As analysts take a bullish stance on price analysis, it does seem to be running on all counts at 337 on the BB Keltner breakout and 341 on the upper Bollinger; other indicators have been swinging much of the time, hovering over 80 but staying put in a strong stance against the bears. We could see a continued run to 350 before that cycle breaks.
It is at the point of resistance in a big way, as this has been the turning point for this stock for many years. In some instances, it has broken, but as the weekly clearly shows, multiple attempts have been made to permanently break this area and start a new pattern in an uptrend move. It will test this area but see if it can convincingly break this area behind....
Indescribably, one of the most significant moments for the stock is on sound fundamentals, a suitable catalyst, and a technical setup for continuation. The second level upper band on Bollinger shows it can even extend out to 190, and even though there are overbought levels on some indicators, it's business as usual. It can retrace as it has been doing, and 136 is...
Keltner at 0.25 breakout could see a new forming pattern as a U turnaround on the daily and as a higher low, but momentum to shift and break if the volatility continues to the next leg. What we've seen is on the weekly and some aspects of the monthly. The chart has been retracing, and then a continuation pattern is the current price action, many indicators...
All indicators point in one direction as the stock continues to fall after the initial good catalyst but has been marred by more bad news, with stochastic heading down and other indicators now also pointing in the direction of a bearish move, support areas remain key.
All indicators are pushing for a move north, crossover toward exceeding 0 MACD factual confirmed, daily committed to stochastic crossover midway, as is a catalyst and future guidance, with earnings approaching, may see if a selloff happens; if it does, I wouldn't be reluctant to be incentivized. looking for a future PT of 60
I can't believe how bullish this is based on the volume indicator box, distribution, consolidation, earnings upcoming, breakthrough catalyst upcoming, stochastic and rsi heading on up, and macd crossing over, with other confirmations. I would probably wait to see a pullback and then get in until these levels are overbought.
The uptrend isn't parabolic, but another name for it, I guess. But we understand indicators can move along in time, and the retrace hasn't been favorable to bears. A stretch outside the Keltner and/or a touch at the second layer of resistance may be enough to bring this down more than a peg or two. It's to be seen, but for now, I'm bullish on continuation to the...
The Volume box, the over-extended MACD, The buying indication on stochastics, and the CANDLES IN BULLISH MODE are A 50-50 SPLIT, BUT WITH ELECTION YEAR AMONG US, THIS MAY GO HIGHER ONLY TP GP BACK LOWER. I'M SHORT TILL HIGH 100, LOW 200.
With the channel approaching support and other indicators seeing a continuing pattern to the support line, it may pick back up after 140s.
It's had a good run, and the indicators are turning. It might be a nice time for a minor correction to mid-70 before continuation.
This is especially true for the crossover on the MACD, candle continuation, channels of support and resistance, and even stochastic, which is not fully extended.
Indicators oversold looking to move, but other key areas are still bearish, especially after this slumped to 400 before picking itself back up to 440; that wick may still be filled, meaning it could still break support.
Not all indicators agree on the move up, but with a gap, great candles positioning themselves into a bit of consolidation and bullish sentiment.
It has squeezed itself into a better position to continue climbing and possibly gaping up. Other indicators also confirm this move
There is no candle reversal or sign of a slowdown; it may break 200 before it corrects itself; this seems very much distribution alike.
Once in a lifetime, the indicators are not even halfway up to the signal. Even if it meets the center line, that's a staggering 20%. On top of that, the crossover on MACD and curving moving averages are ready to confirm a new bullish trend.
Waiting for the sideway pattern to be attentively structured, historically, squeeze happens, and a large candle breaks the cycle, working on breaking the resistance. Still, it's long and maybe a little too early.