Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

HOW HIGH WILL THIS THING GO?

I was trying to figure out a real reason why this ticker symbol was skyrocketing right before close and after hours. I couldn't find any reason. So I can only go off the technical levels to see where this thing could possibly go to the upside or downside.
I am watching these levels in the chart directly below. This is where I'm watching for a bounce higher or a breakdown to a lower support. If I see investors starting to buy in at these levels then I will be buying as well for a quick scalp trade. And this one will be moving very fast as you could see how fast it moved after hours. It be difficult to set stop losses in time with something moving so fast sometimes so be careful.
HOW HIGH WILL THIS THING GO?
In the chart directly below I've circled a previous high from last January which was coincidentally the high from after hours. If we do break above the high from after hours then I've circled in another previous high within the blue circle. That would be my next price target if we do climb higher. Although after a 200% run up after hours I find it difficult to believe that this thing will climb that high but we have seen crazier things happen.
HOW HIGH WILL THIS THING GO?
Interesting to note the long-term Fibonacci levels are still valid with this past price action as well as with the price action during the rally that happened after hours. I just thought I would include that because Fibonacci levels are legitimate drawing tool.
HOW HIGH WILL THIS THING GO?
I'm going out on a limb here but if the price does indeed climb higher then that price Target mentioned above and here are a few more highs that it could possibly reach but I would highly doubt it.
HOW HIGH WILL THIS THING GO?
HOW HIGH WILL THIS THING GO?
HOW HIGH WILL THIS THING GO?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
8
+0
5
Translate
Report
22K Views
Comment
Sign in to post a comment
Trade the trends via technical, fundamental, and macro analysis. Day Trades, swing trades, and long-term investments.
17KFollowers
2960Following
30KVisitors
Follow