Thread by @malteseinvest

Analysis: #NASDAQ $AIKI

Case 408 #AIkido Pharma Inc.

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

#AIKI 1/5

Chart 1
Daily Chart: Price needs to break above Apr. 2020 #trendline resistance then close/hold above 1.40 for upside #momentum. A close above 2.44 is required to target synthetic #resistance at 3.62, then 5.21. To .....

AIKI 2/5

..... the downside a #support zone of 0.94/75 exists. A close below 0.48 could see the price target 0.29.

AIKI 3/5

Chart 2
4 Hour Chart: Price has closed below the #SMA 50 and appears to be targeting the #confluence of support of the SMA 20 and #Fib. 0.786 at 0.98. Further down Apr. 2020 trendline support at 0.84. A close/hold below 0.48 could target synthetic .....

AIKI 4/5

..... support sloping at 0.29.

The #Strategy is printed on the image.

$AIKI 5/5

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