Can NVTA reverse and rise?
NVTA on the daily chart is in deep undervalued territory at the third lower Bollinger Band.
It put in a green engulfing candle after a Doji candle. The TTM squeeze indicator fired
a trigger while the lower TF RS line is about to cross the higer TF line and the 50 level.
The MACD lines crossed while under the histogram which is a low amplitude green.
The two most recent earnings reports were beats. Price ran 50% in late April and 60%
in early July, I believe that another run is now possible for this long trade setup. Penny stocks
like this have the ability to build momentum and upward volatility quickly.
It put in a green engulfing candle after a Doji candle. The TTM squeeze indicator fired
a trigger while the lower TF RS line is about to cross the higer TF line and the 50 level.
The MACD lines crossed while under the histogram which is a low amplitude green.
The two most recent earnings reports were beats. Price ran 50% in late April and 60%
in early July, I believe that another run is now possible for this long trade setup. Penny stocks
like this have the ability to build momentum and upward volatility quickly.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.