I'm posting this to test my hypothesis for my own learning when it comes to charts and as a follow up to the previous idea I posted called 'UKG Bottomed out.' This is not, in any form, financial advice.
UKG has formed a very obvious chart pattern. Because the trend has gone bullish, it is expected that the next move will be toward the upside within the next...
Since the bottom, $UKG has followed a move up through the classic Fibonacci levels and has resulted in a bullish pennant. If the technical analysis is correct on this chart, $UKG has consolidated in this area because of the resistance at the next Fibonacci level but is expected to break through very soon because of the consolidation into a bullish pennant pattern....
A long view of UKG on the daily timeframe shows that it has bottomed out. The market cap is very low which provides an opportunity for exponential growth once bulls takeover. There are two fundamentals that could provide new money into UKG and that is 1) Unikrn recently launched new updates and will likely be doing the circuits of financial shows which will bring...
Looking at the previous support levels and breakouts that were around $9600, you can see that we have tested this area a couple times before. If we remain above here, I believe alts will continue toward a higher trajectory, if we break below this level, then I expect us to test the previous support level that was around $8,263 which I suspect will also pull alts...
