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DOGE Forms Falling Wedge Pattern, Will Bulls Regain $0.30?
-DOGE has fallen nearly -14% over the last week -Price has formed a falling wedge -30 day MA is acting as support DOGE has fallen short in terms of performance over the last month when compared to other large cap alt-coins. Price is up around 75% since the low on July 20th was set. Many expected DOGE to be well above the $0.30 range by now but an overall indecisive week from BTC & ETH has left DOGE lacking a strong direction. The hype around meme coins surely peaked in April & May of this year and since, the majority of these assets have fallen -50%. Many investors are wondering if DOGE & other coins in its category can go on another bullish surge. The large gains experienced over the last year on DOGE may be a reason why it’s lacking behind many other alt coins. Since Doge coin hit its monthly high of $0.35, prices have fallen roughly -20%. The price action seen over the last 2 weeks has led DOGE to form a bullish falling wedge pattern. Each time price has touched either trend, it gets rejected to the opposite one. Falling wedges are usually 80% of the time bullish as a breakout to the upside is needed to activate the pattern. For DOGE to go on another run towards the $0.30 mark, bulls must break over the top trend of the falling wedge & tackle the major resistance found at $0.306. If bulls manage to pull this off, DOGE will have a shot at hitting mid $0.30s. Based on BTCs performance over the last two weeks, we should expect a larger price move to be coming soon. In the case that BTC breaks to the downside. DOGE will likely follow suit. At the time of writing, DOGE is trading within a major support zone from $0.269-$0.288. Along with this zone lies the 30 day MA (shown in orange). DOGE has held this MA as support for nearly a month now. If bears assert more control & push DOGE below these two important marks, expect prices to land in the low $0.20s.

 While looking at the Stochastic RSI, we can see that strength has spent the last few days within the oversold region. This is good as long as price can stay within its falling wedge pattern until strength breaks above the 20 value. Breaking above the 20 value will likely spark another bullish push for DOGE. The MACD has turned around the last week along with price. A bullish cross of the MAs is needed to confirm a bullish breakout is underway. 

 DOGE Intraday Analysis Spot rate: $0.279 Trend: Bearish Volatility: High Support: $0.269 Resistance: $0.288
by CoinGape
2
PLTR - Example of many - Throw Overs in Equities Complex.PLTR is ranging ahead of Jackson Hole. Many charts have precisely the same setup. HK was asked IF PLTR was a SELL - We do not Sell PLTR, nor would we at this time for reasons we'll cite below. For "Appearances" - the .500 is the Target as the LTL contained Price from further declines as Insiders continue to SELL and Distribute their shares. Chop into the break with a P/E of 100, this richly valued "Disruptor" has remained ahead of itself. The move from 35 to 25 was being promoted as a Value proposition by the Financial Media... Presently, there is an Air of caution surrounding PLTR as Valuations and Distribution is coming under scrutiny. Never Underestimate Wall Streets ability to Fill their SELL Fills. It will be interesting to watch the Fill into the next P/E Adjustment as Q3 earnings are going to be a fairly tale. A great many charts show precisely the same pattern. The State of Colorado has become the 2nd Capital over the prior 3 decades. Companies such as these we avoid, as they are the newer group of MID protected entities. HK Is a resident and has visited Lockheed's Sites here. The State remains the life blood of MID for the 21st Century. Fusion research/development has been advancing here for well over a Decade. FAA/CDC Contracts are prime example. * Disclosure- No Position
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by HK_L61
12
$CPRI: Continues to stun the marketWith another massive earnings beat, the market continues to find value in this name that was getting beaten up long before COVID. Should be interesting to see if CPRI can continue to impress into holiday season and beyond. Q2 2021 Highlights Revenue increased 178%, with better than anticipated results across all three luxury houses Adjusted gross margin expanded 90 basis points versus prior year Adjusted operating margin of 20.8% Adjusted earnings per share of $1.42 Raised full year adjusted earnings per share outlook to $4.50
NYSE:CPRILong
by Fox_Technicals
TLMD - CHANNEL BOTTOM + FALLING WEDGE = BOOM GOES THE DYNAMITEAll, This is a crazy crazy setup. WW here for sure. Needs to hold this bottom. Easily worth taking a long here stop loss or not. Id probably not take a stop loss because sooooo many times it dips below all time low and support bottom falls 5-10% then moons. Happens literally all the time. I know not a high volume stock, but if this is right you can long hold for at least 20-40% gain if not more. MUST hold support and/or small dip under otherwise invalidated. HOWEVER following the falling wedge fails as well dips down and STILL in the falling wedge is fine just follow the # of attempts hitting falling wedge wall afte 3 rejections should be end of that. So either way this setup will blow up soon or easy to follow after.
TLong
by DigitalData
Uuii UbisoftBuying points: -trend line from July,15 -strong support at 51.14€ -MACD: MA lines extremely under average -RSI: oversold Selling points: -all SMAs above the price -MACD shows negative momentum Fundamentals -selling pressure bc of bad earnings of the gaming industry (take-two) -seasonal summer impact -> people are more outside, fewer sales -guidance of next earnings: meh Conclusion Technically the stock has a great potential to bounce back to a certain level which I think is 59-60€. So, with a tight stop loss, we are looking for a 17% return. My strategy, in this case, is to sell the stock when it hits SMAs like 50 or 100 (main goal 100). You could argue that the share has the chance to get to the upper downtrend line but the fundamentals do not support this theory, not in the short-mid term. Short opportunities could arrive after we go under the trend and support line (full daily closed candle). This would become approximately 20% down to the next support line of 40€. As all ways, I try my best to calculate the best risk/reward ratio. If you like my analysis you can follow for more quality content.
EURONEXT:UBILong
by Chrlstlan
FIGS - LOOKING FOR $46 - Great FinancialsAll, Firstly, FIGS is THE hot commodity in the healthcare sector. All major doctors, dentists, surgeons love and buy only FIGS no joke. They are a high quality brand and actually a decent company. FIGS looks ready to pop on confluence support here and wedge. We will see, keep an eye out. See financials below, but I would consider them undervalued here by about $5-$10. I could see FIGS at some point in time being near $100 stock if they keep up their revenue and hype with healthcare workers. Entry #1: now 5% stop Entry #2: break of wedge w/ trailing stop Entry #3: wait for wedge break and see what happens on previous channel retest fail (late entry on break 40-41$ vs now. Could also of couse go down so do your DD Financials (Almost all good) **High ROE: FIGS's Return on Equity (49.9%) is considered outstanding. PE-- PE vs Industry: FIGS is good value based on its PE Ratio (11x) compared to the US Medical Equipment industry average (48.9x). PE vs Market: FIGS is good value based on its PE Ratio (11x) compared to the US market (17.9x). ER/Revenue-- Earnings vs Savings Rate: FIGS's forecast earnings growth (40.2% per year) is above the savings rate (2%). Earnings vs Market: FIGS's earnings (40.2% per year) are forecast to grow faster than the US market (15% per year). High Growth Earnings: earnings are expected to grow significantly over the next 3 years. Revenue vs Market: FIGS's revenue (27.6% per year) is forecast to grow faster than the US market (9.2% per year). High Growth Revenue: FIGS's revenue (27.6% per year) is forecast to grow faster than 20% per year. Debt-- Short Term Liabilities: FIGS's short term assets ($146.3M) exceed its short term liabilities ($43.4M). Long Term Liabilities: FIGS's short term assets ($146.3M) exceed its long term liabilities ($3.6M).
NYSE:FIGSLong
by DigitalData
2