A bullish hammer appeared today after a significant correction. Waiting confirmation of a turnaround.
First price target is ~50, where it could hit with resistance as it re-tests the high.
My next PT is 65, as this turnaround could be the push needed to complete a bullish pennant pattern.
I'm hopeful to see $70 by the year end as they continue to roll out new offerings and pick up additional customers.
First price target is ~50, where it could hit with resistance as it re-tests the high.
My next PT is 65, as this turnaround could be the push needed to complete a bullish pennant pattern.
I'm hopeful to see $70 by the year end as they continue to roll out new offerings and pick up additional customers.
Note
We have confirmationNote
Adding the Fibonacci extension to the chart, looking good, third day of good volume and increase.
I'm not a financial advisor and I'm not offering investment advice. Please consult with your own financial advisor prior to making investment decisions!
Good luck and I'm always happy to hear from you.
Good luck and I'm always happy to hear from you.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I'm not a financial advisor and I'm not offering investment advice. Please consult with your own financial advisor prior to making investment decisions!
Good luck and I'm always happy to hear from you.
Good luck and I'm always happy to hear from you.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.