Buy Idea The Vortex Long Signal Along with the MAMA indicator confirms a strong Buy on the daily chart.
Disclaimer: this is not an investment advice. Just for educational purposes only. Trading is risky and I am not a financial adviser.
MKFG trade ideas
MKFG | Oversold Tech Play | LONGMarkforged Holding Corporation produces and sells 3D printers, materials, software, and other related services worldwide. The company offers desktop, industrial, and metal 3D printers; and composite, continuous fiber, and metal parts, as well as advanced 3D printing software. It serves customers in aerospace, military and defense, industrial automation, space exploration, healthcare, and automotive industries. Markforged Holding Corporation was founded in 2013 and is headquartered in Watertown, Massachusetts.
MKFG Double Bottom Formation1. Potential double bottom formation on daily timeframe.
2. OBV ascending
3. WT_LB and CM_Vix_Fix indicate potential oversold position
4. Accumulation/distribution frames are indicated.
MKFG Divergence1. Fundamentally sound. The only problem is Ark's continuous purchases. We all know who plays against Katy.
2. Breakout of downward channel.
3. Let's watch the pull back at low level to 2.35-2.45
4, Fib Retracement with clear TPs and support and resistance levels.
5. Bullish divergence.
6. Just an idea for watching out.
7. Do your own research. It is not a financial advise.
MKFG analysis. Loaded up on this company after further research shows Cathie Woods loading the boat on this too. Was waiting for an entry point and finally found it which is important to be patient, and wait for those opportunities to open a position. RSI is heading up which indicates buying while the MACD is widening green. Hopefully we can see prior highs around 11 dollars which seems to be resistance, and hopefully break through to reach new highs. ARK invest seems to be buying a few thousand shares everyday which is a good sign and why i am bullish for the long term.
3D printing play.Markforged Holding Corp. engages in manufacturing, producing, and selling 3D printers and materials worldwide to customers. The company is headquartered in Watertown, MA.
Recently Cathi woods ( ARK invest ) has been buying this stock. Also, after " DDD" massive run today, this stock might follow.
Please note:
- I'm just sharing my view. it's not a recommendation for buying or selling.
