Capital raised recently with nice price consolidation above $1.50 Price trending up to test 1.82 level. Look for weekly close above this level + an increase in volume. Price target $2. FY20 guidance reaffirmed in April. High level or reoccuring revenue. Underperformed tech and Saas stocks during the covid rebound. Good long term outlook. Although a...
Broken out above 2940, retested a few days later then gapping up the next day and breaking the 3000 level. The S&P500 is showing strength again after a month of sideways action. Not far to go until it is back to where it was at the start of the year... that doesn't sound right?
Still traveling sideways between support and reistance levels. After a small breakdown last week, the S&P500 finished slightly above the 20MA and still looks to have fight left in it. I've extended the uptrend to include candle wicks/tails, which I dont normally like to do. However, we can see the channel is still providing support. With one last run up to...
Note: I am not a trader, but I am looking to capitalise on further breakdown of the S&P500 After a strong rally, the S&P500 has broken below the lower band of the rally channel, finding support on the 20MA. The MACD indicates that momentum is decreasing, supported by the last low dipping below the prior high. As the 20MA (supporting current prices) moves up...