*investment opportunity*
On the above monthly chart 7 years of price action resistance comes to an end following an oversold condition (orange column) with price action breakout. There now exists a number of reasons to be bullish on AYRO, they include:
1) Regular bullish divergence. Price action made lower lows as the oscillators made higher highs - very bullish.
2) Together with point (1) volume is accumulating. Someone knows something I don’t!
3) On the 6-month chart (below) there is a large ‘morning star’ candle with bullish engulfing candle confirmation. Very bullish on this scale making a trend reversal highly probable.
4) Lastly on the weekly chart (below) we have the 21-week (yellow) moving average crossing up the 50-week (Green) moving average. Been over 14 years since that happened.
Institutions such Blackrock, amongst others, make up for 3% of the shareholders of this stock.
A buy from $4.25 is excellent.
Weekly chart:
6-month chart:
On the above monthly chart 7 years of price action resistance comes to an end following an oversold condition (orange column) with price action breakout. There now exists a number of reasons to be bullish on AYRO, they include:
1) Regular bullish divergence. Price action made lower lows as the oscillators made higher highs - very bullish.
2) Together with point (1) volume is accumulating. Someone knows something I don’t!
3) On the 6-month chart (below) there is a large ‘morning star’ candle with bullish engulfing candle confirmation. Very bullish on this scale making a trend reversal highly probable.
4) Lastly on the weekly chart (below) we have the 21-week (yellow) moving average crossing up the 50-week (Green) moving average. Been over 14 years since that happened.
Institutions such Blackrock, amongst others, make up for 3% of the shareholders of this stock.
A buy from $4.25 is excellent.
Weekly chart:
6-month chart:
تم فتح الصفقة:
50% in 24 hours ?!
تم فتح الصفقة:
Good long entry point as price action lands on the golden ratio.
تم فتح الصفقة:
RSI returns to strong support (purple circles) on the 10-day chart - look left.
تم فتح الصفقة:
On the 2-week chart a dragonfly DOJI candle prints as stochastic RSI crosses up 20 (purple circle)
تعليق:
Just had an alarm go off on this one to inform me the downtrend in price action resistance is now broken. That's a positive.
BTC
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Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR