intelwize

intelwize

- Expecting reversal around 1.1465 - Correction in progress technically

intelwize

Update August 7, 2020 The downwards thrust and harmonics seems to point the reversal lower than $3.37. The support could be from any of the following 1. Historical support of $2.86 2. $2.28 (78.6 Fibonacci level co-incites with the price pattern completion AB=CD pattern and the trendline support-Green line) Refer to purple box 3. 5 waves to complete pattern C...

intelwize Updated 

If the correction is falling wedge, the support is at $3.37, previous peak (Feb 28, 2020) MACD crossed over indicating that this might be a falling wedge. Or if its simple ABC correction and previous low holds as support at $4.00 and reversal around this price point would make a upwards run towards retesting $7.84

intelwize Updated 

Two possible reversal zone to upside 1. $7.42 simple ABC target 2. Fib Retracement level of 0.618 ($6.37) and also previous peak (Feb 19, 2020) could offer support.

intelwize

Stuck in multiyear channel between $6.04 high and $0.91 Low. The stock needs to break 6.04 for any definitive trend. On short term, there could be some upside to complete B towards $5.00 and drop to complete wave C or retest the low at $0.91. Pattern not clear at this moment

intelwize

This stock has potential to retest $12.60.

intelwize

This ride is purely based on fundamentals, there was a strong sell off in Feb 2020 during the Pandemic crisis when everything else related to the Virus cure was rising. Therefore, this may no have too much upside, the max pushing for low risk trade is $12.53

intelwize

Ideal long entry between harmonic wave length of XA to BD. refer to Arrow in chart

intelwize

Posible sell at current levels targeting minimum 0.38 Fib level at $19.33. see chart arrow point alternatively, if the falling trend line is broken, it will test $28.64 high of April 24th, 2019

intelwize

Possible Gartley Sell Pattern if price reverses @1.1369 - Initial target at 1.1156 - The current consolidation could be wave B and still room for wave C to the down. The over lapping wave pattern suggests we are still in corrective phase. 5 Mins chart showing divergence indicating the move upwards could be terminated @1.1369 Alternatively If the price...

intelwize

- Possible formation of Head and Shoulder - Possible wedge formation - MACD Bullish divergence (white Arrow) - Previous peak resistance now support around 1.1150 also 0.382 Fib Retracement - Channel support trend line - Overall – good probability run towards possible 1.1500 ** Caution, the falling trend line resistance might around 1.1300, need to clear that...

intelwize

entry @ 48.98 long

intelwize

Retest of $12 past resistance now support

intelwize

Entry long on pull back - over all bullish

intelwize

Neutral