We can observe from the chart that there is a support at the price of around $14.35, especially from the wicks. There seems to always be a buying pressure to push the price up to the support whenever price falls below the support level. However the Stoch RSI is indicating the price could still drop further. I would observe for the day first before taking a position.
We are seeing an uptrend of this stock and it could be heading to a higher level of support around the price of $11.44. The previous support was at $10.00. Setting the risk/reward with a 5% risk, we can see a 5% drop from the entry price of $11.44 to be at $10.87, which is a month ago. The Stoch RSI is showing the stock to be quite oversold so it is less probable...
After a price rejection yet again at the 52 week high at the $243.60 range in May, we see a sell off and now the price is being supported at $219.40. It could also be shorts covering that is forming the consolidation. Stock is also oversold, according to the Stoch RSI. This could be a good entry point to go long and test the 52 week resistance again.
After a strong price rejection at the $10.00 mark and an offering, prices have plunged greatly and now it is sitting at the $6.50 to $6.70 range. It has been a support for the past week. The stock is currently oversold and looking at the risk/reward, 5% drop in price seems to be unlikely so this got be a good buy in point.
We see other precious metals stocks like GOLD and NEM falling and breaking supports after hitting 52 week high. Now will $37.75 be able to hold for WPM?
There is a clear support at around $2.75 for over a month now. With the stock being oversold, according to the Stoch RSI, this could be an entry point for a swing.
After a large selloff when it hit the 52 week high 2 weeks ago, we are now looking approaching the support at $47.50. Assessing the risk/reward and the stock being oversold according to the Stoch RSI, price around $47.50 seems to be a good price to buy, hoping for a rebound.
In the past 10 days or so, we see a huge selloff of this stock after it hit the 52 week high, with large gap downs breaking support after support. The next support would be at $51.15 and we shall see if it holds.
This stock is sitting on support of around $16.50 to $16.60 area. This would be a good price for a long entry. Looking at the risk/reward ratio, it seems to be quite safe to risk 5%, since the last time $15.64 was hit was more than a month ago. Furthermore, according to the Stoch RSI, the stock is currently oversold, which made any further dip quite unlikely....
Support at around $4.30. Target price is $5. According to Stoch RSI, stock is quite oversold. Could be a good price to get in. Seems like people are waiting for news to be released for it to run.
According to the Stoch RSI we can see that this stock is currently oversold and it does look like $5.78 is the support. This could be an entry for a swing.
I have noticed a support at the $31.50 to $32.00 range. Assessing the risk reward ratio any price below $32 would be a good buy. Also, from the Stoch RSI we can see that the stock is currently under sold so perhaps we can expect a reversal.
I have been following AYTU for a while and if you do a little read up you will find that this company has lots of products in their pipeline, especially for the Covid19 pandemic. Over the past few months the company has been releasing news of its products and its share price has surged rapidly breaking $1 and reaching as high as almost $3. While we wait for...
We can identify $2.76 as the support and assessing the risks of a 5% loss, and the fact that the stock is being oversold, it is in an ideal condition to make an entry. Target price is about $3.17 to close the gap and hopefully it can break through to reach higher prices.
We can see that $1.12 has been a support for VBLT for the past few months, except for in December 2019 where they reported negative earnings and March 2020 where we all know was the panic sell of the Covid19. According to Stoch RSI it is also currently very oversold.
We have seen for the past week that there seems to be a consolidation going on with $1.56 ~ $1.58 acting as the support. The Stoch RSI also shows that the stock is currently oversold. It looks like the stock has really reached it's bottom and a reversal is coming. This is a good time to buy.
With Macy's expecting to report massive loss, we see the price of the stock falling back towards its support of $4.80. $5 might look like a support too but seeing how often it dipped to $4.80 in the past 1 month, I think it is too risky to buy in at $5. If Macy's continues to fall I would wait to see if $4.80 is being supported.
