GRNH hits all time low, has been here 3 times before. Can either: 1) drop lower (were going to zero!) 2) reverse split (you now own 1/10th of the shares you previously did) Total Shares Outstanding = 347M. 3) Bounce back up - up - up. 500%? If you really want to have fun, put a limit purchase in around .0022 (previous all time low) - this thing went up 2000%...
Paypal has broken bearish trend, and is attempting to cross 50% retrace from most recent drop and has met strong resistance. This chart has bounced off a long term Fib trendline of 50%, which we can expect profit taking at 88%, 100% and 161.8%. Short term, the 5MA has crossed over the 8MA on the 1D charts, which is a bullish indicator, as well as a W bottom,...
2 Stop Loss positions, depending on your risk tolerance. Earnings Release created a large Gap Trade Opportunity. Stop losses at $112.60 or $110 - Profit at $140.
The stock ETSY has hit the 50% Fibonacci resistance line and bounced off of it. The Fib line represents a trend that had been in place from February 2017, around $9 price, until the high of $73 in February 2019. This resistance line is very strong, and can represent reversals along with other indicators. Currently we see on the 1D, 4H, and 1H charts, that the...
Currently, Roku has indicated bearish signals in the short term, has broken out of an upwards channel, and is now re-testing a short term Bullish Trendline established in September 2019. This also happens to meet the 100MA, which price very well may bounce off of. However, volume needs to be significant, or we may see the price drop down to the next Fib level of...
On the 1 day chart we see a Bullish Divergence appear generally indicating a reversal alongside a broken trendline, as GoDaddy announced stronger than expected financials Q3. Average analyst target price is reading $89 for 12 months. Expect resistance around $75
Facebooks latest trend upwards was rather weak, as buying volume decreases. Chart shows potential head and shoulders pattern, with neckline around $160 area. Price could draw back in the short term. Due to the market weakening, and buying volume decreasing, it would not be suprising to see a small dip between $160 and $165. There will be some resistance around...
Don't get me wrong, overall I am bullish on this stock. Coming up, however, we are due for a correction from a market driven largely by news / media. Check the financials. Keep in mind everything from 1/28 -> on could be artificial movement due to Kramer calling it out on TV. I would expect quite a big profit taking coming up, wouldn't be surprised by a drop of...
Everyone can see the Short Term Head and Shoulders Pattern, starting in August until now. A peak of $13.44, a push to $15.30, and losing steam rolled up to $13.00 before tanking. But let's say this H&S pattern was correctly called. Now what? We take previously charted trendlines, which are still unbroken. The bullish market for this stock continues long term,...
ABBV has been losing some value in their stock since January 2018.. Some trends we can see on the chart, are a couple fibonacci patterns, farthest on left is since the stock started, and closer on the right side is the latest dip on. The retrace has hit the long term 50% Fibonacci level and bounced off. Volume has been low, however. We draw trend lines and...
AAPL has been a great money maker for me. The stock has continuously performed well. This is more of a question to those that study Elliott Wave Theory, than a prediction of future movement. I do believe Apple to be overbought recently, and I do see a dip in the future. I usually chart Fibonacci Patterns, and would expect to see a 38% minor profit taking like...
We reached bottom of rising wedge formation. We should see dip, but might not be yet. I expect bounce from this level back up to top trend channel. Buy in levels updated to next fibonacci level down, $63. If this fails, we will look for amazing buy in opportunities at 61.8% - $55.00 ish. I expect current trend to resume, so price currently at $68 should be...
Notice that depending on how you chart the Apple stock, you either have a rising wedge, or a new parallel chart going up. The steeper overall incline, has a concerning Relative Strength Index associated with it, which shows the higher stock prices over time, actually has a lot less volume behind it. Keeping in mind Apple is most likely going to publish strong...
This trade has reached its low target level I previously charted a while back, and the 50% fibonacci level all at once. This may not be the last stop on the way down, as it reached it very fast with some high volume. However, this area was a major point of resistance upwards previously, we should see resistance turned support. Expect a battle at this level of $42,...
Netflix keeping pace with the other Major Tech Stocks, and outpacing the industry itself. The Stock soared from 12/12/27 to 3/9/18, followed by a short term reversal until 4/5/18. This happened to coincide with the 50% fibonacci ratio from the previous climb and bounced right off it. the momentum carried it above the 100% previous resistance lines, above the...
Looking at commission free Mutual Funds to invest your mid term to long term, depending on your age, this is just as good a fit as DHAMX and BSCFX. SP500 has been outperforming most analysts over the last decade. Check out all three performance wise. Also, shoot me your top picks! What has worked best for you over the past? This is a clear channel over the...
SING capable of another move. No need to chart, the company is struggling, will not follow typical patterns. But not your typical penny stock either. Just created alt COIN Singleseed. Potential? Short term? Yes, long term? No idea. Just don't forget to sell ! Mix penny stocks with the Marijuana industry and Crypto currency, potentially explosive. ...
GoDaddy, which has been losing over $250 million per year previously, has gone public almost 2 years ago. Since then has published profits of 92.6 million in Q4 2017. 3 million in 2018 Q1 and continues to grow revenue between 20-30%. Stock has doubled since IPO. Trendlines have been broken recently, and stock is still making gains. Look for stock to follow in...