looking good for short term as well long term
Currently in Monthly and daily demand zone
Golden cross over formed
Highest market cap in education sector
PE ration 7 Vs industry PE 13 Undervalued
Share book value 15 undervalued
Invest only that much which you can afford to loose
I had given LONG signal at price 1805 (denoted by Blue Arrow) here . It's over 60% up since the signal.
There's high moon volume incoming in FET as seen since 5th candle after my signal.
The OBV and RSI are again getting higher lows. Plus there's rising sentiments over Twitter.
Advice: Don't sell BINANCE:FETBTC below 2200. Next target is 3500 ...
5 Steps that I follow , If I get any stocks which qualifies for the below critaria I go long
Step1: 5 Day Moving Average crosses 12 Day Moving Average from Below and the gap expands for next candle
Step2: Blue line crosses red line from below and the gap expands for next candle
Step3: Enter at any point in Next Candle or enter when prevous High is broken
All Indicators are positive. Inverse Head and shoulder pattern formed after breaking the neckline it ll confirm that pattern. Trend line breakout happened. All these factors will help to move further.
Targets are mentioned in Chart.
Weekly and daily MACD crossover, Low stoch in weekly chart are helps to move up further levels.(Trend lines are drawn from weekly chart)
147(Long) on closing basis
153(short term) on closing basis
Indicators are slowly turning to bullish trend. Already triangle breakout done, Macd crossover also going to happen so can expect the further upmove on this stock.
Mentioned in the graph