As you can see, it is at multi-year support and is in the process of bottoming. No fundamental news yet (except for JP Morgan's top sustainable pick) in the recent times. However, purely based on technicals, it apparently poised for an upside.
Call it what you will. I see both, a cup and handle and an inverse head and shoulder, the measured move, if it plays out, will be epic. Volatility will soar through the roof in next 2 months.
With no sell rating and 5 analysts sitting on sidelines with HOLD, it is only a matter of time before it gets upgraded. On every metric it is either NEUTRAL or BUY. A very conservative price target would be .618 FIB ~ $60.
It has broken above the trend line and I believe the stock has bottomed. Even though the price targets have been lowered, it will likely fill the gap in the golden pocket zone. Hence $103 by Feb 2025.
It has been in that triangle for almost 2 years now. Tagged the bottom of the triangle multiple times and could break upward out of the triangle. And RFK jr. policies favor this.
Broke above the trend spanning across 30 months. It is, right now, just below the 50 SMA. This is its 5th attempt to tag and break above 50 SMA. Next resistance at $15.
Broken out of the 20 months long channel on the weekly chart. Massive Golden cross forming in the near future. This is a high quality which has rarely disappointed in the past. Even without AI narrative this was a trusted company. This is definitely one of the AI play. ARK and Youtube analyst Sacha Yanshin like this stock (And Sacha is extremely picky).
And we could hit 4 year high. Given the positive news around cruises, $30 is achievable by year end.
We are right at the support line spanning across 5 years. With revenue beat and 682% upside (average price target), it looks like a safe buy. I hold stocks and April 2025 calls.
As you can see, after a long time it is rearing its head. However, there are plenty of resistance levels up ahead. I have been holding this is for a long time. fintel.io projects the price to be at $.44, a 220% increase.
Broke out exactly after 19 months. Coming back down to backtest the channel. Will it bounce at 50 DMA? It depends on what gold does. If Peter Schiff is right AND if their gold mines are worth their "salt", then we could see 21 cents.
We are still in the year long channel. It is about the test the 3rd bounce off of lower boundary of the channel. This is a stock with 1200% upside. At the time of writing, 3 analysts have a combined price target of $9.84. I hold, both, March 2025 calls and stocks.
We are out of the year long channel and just at the September 2023 resistance.
After an "yearful" of lower lows, we finally have a higher low.
Resistance $115.84. Earnings beat could help it break that strong resistance and shoot to $140. Potential Golden Cross could form in the near future.
Confluence of 1.414 of the Fib from March 2022 and 1.272 of the Fib from September 2022, along with the parallel channel pointing to a bottom of $4 by May, 2024.
Bouncing off of a 4.5 year long support line. Golden cross forming.
LUV broke out of its long term parallel channel and there is a possible 10% upside.