CYBN Beautiful swing & BUY signal from PSAR! THINGS must read!
1-CYBN has beautifully executed a SWING formation and the upward momentum continues to be in full swing. The technical structure suggests that the bullish phase is still active and has not shown any signs of exhaustion.
2-The 2-hour (2h) Parabolic SAR (PSAR) indicator has issued a clear BUY signal today. For those unfamiliar, the PSAR is a valuable tool for determining the direction of a stock's momentum, and a move to a buy position is often considered a bullish development.
3-The daily trading volumes this week have indicated a textbook CONSOLIDATION pattern. Such consolidations are typically seen as periods where the stock is gathering energy for its next move. Furthermore, the remarkably low turnover rate is a significant pointer. It's very likely that some big players are discreetly accumulating positions.
In summary, both technical and volume indicators suggest a positive outlook for this stock.
Potential investors might want to keep a close eye for any further bullish confirmations. Always remember to conduct your own due diligence before making investment decisions.
STAY TUNED! GAME IS NOT OVER JUST BEGINNING!
PERSONAL OPINION;NOT ADVICE
Disclaimer US Stock Exchange: Information pertaining to U.S. stocks presented here is solely for your knowledge and understanding. Any investment decisions based on this content should be approached with caution and are at your own risk. (For more information, please click the LINK)
The images|videos|gifs provided on this site are for informational and illustrative purposes only.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
🐋
Swing play
Short Squeeze
Based on my own TA&DD.
NOT ADVICE
197Followers
164Following
1360Visitors
Follow
151765095 : great info.. thanks for sharing