I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
This is in supplement to my previous post on HIVE. I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
MY REASONS TO BUY: 1. OVERSOLD on Weekly and daily 2. Bull Div on Daily 3. Long-term support 4. Falling wedge I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
From my last chart, here's what has changed: 1. Bull div on Daily 2. Different harmonic with more upside 3. Near Apex of falling wedge What hasn't changed is that we're still inside the falling wedge and holding support nicely, I believe it is ready to pop soon.
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
This is more of a mid-term analysis, long-term I have previously shared on Monthly chart, my view on it is BULLISH longterm. I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
It does look good on Weekly and has some nice bull div but it needs to gains the blue MA as support before we can make a move up to the target and that would likely be my entry. It does seem to have flipped resistance into support as suggested by the blue line but if we get a break down from here, the green line would be my entry. So for me, either gaining the MA...
To wait for a safe entry, wait for it to break out of the falling wedge, there will still be plenty of room up. It is looking good but the play needs confirmation which would be upon breakout and retest. I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!