Long Idea on REFRREFR has come into a major monthly level. Upon doing so last time we had a nice expansion on the weekly putting in a triple top then contracting back to igniting level. As well pulled back into the weekly Demand we put in a falling wedge. Looking at the 4H, we had a clear break above the wedge and were in the retest move as the market closed to finish off 2023 trading. Liquidity has been built at the triple top and along the way down as well. Not an A+ setup to me by any means as there are a few other confluences I would like to have seen along with it but I think it is still a good opportunity with Asymmetrical risk potential. Will be targeting the triple top overall but I have targets at $1.86 and $2.85 along the way. No more than a .15-.20 Cent stop.
As always this is not financial advice, this is just my plan for my own trade.
May 2024 bring you much success in your trading. Happy New Year
-TrendChaser
REFR trade ideas
REFRRelative volume is extremely high (5.1)
Also, as you can see, green lines are areas where price could go if there is a long movement
On different timeframes, $2.00 is the target price.
It could take a few days to go up, or it could be fast
On Aug 03rd, we had earnings so that could be another reason.
What do u see?
Quick 70% gain or massive 2000% gain as investment long termI can see 2 ways to play it (Long-term) weekly chart. which looks like REFR is at a really bottom of the Zoom out CHart
Or on "looking for spike" which seems it happens from time to time for a 100% spike.
Recent news of their smart glass in Cadillac's EV Celestiq made it run back to 52w highs. Blackrock disclosed a 6% stake on 2/2. The company has established partnerships for their tech with aircraft manufacturers, buildings, many automobile companies like GM, Mercedes, McLaren, etc; Hyundai invested in the company. They’re also expanding R&D to find new applications for the tech. Recently dropped with the market, then harder with good earnings.
RSI IS bullish
Volume are super increasing
AO indicator isn't Confirming a bullish trend yet. but the Bearish trend had lost strength (definitely)
CANDLESTICK :
strong Bullish engulfing (or popgun?)
And a double bottom
On Weekly you can see the top at 40$ a few years ago, now worth 2.63$ ... more than worth a position for longterm
Ascending triangle bull signalOn my watch list as it has bounced nicely within the channel. Could see an extended flat for a couple of days before it jumps up to the next leg of the pitchfork. Also possible for a short term jump meaning another bounce. Could lead to a triple top so I would be careful if it does otherwise looks very bullish.
Bullish Pennant as a leading diagonalI like $REFR to breakout of its bullish pennant this week. If it does it will serve as the leading diagonal for a wave 1 of 5.
I think it currently is situated as C of ABCDE, which will launch it into the picthfork comfortably. Price target is >7.25 in 3-5weeks.
If this continues there will be a retraction after the ABCDE which is the start of wave 2/5.
Research Frontiers, Upside Targets $refrResearch Frontiers, Inc. engages in development, licensing and commercialization of suspended particle device (SPD) light-control technology for automobiles, homes, buildings, aircraft, boats, exhibition and display applications markets. It develops and licenses technologies to other companies that manufactures and markets SPD-smart chemical emulsion or light-control film made from chemical emulsion, lamination services and electronics to power end-products incorporating the film, skylights and sunroofs. The company was founded by Robert L. Saxe in October 1965 and is headquartered in Woodbury, NY.
INVERTED HAMMER. Possible end of uptrend.
Disclaimer: This information is for entertainment only, it may be incorrect and should not be used for your investment decisions as you may lose all your money...and.. although my name says so, I am not from the future and don't know the future. I may or may not hold positions in symbols I talk about.
Ready for a pullback?
Disclaimer: This information is for entertainment only, it may be incorrect and should not be used for your investment decisions as you may lose all your money...and.. although my name says so, I am not from the future and don't know the future. I may or may not hold positions in symbols I talk about.
REACHED 20-YR RESISTANCE LINELets see what happens this and next week. Are we going to pull back sharply, or are we going to keep going up?
Disclaimer: This information is for entertainment only, it may be incorrect and should not be used for your investment decisions as you may lose all your money...and.. although my name says so, I am not from the future and don't know the future. I may or may not hold positions in symbols I talk about.
REACHING UPPER MULTI-YEAR RESISTANCE LINEWill it break out? or will it plunge?
Disclaimer: This information is for entertainment only, it may be incorrect and should not be used for your investment decisions as you may lose all your money...and.. although my name says so, I am not from the future and don't know the future.
PRICE ACTION REACHING 10-YR RESISTANCE LINE.Will it break to the upside, or will it go down? In the face general market decline, possible US tariffs on EU automakers, and a possibility of recession in general, It is difficult to bet for upside breakout.
Disclaimer: This information is for entertainment purpose only and should not be used for investment decisions because it may be incorrect.
High Alpha Momentum Play Long REFRI really have no idea what I'm doing investing in this company, I usually like big stocks that make lots of money. These guys are tiny, there's so little volume, they don't have positive earnings, but I think their product is amazing and I will be watching this one/investing for years to come I think.
Weekly RSI looks primed for a pump. The stochastic looks like it found a bottom on a nice little trendline so I'm trying to catch a short momentum play. I'm looking for $3+ who knows how hard it pumps but it looks ready.