Retrace Back To Golden Pocket between .5 and .618 Fib.
It has broken above the trend line and I believe the stock has bottomed. Even though the price targets have been lowered, it will likely fill the gap in the golden pocket zone. Hence $103 by Feb 2025.
Trade ativo
Candles are knocking at 50 SMA. Could be similar to December 12th, 2023 and onwards.
Nota
Finally cracked through 50 SMA first time in 10 months. MACD has also crossed above 0 line.
Nota
Well, damn! Cannot win against a company's gloomy statement. They do have a history of surprising with ER. Last it said something like that and revenue was significantly higher.
Nota
MACD has turned bullish. Earnings will be interesting.
Nota
And we are oversold on the weekly.
Nota
Volume is our friend and is picking up. Stock is oversold.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.