Long
Can NVTA reverse and rise?
NVTA on the daily chart is in deep undervalued territory at the third lower Bollinger Band.
It put in a green engulfing candle after a Doji candle. The TTM squeeze indicator fired
a trigger while the lower TF RS line is about to cross the higer TF line and the 50 level.
The MACD lines crossed while under the histogram which is a low amplitude green.
The two most recent earnings reports were beats. Price ran 50% in late April and 60%
in early July, I believe that another run is now possible for this long trade setup. Penny stocks
like this have the ability to build momentum and upward volatility quickly.
It put in a green engulfing candle after a Doji candle. The TTM squeeze indicator fired
a trigger while the lower TF RS line is about to cross the higer TF line and the 50 level.
The MACD lines crossed while under the histogram which is a low amplitude green.
The two most recent earnings reports were beats. Price ran 50% in late April and 60%
in early July, I believe that another run is now possible for this long trade setup. Penny stocks
like this have the ability to build momentum and upward volatility quickly.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.