Analysis: #NYSE $FSLY

Case 503 #Fastly Inc. - REVISITED

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

#FSLY 1/4
Chart 1
Weekly Chart: #Resistance at the Aug. 20.19 #trendline has proved formidable and the inability to close above control at 131.59 is weighing on price. The May 2020 has already cracked and is now targeting the Aug. 2020 #pivot at 74.96 with .....

FSLY 2/4
..... the #Fib. 0.50 at 73.57. Buying interest is noted around the zone 68.85- 53.80 whilst synthetic #support is sloping at 56.93 (Monday 19th).

FSLY 3/4
Chart 2
Daily Chart: The #SMA 200 is currently at 53.01 and farther down below the Fib. 0.786 at 3.57 with the Sept. 2019 pivot at 33.81. The SL is on close.

The #Strategy is printed on the image.

$FSLY 4/4

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More from @malteseinvest

13 Oct
Analysis: #NASDAQ $GRPN

Case 501 #Groupon Inc.- REVISITED

Requested by: @ITSDP3

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

#GRPN 1/4
Chart 1
Weekly Chart: The May 2020 analysis yielded no results due to the split. Price is grinding lower towards the Mar. 2020 #trendline with buying interest noted at 17.87- 15.69, below that balance at 13.19 and farther .....

GRPN 2/4
..... down synthetic #support at 6.49. To the upside, immediate #resistance at the #pivot 25.77 then balance at 34.79 with control at 38.31 - a close/hold above targets #Fib. 0.786 at 51.73.

GRPN 3/4
Read 4 tweets
8 Oct
Analysis: #NASDAQ $NFLX

Case 500 #Netflix Inc. - REVISITED

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

#NFLX 1/4
Chart 1
Weekly Chart: The Oct. 2019 analysis yielded #profits on our short position. For the last 3 months the price has been unable to close above synthetic #resistance and has since traded lower finding support at the .....

NFLX 2/4
..... May 2020 #trendline A close below targets dual balance at 460.60 and possibly #pivot at 454.19 with #Fib. 0.382 at 451.59. Farther down strong #support between 415.27- 393.52.

NFLX 3/4
Read 4 tweets
8 Oct
Analysis: #NASDAQ $MSFT

Case 499 #Microsoft Corporation - REVISITED

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

#MSFT 1/5
Chart 1
Weekly Chart: Although the Oct. 2019 analysis proved correct, we eventually took no position. Price has stalled beneath a series of resistances and is currently trading below synthetic #resistance sloping at 212.10 with a close above targeting .....

MSFT 2/5
..... control/#pivot at 221.17. Farther up balance at 235.89, then another synthetic at 242.68 and the main objective 247.54 where we expect profit taking and selling interest.

MSfT 3/5
Read 5 tweets
7 Oct
Analysis: #NASDAQ

Case 498 #Microbot Medical Inc.

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

#MBOT 1/4 Image
Chart 1
Attachment 1
Weekly Chart: Holding up well - a break above the Dec. 2019 #trendline is required with a close/hold above balance point at 14.04 targeting Jan. 2019 trendline sloping at 20.93 (some profit taking expected here). A close above would .....

MBOT 2/4
..... target the first synthetic #resistance 32.49 then 41.54. To the downside, support at the Dec. 2018 trendline at 5.75 with the #Fib. 0.786 at 5.23. Farther down 2 control levels at 3.68 and 1.70, with the all time low at 1.38.

MBOT 3/4 Image
Read 4 tweets
7 Oct
Analysis: #NASDAQ $CLSK

Case 497 #CleanSpark Inc.

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

#CLSK 1/4
Chart 1
Weekly Chart: A good reaction off the all time lows as a base appears to have formed, however, it's still too early to confirm. The clean break above the Nov. 2019 #pivot adds to the #bullish tone and the current objectives are 17.28 and 20.67 (the .....

CLSK 2/4
..... #SMA 200 at 21.07). A balance point at 26.43 is positioned above the June 2018 #trendline - a close above targets 34.50. #Support begins at the July 2020 trendline.

CLSK 3/4
Read 4 tweets
6 Oct
Analysis: #NASDAQ $YY

Case 496 #JOYY Inc. - REVISITED

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

#YY 1/4
Chart 1
Weekly Chart: All profits were taken on the May 19, 2020 analysis, assume position flat. June's up move stalled beneath the #Fib. 0.382 and has been trading in a $28 range ever since. Synthetic #resistance at 96.70 is formidable with control at 98.17 - a .....

YY 2/4
..... close/hold above the latter sees price running into minor resistance 101.07- 109.27 with a close above targeting 123.76. Support begins at the Mar. 2020 #trendline with the #SMA 200 attracting buyers. Below we note major #support into 71.40- 62.00.

YY 3/4
Read 4 tweets

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