Eyeing DAVA here after closing last week reclaiming its respective 50-day EMA. DAVA's been holding a massive falling wedge on both the daily and weekly timeframe. This is accompanied with its Bollinger bands squeezing on the weekly timeframe and a Bullish Cypher Harmonic Pattern as it heads into earnings. Additionally, on the daily timeframe DAVA is holding the same falling wedge, an ABCD harmonic pattern has formed, a MACD Golden Cross, and is sitting right on its 50-day EMA with the 100-day and 200-day starting to curl upwards. Bullish and will be looking for a breakout from this wedge (broader market conditions & earnings permitting)- Just some FIB levels along with some RSI-based supply and demand zones to keep an eye on in the meantime.
--See Below for Weekly Timeframe & Price Targets--
PT1- $79.54
PT2- $81.03
PT3- $86.76
PT4- $90.71+
--Weekly Timeframe--
https://www.tradingview.com/i/cYXrLByu/
- Falling Wedge
- Bollinger Bands Squeezing
- Bullish Cypher Harmonic Pattern
--See Below for Weekly Timeframe & Price Targets--
PT1- $79.54
PT2- $81.03
PT3- $86.76
PT4- $90.71+
--Weekly Timeframe--
https://www.tradingview.com/i/cYXrLByu/
- Falling Wedge
- Bollinger Bands Squeezing
- Bullish Cypher Harmonic Pattern
Nota
✅ PT1 & PT2 Reached
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.