Although a good stock to add to the watchlist, it is currently overpriced.
I would like to see this get below the 80MA which according to the Williams% chart, tends to be when the stock is oversold.
HUBS currently needs a lot of movement to get down to the 80MA, set alarm up crossing the $200 and watch daily from there moving forward.
The green area is an up trending resistance zone which has been recently tested, will it breakthrough the resistance?
There's a good chance it will however I'm hoping for a correction, where speculators can potentially buy in around the $225 mark.
I personally won't but I don't like to speculate or take the riskier approach.
I would like to see this get below the 80MA which according to the Williams% chart, tends to be when the stock is oversold.
HUBS currently needs a lot of movement to get down to the 80MA, set alarm up crossing the $200 and watch daily from there moving forward.
The green area is an up trending resistance zone which has been recently tested, will it breakthrough the resistance?
There's a good chance it will however I'm hoping for a correction, where speculators can potentially buy in around the $225 mark.
I personally won't but I don't like to speculate or take the riskier approach.
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.