Just days after a surprise earnings beat in November, SOFI announced a warrant redemption which subsequently sent it tumbling. Yesterday, 12/15, they announced the warrant redemption was completed, right as it entered into the demand zone.
RSI indicates we're in oversold territory and there's strong support in the 13.75-14.25 area. Financial sector stock are...
Bullish Thesis for UAMY:
1. UAMY share price has historically followed the raw price of Antimony. The last period that it traded in a similar price per metric ton was 2011-2012, in which the shares price traded in the $2-4 range on average. In 2021, the share price only briefly exceeded the $2 mark.
2. China is the world leading exporter of antimony and there is...
$42k is prior high and also the .618 on Fibonacci retracement, and finally this is a 35% correction from the ATH. Without news or other catalyst, likely not to drop below this level.
$DOGE has been respecting the Fibs for the past month, including the dumps last night.
I'm looking for a reversal at .518 (.382 Fib), if not there, a reversal at 0.45 would be very bullish signal, respecting the .50 Fib AND the upward trendline (blue line)that has not broken on the daily/hourly charts.
Also note there is strong support at 0.42 - a prior high,...
