Due to technical, fundamental, and recent catalysts, I may not exaggerate it. It is possible but may linger slightly to the downside before the end of August.
Played it to the upper 160s from the 140s, now looking for signs of a reversal and seeing plenty of those, including overbought resistance levels.
With the continued momentum here and current conditions, this could easily pop back up but showing signs of slow down.
After its huge run back up from the tech sector retrace, has slowed down since and could either make a new high or test its patience by allowing for more resources. On the downside for me.
This seems to be on par for a slowdown and a possible reversal, I do see two forming head & shoulder patterns as a key indicator, amongst many others.
Very oversold but continues to make newer highs and does not seem to budge; the drop is imminent to create a way for another run.
This stock moves a lot and is moving on the upside, but many indicators suggest this could be changing.
It has a reversal doji, but we have seen these as a slight retrace before continuation, with oversold levels; I would like room for a halt on or just beneath the support line.
It has been on a very exciting run in the past few weeks, looking for a higher area of new highs; otherwise, the top could be in, denying it a further run.
Bearish as it seems to be correcting itself, it may lose a little speed, but it might be short-lived pertaining to current market conditions.
Crossover MACD, reset indicators finding ways to grow, and markets bullish sentiment could continue to move northwards.
Very turbulent, volatile, and changes price action, still room to run on the oscillators, crossover on EMA 100/200 and bullish sentiment.
If it breaks the last high, we have a very bullish sentiment; the chart screams for another flush, creating a much-needed correction and breathing room. However, this could be huge with current market conditions and the upcoming Jackson Hole meeting. If this doesn't break 155 convincingly, we see many key areas to support.
Moving up this could be the moment of truth after the earnings were good this Q, I am optimistic, but continued to monitor this.
Can it break the trendline which has served it for 8 years, or continue the bounce-back opportunity that it has in the past?
Based on the current sentiment on this stock I would like to see it go down, to see potential of an outbreak.
If history repeats, then we should be seeing a reversal soon, but we should keep a close eye on this.
The candle that I am looking for hasn't seemed to given me confidence, but oversold levels at this point.