franz_william

franz_william Jul 24, 2024

APPS is about to complete a cup and handle formation. Confirmation at the break of $2.49. TP at $3.54. 🚀 Bullish signals supporting short term positive momentum of APPS: - Price broke the descending parallel channel - Price is above EMA 20 and EMA 50 - EMA 20 crossed EMA 50 upwards - RSI is very bullish but not in overbought territory - Higher highs and higher...

franz_william Updated  Dec 6, 2021

Whilst MATIC is currently in a downswing, it is still well within an ascending parallel channel (blue). The various EMAs confirm the bullish setup. Right now, MATIC is hitting a support zone (green horizontal rectangle). It might well hold. If it doesn't, MATIC will likely fall to the bottom border of the ascending parallel channel at around $1.65. If that holds...

franz_william Oct 20, 2021

On the weekly chart, ETH seems to be in the handle of a cup & handle formation. Volume is below average, as expected during this phase. If ETH rises to above $4000 and completes the handle, it has the potential to go all the way up to $6400 (with temporary resistances at $4400 and $4900), where it would also meet the 61.8% Fibonacci extension.

franz_william Sep 2, 2021

Daily chary: Entry point as the candle closes above the neckline at $136.23. Stop loss: $112.80 Take profit: $166.23 Risk/Reward Ratio: 1.28 Same pattern shows on the weekly chart. You could enter slightly earlier at $130 if you consider the main body of the head's candle instead of the top wick. Pattern negated if price drops outside of it.

franz_william Feb 12, 2021

CKPT has been in an upward trend since March last year and has recently broken out of a long negative trend, completing a cup pattern on the daily chart. I would expect it to perform a handle over the next few sessions to confirm the pattern, then continue its upward trajectory. The daily RSI is a bit too high for my liking, but it should come down to more...

franz_william Feb 12, 2021

Galmed just popped out of a downward trend that has been lasting several years. Galmed is an unprofitable micro cap ($94M) in the biotech space. It has less than $1M in revenue but it is showing strong revenue growth and is financially very healthy, so its fundamentals are strong and that's something that I personally like to see, even when I trade (should things...

franz_william Updated  Feb 10, 2021

ORTX has a few bullish signs that make me want to go long on it: - Broke out of a negative trend on 6th Jan - Golden Cross formation on 8th Jan (EMA 20 crossing EMA 100 in upward trend) - Currently forming the handle of the cup with handle pattern - Positive MACD on daily and weekly time frames On top of that, ORTX has strong fundamentals and growth - something...

franz_william Jan 14, 2021

HYLN is currently in a flat bottom formation. Once it breaks out of that I would expect it to enter a bullish trend and rise until the $27.86 resistance. - It found support on the EMA20, signalling the end of the downtrend - MACD is in positive territory - Daily RSI is rising steadily and just above 50, still far from overbought territory - Weekly RSI looks...

franz_william Jan 12, 2021

I believe ZYXI is ready to fly. - 3 months consolidation, consistently finding support around the $13 mark - Broke out of negative trendline on 16th December - Broke out of flat bottom on 6th January - Formed a cup (duration of nearly 2 months; around 13% depth) - Today it's completing the handle - RSI is consistently rising since 3rd November - Daily MACD is...