FVRR is at a perfect entry point to buy shares. It has reached support during the recent pullback. I see huge upside to this stock.
- Trend Analysis - 📑Value: 6/20 📈Growth: 20/20 💰Profitability: 14/20 🚀Momentum: 20/20 💸Earnings: 8/20 🖇️Total Score: 68/100
Above $39 for $JMIA is a retest of the highs at $50
it's obvious that FVRR will keep on rising in 2021 but hopefully like in 2020
FVRR may have landed onto potential support on previous resistance at 211.50ish level. Eyes on this one. Waiting for a bounce confirmation tomorrow. Precaution: May be a small, quick move as price seems to be entering into a rising wedge.
Video breakdown of $FVRR!
This is where i think fiverr will go. my opnion good luck to every one
FVRR having reversal on support line. Very good risk-reward ratio Take profit @ 182 Stop loss @ 149.50
watch closely for confirmation of downtrend, if the candles come back above the cloud and then retest with a clear close below the cloud, look out below! if things break to the downside we will see a stop at the first fib level, then likely lower considering where this rally started. I see FVRR being worth $50 MAX in a post-Covid world. None of that means it...
Options activity continuing to rise on this stock, starting to be noticed by the RH crowd. Risky strategy but I think it goes higher in the short-term on way to earnings
The world is coming back to work and I suspect they will largely have to stop gambling on the FVRR marketplace for their production needs. If things do unravel in this rally, look for a retest on the new channel @160, before going lower to Fib levels, as sshown.
FVRR has been outperforming many E-commerce stocks since early Sept. While overall E-commerce group is in red since early Sept crash, FVRR has bucked the trend and posted the double digit growth. I think early signs of waning momentum are clear and it is a good time to scale back on the aggressive momentum strategy and do some profit-taking.
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...
Fiverr is a platform that connects contract workers with employers and serves a massive global $100 billion addressable market. Demand for flexible contract gigs has increased exponentially in the coronavirus era, and Fiverr's active buyers (employers looking for workers) exceeded 2.8 million during the recent quarter, with 300,000 new ones joining. Furthermore,...
FVRR will validate the Pennant pattern today, and I will Open Long right now at current prices of ($120 - 122). FVRR buy : 120+-2 FVRR target : $170+ Stop loss : 5% Wish you a good deal !
E-commerce will continue to have strong CAGR as the brick and mortal stores fold under the pressure and the whole world becomes even more digitalized in the future.