ALF READY FOR TAKE OR HARD LANDING?All,
This is technical play looks like it might be building here and take the parabolic curve up. Also could drop and essentially double bottom. I think it's worth setting alerts at the all time low double bottom and several near breakout area. Obviously this is a 8M low float technical play here.
ALF trade ideas
The line must be heldWe clearly broke the downtrend resistance.
And yesterday i posted saying i was assuming a retest of that line would be made.
We got it, wicked right off it, like it was meant too.
If we continue to get bullish price action and line is held.
I then projected an elliots 5 wave theory to get some price targets using the Fib tool.
its actually kind of reassuring to where each wave up ends, in relation to previous price action.
If you look on the level 2 order books, no body is selling this, and the buy orders aren't small.
Also, something i will dig into further...
on the far left of the chart... there is a mini run and sell off... before the big parabolic move. oddly.. it looks exactly like the whole marco chart.
put it on the 1hr chart and look a little deeper... IT IS EXACTLY THE SAME.
Looking forward to watching this play out...
My average is $1.91
open to hearing other ideas, and input.
Good luck.
potential?Clearly traded in the falling wedge for a while as this stock lost value..
It broke down, and fell into a falling channel, where it really lost value.
it traded sideways, and rolled over the channels resistance, back tested it and WAM
over the macro resistance line... and were closing daily candles over it.
A retest of the old resistance, turning it into hopefully new support, could send this beaten down stock, into a new bullish trend.
I was just scanning stocks and this one jumped at me, i know nothing about this fundamentally
It has completed Elliots 5 waves down. So i mean naturally you would expect at least some sort of retrace upwards.
Anyone with information on this stock would be cool.
Good luck,
ALF - DEMAND ZONE - PIVOT ON FADE - LOW FLOAT - BANGERAll,
ALF I think is going to pop huge pretty soon we all know how wild she is when she gets going. This is now a waiting game. I have about 5 alerts set on ALF 2 or 3 below 1 slight above if it moves up and a volume alert. I think extremely soon we see ALF rip again. Make sure to actually watch this one. Actually decent company/future.
Keep in mind how long this stock has been on the market as well. Looks like some garbage downtrend stock, but in reality it hasn't been on the market long enough to even make that true. This could easily be a blimp on the radar. So always keep time on market in the back of your head.
Alfi Agrees to Ship 10,000 Digital Tablets to Uber, Lyft DriversNewly listed Alfi has hit the ground fast with some big news that pushed it up 100% for the day. These new listings are always tricky to play, so be cautious, but might be worth keeping an eye on it.
From the news release here on TV:
Alfi said its technology can help rideshare drivers earn extra income. The firm optimizes its network of digital tablets to deliver "powerful reach, dynamic visuals, and tailored message capability by age, gender, geography, demographics, brand behavior, and interests, all in real-time.
ALF - Potential 70% Rise!-“We have a strong balance sheet to execute our strategy and to create shareholder value,” said Pereira in a statement via Benzinga. “We’ve been given a big bat, and we’re swinging for the fences with the goal of hitting a home run.”
-Pereira also told Benzinga that the company will be buying back $2 million in stock.
testing a hunchThis thing was a raging orgy midday, super fun intraday scalp. It retraced nearly 35% in the AH. Got this halfcocked theory it'll bounce around $12.50 and rally back up from there tomorrow. Watching this one closely manana, rolling into some upside calls if it bleeds into tomorrow's tape and ledges into support above $11. 🤙🏽
ALF - Great Idea, Great Potential!-Alfi (NASDAQ:ALF) stock is rocketing higher on Tuesday after announcing a deal that will bring its services to Uber (NYSE:UBER) and Lyft (NASDAQ:LYFT).
-Alfi has signed a contract with All-Niter that covers the “fulfillment, staging and shipment” of 10,000 tablets that will make their way to Uber and Lyft drivers. These tablets will be used to display ads to passengers through the company’s AI enterprise SaaS platform.
-According to a press release, the Alfi platform is able to accurately display ads to customers based on age, gender, and other factors. It does this while still managing to remain compliant with privacy standards.
-The idea here is that this system benefits both drivers at Uber and Lyft while also doing the same for advertisers. That’s because advertisers get to show off their goods and services while the drivers earn extra income by having the tablets in their vehicles.
-The idea here is that this system benefits both drivers at Uber and Lyft while also doing the same for advertisers. That’s because advertisers get to show off their goods and services while the drivers earn extra income by having the tablets in their vehicles.
ALF initial thoughtsAI and ML is gaining importance in every field. "Alfi, Inc. provides solutions that bring transparency and accountability to the digital out of home advertising marketplace. Since 2018, Alfi, Inc. has been developing its platform that uses artificial intelligence and machine learning to deliver targeted advertising in an ethical and privacy-conscious manner." finance.yahoo.com