NASDAQ:MU - 12 year chart. 1.Below AVWAP from the low of 2016 is not taken. 2. 10 month consolidation in $$ 49-65 range 3. Price is back in a multi-year rising channel and is trading not too far from its lower boundary 4. Is near the upper boundary of the descending channel with a high in January 22 5. Trades near the AVWAP from the highs of 2022 6. RS on the...
What about $GBT by Technique: - The stock has entered stage 1 (Consolidation in progress) and has found support at $26.1, resistance at $36.5. It has been in this corridor since late June 21. - The stock is now trading above the 30-week EMA, which might give us the first signs of a follow-through after the consolidation stage. The break-up of the 30W occurred in...
$ZURVY - Zurich Insurance Group AG is a holding company that provides insurance products and related services. What's attractive about the schedule is. 1. Being close to ATH, 2. Moves in a rising channel 3. Trades above the 30W EMA 4. Last 2 weeks the volume is significantly higher than the average. In the previous week it was 3.5x of the weekly average, and this...
Of the positive factors 1. The price has been consolidating above the support level around $85 since January 2. Price has pushed back from the rising trend line that began in March 20. 3. Buy volume prevails. 4. RSI on the weekly timeframe is trying to rise above 50. 5. MACD is trying to break through the signal line upwards. 6. Relative Strength is greater than 0...
$CARA - The stock has had a support level of $11.9 since '17. It only went lower in March '20. Now it has also fallen a bit lower, but it is trying to get back up. If you buy at the current level, stop below $10.8, with $15.5 and $17.8 as growth targets. Its not an investment recommendation
The stock has been declining since November 2021. I see its downside target as an uptrend line with the price at $56.7. There I would consider buying, as the stop will be small, with the subsequent growth to the level of $69 At the moment, the 100W EMA provides support. My opinion is to put it in the WatchList.
I like the current picture on the chart. Price has come to a point where the rising trend line from December 20 and the 100W EMA converge. The downside volumes are decreasing. We can try to take with a short stop, at $47. With an upside target of $68, and a longer upside target of $96. In case of a breakdown of the trend, the downside target is the $29-$31 range....
$ADUS - Long-term factor - the stock is on the edge of a rising trend, since mid-2016, and there is a support level at $75.4. In case of a pullback - from it the target is up $93.2. and further down within the channel. A stop is to be placed below $73. In the medium term, the trend is downward, since January 2021, at the breakdown of $75.4, the stock will go to...
$KRA is an good entry point by TA Factors of a good entry point technique: 1. Support of 200D EMA 2. ascending trendline from the 25.03.20 3. historically repeatedly tested support/resistance level at $31.15 4. 5 consecutive quarters of better-than-expected reports 5. Bounce off 200D EMA and trend line on volume 2 times above average. Current price...
$JMIA - Technically, the paper pushed off the trend from March 2020. If it exits the wedge, it could shoot up. In case of exit from the wedge, growth targets $27.5 -> $33.5 It's my personal opinion and is not investment recommendation.
The stock has held the 66.4 level and the 200D EMA level. You can see on the chart that 66.4 was a resistance level in 2020. Also, the paper is at the lower boundary of the rising channel and at the 100D EMA level, which gives quite a comfortable entry point with a relatively short stop. Analysts' average target is 87.6, which almost coincides with the ATH. Under...
$ BKI - Broke through the downtrend. On Friday it broke through the 200D EMA on heavy volume. Since March consolidated around the 100W EMA (which is a strong support level). 24.06.21 news about integration with the broker Phoenix was announced. TP1 - $86,3 TP2 - $95,2 It's my opinion and it's not investment recommendation.
$GEO - Moving in a downward channel. Bounced back from $5 support, broke the 30 week average. Last week saw very high volume. Last week the CEO bought "$GEO GROUP INC ZOLEY GEORGE C Chairman & CEO 2021-06-15 Buy 166,644 pc $6.75 total $1,124,047." The analyst's price target is 12-Month Average Target 12.75. That would be just close to the upper boundary of the...
The upside targets are $69, $82.4, $98. Today the paper broke out of the channel that it has been in since March. It closed at the point where the 100-day came up to the 200-day and closed above the 51.6, which was the support level. Also, the volume yesterday was the highest ever. A pullback to the upper boundary of the channel is possible and then technically...
Technically, the stock broke out of a flat zone ($5.8-$8.8) in February. On Friday, it bounced off the uptrend line that started in November 20 and the resistance line at $8.93. I expect it to break out of the converging wedge that has been formed since February. Next, a strong level of resistance will be the downtrend line from February 19. The volume profile...
The reason why I paid attention to this paper is because of the following. A director of the company has bought almost 1 million shares of the company since the beginning of March, worth $15 million, with an average price of $15.25. This represents 1% of the company's value. The company's portfolio is about to get a lot of new projects. The company's next report...
It has been growing dramatically as part of the pandemic, which is not surprising. What I see now. The paper is moving in a downward channel (highlighted in blue). In February it broke through the uptrend line that started in March 20. And now it is trading closer to the lower boundary of the channel. The maximum that the paper can go down, I see at $104-$105....
$RYTM - the stock has approached the lower boundary of the uptrend starting on 3/16/20. Support levels other than the trend line are: - two VWAP lines: 1st from the minimum value (3/16/20) and 2nd from the IPO date. - 200D EMA - Support zone, which has already been repeatedly tested. MACD indicator is in the negative zone and has crossed the signal...