Long
TYME will reversal to Bull and reach at least resistance of 1.47
TYME (TYME TECHNOLOGIES) was on a downtrend, however, a bull reversal pattern has appeared, and the stock is preparing for a reversal to bull in the short-term.
It has consolidated near the 1.29 support point, and now MACD and Technicals (Oscillator and MA) are both pointing to bull.
MACD briefly turned red and at the end of post market it turned to green. This is a bullish sign as red trend was brief and weak and helps to support the other previous bull signs by giving them a green direction. I expect premarket will be bull, and it will continue into normal hours.
The most reasonable resistance point is 1.47, and with the previous signs it indeed makes sense for this to be the target.
It has consolidated near the 1.29 support point, and now MACD and Technicals (Oscillator and MA) are both pointing to bull.
MACD briefly turned red and at the end of post market it turned to green. This is a bullish sign as red trend was brief and weak and helps to support the other previous bull signs by giving them a green direction. I expect premarket will be bull, and it will continue into normal hours.
The most reasonable resistance point is 1.47, and with the previous signs it indeed makes sense for this to be the target.
Note
Looking good pre-market, it has been building a nice bullish trend, MA is now 53.33%, it is following the current main green trend line (almost exactly) and the MACD is now clearly sloping up with decent momentum. If you like when I predict correctly, please like my posts and check out my other predictions.
The threshold to post pictures in comments is at least 10 reputations. If I can at least reach this it will allow me to be more detailed and clearer in my follow up analysis 😊
Note
It went down in the morning but it will rally back up. It is still bullish.Note
TYME is bull tomorrow. so many signs of divergences.Note
Accuracy is much higher now. Ignore my first 6 stock ideas posted July/August 2021.
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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.