MahdiAlQallaf

MahdiAlQallaf

After strong Q1 and Q2 earnings. With fears of delta covid variant. It seems that Zoom stock is about start a bull cycle. Beside the strong fundamentals and supportive circumstances. This convintion is also build upon chart technicals where the price has broke through a falling channel, and now testing the upper trend + 50 day moving average. As shown the candle...

MahdiAlQallaf

As shown in the chart... Mimecast stock is expected to bounce from the up trend which was formed during March 2020 (COVID Crash). Now it's developing a rounding bottom pattern which will eventually (as per my view) create a cup and handle formation where the neckline will be the blue line drawn at 48.72 resistance level. My target price will be in the pink area...

MahdiAlQallaf

Although Translate Bio. is one of the best companies in term of fundamentals, it also has a great technicals. As per our ovservation the price has already broke through a cup and handle pattern and currently it is settling on the neckline. Once the price pounces off the neckline I will be looking towards 34$ as the first target. Then 43$ as a final TP.

MahdiAlQallaf

As shown in the graph I expect one more low before the breaking of the ascending traiagke neckline. Once the beakout is done my target will in the pink area between $20 and $22. Not a financial advice. Do your own research and have a happy trading.

MahdiAlQallaf

According to technicals as shown Fortinet Inc. is about to make more gains as the price has broken through an ascending triangle. The target is expected to be around $195. Not a financial advice. Make your own research before getting in. Trade safe and have a nice day.

MahdiAlQallaf

Although Carnival Corp was one of the most effected companies by COVID and closed 2020 with a $2.2 Billion net loss. However they finished the year with $9.5 Billion in liquid cash. Which is enough to survive 2021. Add to that the distribution of the vaccine and the multitrillion stimulus plan would both play a key role in pushing the price into higher...

MahdiAlQallaf

As the chart shows, the price is being traded in an ascending triangle for the past 10 months. And according to the analysis the price now in an accumilation area. After the breakout the price is targeting $42 which is the pre pandemic levels. In term of fundamentals, the company was one of the most effected companies by COVID. So the distribution for the...

MahdiAlQallaf

According to chart, the price now is being traded inside a symmetrical triangle. In this triangle, the lower trend had been showing stronger impact than the upper trend pushing the the price massively upward (twice). Add to that, the stock is forming a round bottom (inside the triangle) which in so many cases it is followed by a breakout. According to this...