SUMO appears to have bottomed at $16 and has now had a breakout of $21. All indicators shown are in the bullish zone.
SUMO appears to have bottomed at $16 and has now had a breakout of $21. All indicators shown are in the bullish zone.
DLPN has found a bottom at $8 for a low risk entry. The RSI and DI's are bullish, the stock is above both moving averages. One analyst has a target of $28.
https://www.youtube.com/watch?v=5F-sP_ABzig
Lumber Buy or Sell
Is lumber bearish or bullish
Looking at chart formations using technical analysis we can see that our initial view on lumber topping was correct, we now see the trend continuing downwards.
How much money would you have made buying and selling lumber at the right price and time using chart patterns?
Check the previous video to see my original call
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Biotech Stocks Ready to Explode
What sector is good for investing?
Today we look at the biotech sector as an investment opportunity, from a technical analysts perspective using stock chart patterns. This sector has pulled back from the highs and may have found strong support, giving us a good risk reward ratio opportunity.
we look at the charts of XBI and LABU, the latter being a 3X and therefor more risky but can also provide the trader / investor with greater capital gains.
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Hertz HTZGQ Stock Breakout, Bullish or Bearish
This video is for educational purposes only and should not be considered financial advice.
Hertz stockk, symbol HTZGQ is forming a coil pattern and we look at which way it may breakout using technical analysis.
We also review the opinions of the 2 analysts that are following this stock.
We should know very soon which way it will trade.
The $15 area seems to be the number to watch as the stock was at support there and has now hit resistance twice. With the stock above the 2 moving averages which are crossing, the RSI above 50 and the DI's in bullish zone everything is looking good here.