless of the environmental and weather conditions,” said Haim Siboni, CEO of Foresight. “We believe that successful evaluation of the prototype systems may lead to future activities with the leading global technology company, allowing us to expand our presence in the Chinese market and pursue new opportunities.”
$FRSX new cup and handlewatch 1.45 level very carefully. at this point 2.15 is the target after we set up at a good support at 1.40 level
$FRSX can rise in the next daysContextual immersion trading strategy idea.
Foresight Autonomous Holdings Ltd., a technology company, designs, develops, and commercializes sensor systems for the automotive industry.
The demand for shares of the company still looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $1,41;
stop-loss — $1,35.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$FRSX cup and handle pullback should be watched1.27-1.30 was major support but we bounced back. we might see 2.00 soon IMO
Foresight autonomous holdings bullish flag breakout?Unique technology and competitor of LiDAR. Already strategic partnerships with FLIR Systems Inc., Elbit System Ltd. (high quality standards!) and CORNES Technologies. Could be disruptive in the autonomous technology (level 3 and 4). This company is still in an early stage
Foresight Autonomous potential day tradeForesight Autonomous recently signed a big deal to provide autonomous vehicle technology to a major Chinese auto company. It ran up quite a bit Thursday, and the price action today looks encouraging for a continuation. We've mostly held above 2.30 support, with lows around the 2.26 support level. The late-day drop to 2.09 support offers a good buying opportunity. We should see a rally during power hour. To continue its run, FSRX needs to close above about 1.76 today, 2.16 Monday, and 2.56 Tuesday. I'm hoping to see 3.74 and maybe even 4.10 next week.
