short term reversal if it closes 29.18ish today. resistance 31ish, but once it's thru there 38% fib is above $32.
hey girl. that's why u can't trust them. nice going with qrvo. are u short this? becuz it could be setting up
for short term reversal. 29.18ish is a hammer cs outside the lower bb. granted the last one didn't confirm,
but it's really oversold here. hope ur having a good one.
here are the numbers:
top line 113.8M
bottom line -191k
they missed their own forecast & guided MWs lower to 878-898 instead of 920-1k
down roughly 17% after missing earnings.
if 24-25ish doesn't hold tomorrow, it could see the 127.2 ext at around 20ish.
but this used to be 90 so starting to look like a bargain lol.
hi there, thanks. lower bb was 36ish & it bounced there as expected.
today's hammer needs confirmation, but i expect a short term reversal.
hey kandunn. see my other comments from this morning. this sometimes moves with oil
which is breaking down from the 43-44ish support area. it's hanging out at the neckline of
a h/s. if that neckline breaks, it's going back to retest aug lows near 38.
it usually goes into er in overbought territory hence the sell offs, but it's oversold now.
bear flag breaking down on daily. tgt 31ish, but lower bb 36ish.
morning kandunn, update is today. i'll post back later with it. i'll do the implied move as we get closer.
i answered ur questions re feye, etc......talk to u later.
long term support 47-50ish broke down back in august. remember there was a h/s.
short term, it's been moving sideways playing out an M. there's a gap up near 44ish
which is near the 38% fib retrace. if it can break 42-43ish resistance, that gap should fill.