themoneyman80

themoneyman80

With everything oversold, sentiment neutral, indicators one-sided, and a correction, many things that could make this a go down 10-15%

themoneyman80

After canceling the event till the end of the year, the catalyst was not looking good. It is going to be bearish for a while, with two potential spots for the long term: the bottom box in the 70 and then the fibs in 80.

themoneyman80

Indicators are oversold, with earnings not too far this month. A few analysts have kept buying, maintaining, and holding ratings. No catalyst setting in, the medicare news scared a few, but don't think it results in much more of a more significant decline. The white box is a primary driver, which we should see picking up by another 20% minimally

themoneyman80

Other indicators, such as no sign of a reversal, follow the downward trend. Catalyst is still out there on the short, not necessarily to do directly with the company. Might see closer to the lows of last year, of course, post-split being upper 20-mid 30. Until that happens, it's bearish.

themoneyman80

As resistance has been a solid wall that has yet to be broken on numerous attempts, it seems to have broken down again after selling pressure.

themoneyman80

With indicators reset, oversold, more conservative approach, and more caution, I like the bullish sentiment here.

themoneyman80

The Bollinger is curving, and a squeeze indicator has not been triggered yet, but with an MA crossover and other bullish territories, this could see a major incoming shift on the bull's side.

themoneyman80

It has been symmetrical for a while and looks poised to break out. It did get a candle for reversal as well, so it is short-term bearish.

themoneyman80

The high side is 290 with another monthly candle, the same size as the previous one. Catalyst has put this into a new trend, which, compared to indicators, could fluctuate in the short term but could recover in the long term.

themoneyman80

Technically, it has been swinging with bullish sentiment with a bearish retrace and a continuation of bullish sentiment until you take a look at every angle. Granted, this could be consolidation before the next breakout. I see a wedge, symmetrical, moving averages in an uptrend. Short-term on the daily green box in the 95-105 region if it is a long wick.

themoneyman80

With the catalyst and the selloff from market conditions, this is poised to break 364 and fill the gap; we may see it consolidate around here before another big move up.

themoneyman80

With indicators screaming for a run-up before a better earnings report than the last one, this gives us a better perspective on whether the company can turn around results. However, I wouldn't be so confident if it continues declining below 120.

themoneyman80

The Sideway channel is working so far, as the ticker is establishing itself, making a new high, filling gaps, and continuing bullish sentiment to set the bar.

themoneyman80

As the stock pushed to break away, it ended below the resistance line. There is still room to run, but price action has recently slowed down.

themoneyman80

No indication of a reversal, with good fundamentals, guidance, and work on growth. I don't think the catalyst of being turned down by Intel will have much impact; waiting for a sign to retrace.

themoneyman80

Momentum continues, with new highs and a catalyst of license in Mexico; with positive news and continuation patterns, we could see another breakout in formation.

themoneyman80

We still see room for growth, with good fundamentals but not much catalyst other than partnerships; the lower highs and higher lows are coming to fruition. They could hit the ceiling and continue in the same format and pattern, or a breakout could be pursued. In the short term, it is bullish to the yellow box.

themoneyman80

Trend the same, but after the catalyst of earnings, we could see a retrace of around 5% or more based on previous data. Technicals are heading down towards this area. Trend has not changed in the short term looks like a correction but also a continuation of the current trends in the long term.