All signs point to up for PLTR. We are in the early stages of wave 3. Nice breakout of the inverse H&S formation on heavy volume.
breaking out of bull flag triangle corrective wave 2.
Looks to have bottomed. Should hit 70s by New Years. 40%+ upside from current price
Looks like we are finishing up the first wave within a larger degree third wave. Very fun times ahead. 70+ by November-December
A break above $35 will bring on $43 very quickly. A break below $26 and it's likely we could see $21. I'm bullish.
One of the nicest setups out there right now. Won the battle at the volume shelf. Ascending triangle with advanced MACD breakout. Should steadily climb back up to retest ATH over the next couple months.
Currently in a Wave 2 pullback. Should bottom in the 28-29 region. This is a 1-2, 1-2 setup, so the next move to 40+ should be strong and violent. Hard to imagine price won't break 40 by the end of August.
Strong, sharp, bullish MFI divergence. Institutions have been accumulating throughout this consolidation period. Upside targets are $35, $40.
The setup is looking good for Fubo. The bottom held, as expected. Expect $ to start flowing into small caps from large caps. Will probably dip to 26-26.5 then rip tomorrow. 30+ before earnings and 40+ after.
WISH is showing MACD and RSI Divergences on the hourly chart. Russell 2000 is resting on the confluence of 6-month and 16-month support trend lines. Primed for a nice bounce next week.
IWM is sitting at the confluence of a 6-month support trend line and a 16-month support trend line. Daily RSI is at its lowest level since March 24, just one day after the stock market bottomed following the corona virus crash. Primed for a bounce.
On July 10th I called a bottom on Fubo when price struck $25.54. Since then, we have seen price dip as low as $24.60. However, I am still standing firm that Fubo has bottomed. As you can see there are key divergences in MACD and RSI, indicating that a shift in trend is about to take place. Also, the Russell 2000 is presently sitting on the confluence of a 6-month...
It looks like IWM is just beginning its Wave 3.
It appears that Fubo's second wave bottomed at about $25. There was a strong bounce, so I have reason to believe that may have been the bottom. However, we will need to see more follow through going into next week. A break of $35 will indicate that we are definitely in the heart of the 3rd wave. Price target for this third wave is $70-$90
It looks like Fubo is backtesting the breakout of a 6-month downward trend line. If the backtest occurs next week, it will likely take place right around $28. This also lines up with my wave count on the 15-min chart.
Looks like Fubo is ready begin its wave 5 pullback to 28
Bad News: Fubo is approximately 12% off of its recent high. Good News: I believe that the worst of this correction is over. I think that Fubo will set one more low around $30. Then I will be watching closely for a clean 5-wave move off of that low for confirmation that the bottom is in. RSI has formed a bullish ascending triangle pattern, so I expect eventual...
Fubo just completed a textbook 5-wave impulsive pattern off the lows. Very bullish. Now Fubo is due for a Wave 2 pullback that will likely terminate in the $25-$29 region. However, given how bullish Fubo has been lately, it may only be a shallow correction to about 30. Longterm price target is $130