Our mission is to help you obtain financial freedom. Checkout Our Youtube Channel Checkout Our Youtube Channel
Blog

Bullish Gap and Selloff for HOLO

Written By: ChartChamp

August 20, 2024

HOLO had a very impressive 100% rally yesterday, climbing as high as $0.69 during post-market hours. Today HOLO is opening with a bullish gap higher, and I think we are likely to see some type of correction. I have $0.41 – $0.4343 as a key support zone to monitor, and $0.77 as a key resistance level on the way up. HOLO is trading somewhere in the midrange here, and I’m curious to see if this momentum continues today. Keep in mind that HOLO has not experienced two consecutive green days in a long time. HOLO is facing some resistance at the yellow trendline around $0.54. This is another key resistance level to monitor, HOLO needs to break $0.54 to trend up higher.

Follow me on social media: https://linktr.ee/realchartchamp

0 Comments
Inline Feedbacks
View all comments

More ClearValue Insights

Default Thumbnail

QQQ Likely to Test the Yellow Trendline

QQQ has essentially moved sideways since Sept. 6, and is likely to start trending up to the yellow trendline. The yellow line is sloped downward and decreases over time so the longer it takes the lower the price target will be. For now $466.30 is a realistic target for QQQ to reach over the next […]

Read More
Default Thumbnail

Slow Progress to the Upside for NVDA

NVDA has been gradually rising over time, and is now trading near $109. I think NVDA will influence the direction of the stock market. For now there is volatility with wicks in both direction, and the price action is still neutral but slightly bullish. The narrative is that the stock market is having a negative […]

Read More
Default Thumbnail

VIX Trading Near Resistance

The VIX is trending up today with 9%+ gains, but is still trading near a key $21.81 resistance line. I would monitor for a break or rejection at $21.81. I think the Presidential election brings a lot of uncertainty in the markets, which leads to volatility and a rise in the VIX. If the VIX […]

Read More
Default Thumbnail

QQQ Likely to Test the Yellow Trendline

QQQ has essentially moved sideways since Sept. 6, and is likely to start trending up to the yellow trendline. The yellow line is sloped downward and decreases over time so the longer it takes the lower the price target will be. For now $466.30 is a realistic target for QQQ to reach over the next […]

Read More
Default Thumbnail

Slow Progress to the Upside for NVDA

NVDA has been gradually rising over time, and is now trading near $109. I think NVDA will influence the direction of the stock market. For now there is volatility with wicks in both direction, and the price action is still neutral but slightly bullish. The narrative is that the stock market is having a negative […]

Read More
Default Thumbnail

VIX Trading Near Resistance

The VIX is trending up today with 9%+ gains, but is still trading near a key $21.81 resistance line. I would monitor for a break or rejection at $21.81. I think the Presidential election brings a lot of uncertainty in the markets, which leads to volatility and a rise in the VIX. If the VIX […]

Read More