FVRR Fiverr continues the strong uptrend on a strong momentum

FVRR Fiverr found support on the 4/1 gannfan line on 50sma and retested that bot creating a double bot after which the momentum picked up in a huge engulfing candle and staying very strong until now going up between the 4/1 and 3/1 gannfan lines. Most likely fiverr will break retest the 3/1 gannfan line and end up going to 1.272 fib level after the deep pullback it had to 0.382 fib level which will line up with the middle between the 2/1 and 3/1 gannfan line at 150$ price point.
FibonaccifiverrFVRRGann FanTechnical AnalysisTrend Analysis

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