Take a look at the chart (1 hour top, 1 day bottom) .No confirmation yet , but high probability (in my opinion) to see AIKI moving down to $1.11 area .With in few hours we are going to find out if AIKI will stay in the channel or move below the channel support line.
At this moment AIKI price is at the bottom of the new channel and if $1.23 level hold up (price strongly rejected to the up side from $1.23 level twice for the past few days ) then we can see AIKI moving towards $1.36 area and higher (see chart), If not then price will decline to $1.18 and / or $1.11 area.
Here is my quick swing play (this game plan is based on fair value areas ) :Entry at $1.22, Exit at $1.51, Stop $1.16 ,R/R 1 to 4.8 Let see if it is going to play out by Friday .
We need to see AIKI rejecting from the line (marked with green arrow) to confirm upside move.At this moment I am not holding position in AIKI ,still observing ,fearing "dead cat bounce".
As you can see I flipped the chart upside down....Share your opinions .Thanks .
If AIKI continue to move in the same price-time cycle then we should see listed above moves (dates of the moves are marked with blue long lines ).P.S. Not financial advice , I can be wrong in my estimation and/or change my opinion.
The last time AIKI filled 424B5 in April of 2020 price of stock went down significantly.Today AIKI filled 424B5 ....price started to drop ....I am out for now , closed all my positions ended up taking 200% profit on my investment (missed here and there ,but over all satisfied ). Expecting AIKI to dump all way down to $1.52 - $1.33 level. P.S. I can be wrong ,but I...
Take a look at moving cycles : Big move on Dec 9 2020,21 days later another huge move on Dec 30th 2020, then 6 days later another huge move on Jan 6th of 2021,then 13 days later another big move on Jan 19th 2021,then 6 days later another huge move on Jan 26th 2021,then 5 days later another big move on Jan 29th 2021.Here is the interesting part : the time distance...
I have been riding AIKI for the past 3 weeks ,so far VERY successfully- (I guess it is hard not to with such predictable moves ) I am, expecting AIKI to move down (it can spike briefly on Monday to ~$1.70 area and then sharply move down) as low as $1.44,possible stop loss set by LONGS in my estimation is located at ~$1.44 (where the 2nd spike of 01/29/21 began)...
I think this is more accurate chart than the previous one I have posted earlier ,as you can see wave B is formed and now ZOM entered to wave C trajectory . The entry zone is located between two (in my humble opinion ) important support lines which are ~$0.01 apart (zoom out to see it clearly ).As always -not a trading advice ,use your own DD.Please share your...
All in the chart.Share your thoughts.Thanks for your time.
Take a look at RSI , UO and Volume .ZOM also keep moving below trend lines (blue lines).
Take a look at RMED chart,very similar set up before it skyrocketed .
Just wondering if ZOM is trying to move towards ~$0.16($0.19) area where lots of shares will be dumped by "prior to October 20th bag holders" so they will loose their voting RS rights and then taken down towards $0.063 area again so who ever purchase the shares on the dip will not have a right to vote and then on December 15th they (ZOM) are going to get enough...
At this moment it is really hard to tell what to expect on monday or this week. 2 scenarios:ZOM is moving high, breaking $0.17 resistance and move above $0.20 and stay at that level for at least 10 days ,if it fail to get above $0.20 it will be delisted=price will drop (possibly lower than $0.07) .But I am sure monday will be interesting trading day, most-likely...