We see a cross on the SMA 25, 100, and 200 on Jan.29 before breaking out of the 9.05 resistance on Jan.30
- Looking for a pull back and eventual run up to ~12.50 In the following month with resistance at 10.50 and 11.65.
- Targeting a channel of support between 11.30 and 12.65.
- SMA 25, 100, and 200 are crossed,
SNAP is currently down -35% in 52 days since last earnings on Aug. 7, 2018 when SNAP reported -0.27eps vs est. -0.31eps.
This is an analysis of price movement between earnings periods.
Aug. 10, 2017 - Nov. 7, 2017
- Aug. 10, 2017 Reported -0.36eps vs est. -0.30eps
Earnings to earnings, price increased +13.7% (13.42 -> 15.26)
Nov. 7, 2017 - Feb. 6, 2018
Nov. 7,...
I know what I'm doing.
BINANCE:TRXBTC is frequently testing the top of the red downtrend channel. That is potential for a breakout.
The 4H 200 EMA is above there, and price has traveled through the 100 EMA.
I'm looking for movement above the 4H 200 EMA and the dashed blue line for my bullishness to really kick in with a target of 1100 and targets of 620,...
