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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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Uranium Energy Corp. (NYSEAMEX:UEC) The stock has held support on its uptrend line since November with several tests. On Friday, it closed again above the 200-day SMA, signaling bullish momentum. In addition, the accumulation distribution line still rising it means accumulation (buying). The technical chart here says this could be the beginning of new leg up.
Possible Reversal on Uranium Resources, Inc.(NASDAQ: URRE). I have been following this technical chart for some time and the loss of momentum on the downside is signaling a possible reversal trend in the near future. Will watch to see if it can break this horizontal resistance line.
Active Network Inc (NYSE: ACTV) has started to bounce and broke out from a falling wedge pattern last week closing on Friday above the resistance of 4.8 level. It will need to break through the 20-day SMA to confirm a possible reversal here. The ADX is showing a possible positive cross, validating the positive sentiment of the MACD. On Watch.
Vonage Holdings Corp. (NYSE: VG) On my watch list for next week. 2.84 is the pivot here. If that breaks, we could see 3 quickly. The stock is trading above the major short-term SMA's and the MACD for the stock indicates a strong bullish signal. It's above the signal line and above 0.
US Airways Group, Inc. (NYSE: LCC) Might pause here but looking to add on any dip. LCC's recent volatility has been greater than normal according to the increased distance between the upper and lower Bollinger Bands. The stock is now touching its upper Bollinger Band, which could slow the stock price increase. If you're not long on stock, buying a pullback could be a good play to catch this.
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Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.
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Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.