Divergence , trend line break, and Fibonacci plotting the TP
Analysis based on divergence of Daily and 4 Hour time frame divergence, along with trend line breaks. Trend line was drawn on 4 hour, once broken and closed above, that would mark the entry. Price should continue upward to at least $6.36, based on fibonacci retracement. This is posted only as an idea, and for feedback. I am no professional.
Based on technical analysis, 4 hour, hourly, and 30 minute show clear divergence. Chart shown is 30 minute, once price breaks trend line, sell should occur to at least $8.92. Second sell will occur based on second trend line, for the 4 hour. If price actual breaks that low, I will re-publish another fibonacci for potential drop.
I base my ideas on the chart technical analysis. Although I did realize this is a "meme stock," the 4 hour, hourly, and 30 minute are divergent and the trend line has been broken. Entry occurred days ago, so nice time to buy at least until the indicated price based on the Fibonacci.
Aurora Cannibus long opportunity. I honestly did not read much into the actual company, but based on the divergence in the 4 hour, 1 hour, and 30 minute, it's shoeing clear reversal to the high. The Daily shot up too high meaning it would need a retest at some point, but I'm playing it safe to at least $17.18, based on the fibonnaci.
Pfizer is one of the three top competitors in the Covid Vaccine race. They've already been approved and are beeing administered across the nation, meaning they are bound to go up. But aside from that, on the technical analysis aspect, strong divergence on the 4 hour, hour, and 30 minute time frames. Along with a trend line breaking on Friday at $34.72. The...
waiting Dogecoin buy set up. Price will drop once more to about 45 cents, hitting the zone, also setting up 30, hour, 4 hour diveregence. Enter when price crosses and closes above trend line on the 30 minute.