LONG AYX REVERSAL, STRONG SUPPORT, RSI OVERSOLD, SWING TRADE The fundamental's are actually at a decent spot. Main reason why it went was due to guidance forecast not being increased significantly which makes this an overreaction news. The current price is at it's STRONGEST SUPPORT level based on the last few years of formation. Combing it with the RSI being...
The fundamental are really strong for this MSFT. With the recent announcement of partnering with GM and investing $2B on the cruise from GM. EV market is now getting attention from big tech companies likes apple who have plan to get into. Microsoft investing in cruise which is ahead of tesla in certain tech feature and automation. Based on its current prices it...
Hello Team, The fundamental's are actually at a decent spot. Main reason why it went was due to guidance forecast not being increased significantly which makes this an overreaction news. The current price is at it's STRONGEST SUPPORT level based on the last few years of formation. Combing it with the RSI being oversold it's another indicator reflecting it be...
SHOP IS FACING BACKLASH BASED ON THEM GETTING A COMPANY THAT WILL HELP IN THE LONG TERM RUN. PEOPLE GOT SCARED BUT SHOULD CONTINUE. USING BLOOMBERG TERMINAL, ANALYST BASED ON THE ANR FUNCTION SUGGEST PRICES OF 410, 390, 440, 350, AND MORE BETWEEN 350 AND 400+. THE RSI IS EXTREMELY CLOSE TO GOING INTO OVERSOLD TERRITORY. THE COMPANY THEY BOUGHT HAS PEOPLE FROM THE...
THE MAIN REASON TO WHY THE STOCK FEEL MORE THEN EXPECTED WAS BECAUSE EARNINGS DID NOT BEAT LAST YEARS BUT THEY ARE STILL POSITIVE. THEY ARE A PROFITABLE COMPANY BASED ON THEIR FINANCIAL STATEMENTS, CASH FLOWS, AND BALANCE SHEET. INDICATORS: RSI: IT IS AT 34, WHICH IS REALLY LOW AND IS HEADED UPWARDS SINCE IT WAS AN OVERREACTION. THE COMPANY WILL EASILY GO BACK...
ANTM has established support at $284 and if you look at the graph. Each green line shows a support level. The first resistance level is at $294. If it breaks the resistance level then it will easily pass $300. The technical analysis pattern is a BULL FLAG and is trending upwards. It's most recent support level is at $284. Volume is staring to increase which makes...
The trend should continue based on the technical analysis performed. Catalyst thus far are positive which drive the stock's price upwards. The next level of resistance is @ $326 .
TDD looks to continue its trend upwards. Right before earnings the stock trends upwards based on past performance.
The stock should continue to push upwards. I used Bloomberg's charting software.
If support levels don't break based on technical analysis then its a good buying opportunity since the reversal should be expected.
If it holds support then it should trend upwards. There is a flag pattern and it broke it therefore it may be concluded it should now trend upwards. In the short term there is room for growth which may provide positive realized gains.