This is just for kicks. I'm not a Technical Analysis.
I simply see the patterns in which my mind makes me want to see.
Analysis:
Lower resistance level at 12.50
Med resistance level at 13.53
High resistance level at 14.50
Bears want to push it down to the 12.50/
Meanwhile, the Bulls need to keep it above the 13.53 line to stay in control.
Bulls tested 14.50 4 times in the past 5 months. Can we break out after earnings, or will we fall below the 12.50
In conclusion.
I do see a break out of the 14.50 level based on how the CM_Sling Shot System cloud looks. I do see a fight from the bears as they try to pull us in between the green and red line.
Target $18-$20 Q2, $20-$30 Q3 , $30-$40 in Q4
I simply see the patterns in which my mind makes me want to see.
Analysis:
Lower resistance level at 12.50
Med resistance level at 13.53
High resistance level at 14.50
Bears want to push it down to the 12.50/
Meanwhile, the Bulls need to keep it above the 13.53 line to stay in control.
Bulls tested 14.50 4 times in the past 5 months. Can we break out after earnings, or will we fall below the 12.50
In conclusion.
I do see a break out of the 14.50 level based on how the CM_Sling Shot System cloud looks. I do see a fight from the bears as they try to pull us in between the green and red line.
Target $18-$20 Q2, $20-$30 Q3 , $30-$40 in Q4
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.