Discover and read the best of Twitter Threads about #sma50

Most recents (3)

Analysis: #NYSE $CTST

Case 1101 #CannTrust Holdings Inc

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread 👇👇👇

#CTST 1/4
Chart 1
Weekly Chart: Although a low of 0.75 has been recorded followed by a rise to 1.34 we remain unconvinced that the worst is over and envisage possible downside probes towards 0.70/64 where we expect better buying interest.

#Resistances are loaded at the ....

CTST 2/4
..... top: #Fib, #pivot, broken TL support, #SMA50. Only a close above sloping TL 1.23 and then a close above 1.37 will convince.

A vacuum exits above 1.81 and a weekly close above targets 3.20/45. A close above 8.20 is required to remove the long term bearish bias.

CTST 3/4
Read 4 tweets
Analysis: #Cboe BZX $CRON

Case 59 #Cronus Group Inc

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread 👇👇👇

#CRON 1/4
A young stock with little data to go by making levels rather unreliable. The medium term is very #bearish.

CRON 2/4
Chart 1
Weekly Chart: #SMA50 & 20 pointing down. Immediate #pivot and channel resistances around 9.00/10. Temporary support found on monthly pivot @ 6.05. A close below 5.50 sees price drift lower towards 4.30.

CRON 3/4
Read 4 tweets
Analysis: #NASDAQ $WDC

Case 52 #WesternDigital Corporation

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread 👇👇👇

#WDC 1/5
Western Digital is bearish and heading lower towards $38 and possibly $33.90 to mark a new low for the year. However it is still #bullish in the long term.

WDC 2/5
Chart 1
Monthly Chart: The main #support and #resistance zones marked out. The #SMA50 acting as a resistance as price trades further away. Strong #trendline support at 23.00.

WDC 3/5
Read 5 tweets

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