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Foresight Autonomous Holdings LtdForesight Autonomous Holdings LtdForesight Autonomous Holdings Ltd

Foresight Autonomous Holdings Ltd

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Expecting a run-up in the New Year, like last year.It seems like there is a cycle of around 12 months with a margin of error of 1 month when there is the beginning or end of a major move. We are resting on the diagonal dotted white line as well as the bull flag support. We are currently trending down with the bullflag resistance, but one this breaks out it will go out hard. The way I drew the bottom curve was having the beginning and middle point touch and had positioned the end point so that the curve followed the trend, I did not just draw all three points on the chart then extend the right side of it as I think this is a better technique to get the proper shape of the trend. Also, it matches up with being a bottom here! I have 3300 shares at $1.81 and will get out at $10.88. I believe it is going to $12 though. Interestingly this has been trading similarly to TLRY for the past two years. I think we got a daily reversal candle on 12/29, also next week will be a new week for new green candles. Also, there were an even amount of monthly candles from the high to now with a distance of about 4 points each way not counting the upper wicks. Any idea why? Feel free to comment!
NASDAQ:FRSXLong
by ChargingBull
4
$FRSX is gonna fall todayPupm&Dump trading strategy idea. $FRSX is rising too much today. The demand for shares of the company looks lower than the supply. This and other conditions can cause a fall in the share price today. So I opened a short position from $3,97; stop-loss — $4,15; take-profit — $3,63. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!
NASDAQ:FRSXShort
by KozakHlib
FRSX Prediction. Daily chart on FRSX is looking okay. Today i am seeing green on my portfolio for the first time in weeks. Look at how this stock went up with those 2 bullish flags, and how it slowly went down in the past few weeks. RSI is starting to head up while the MACD is in the red but wants to turn green. Hoping that we have found the bottom i can see this go back up to previous highs maybe even reach new highs. There was some news about FRSX teaming up with another company to enhance there project. Hoping we can start to see some green.
NASDAQ:FRSXLong
by Dc1392
Why $FRSX stock exploded from December?2 Catalysts drove the price higher: 1. Foresight: Rail Vision Enters Electrically Powered Light Rail Vehicle Multi-Billion Dollar Market with Order from Knorr-Bremse. Rail Vision will supply two light rail vehicle system samples and will begin the system industrialization project for a total of 400,000 Euro Knorr-Bremse, a $17-billion European-based group, recently invested $10 million in Rail Vision. finance.yahoo.com 2. Foresight: Eye-Net Initiates Pilot Project with a Top Global Vehicle Manufacturer. The pilot will be conducted with the intelligent transport system division of a Japanese vehicle manufacturer. will begin a pilot project with the intelligent transport system division of a multi-billion-dollar global Japanese vehicle manufacturer to test its Eye-Net™ Protect cellular-based V2X (vehicle-to-everything) accident prevention solution. finance.yahoo.com
NASDAQ:FRSX
by AlenCiken
4
FRSX - Bought the DipFRSX first broke out of a 2.5 year base resistence @ $2.96 on 22 December last year and began a parabolic move that saw it's price more than tripled in just one month. Profit taking that began 2 days ago after hitting a hight of 11.22 brought it down to 8.05 today (briefly breaching the 38% fibonacci retracement level) before appearing to find support. Consolidations has been on smaller volumes which is a sign that most of the bulls are still holding on to this stock. I longed the dipped @ about 8.20 today, but considering the high volatility of penny stocks, I shall have my intial stop loss placed slightly below the 50% fib retracement level @ 7.49. This stock has a LAST resistence @ 11.70. A close above this level eventually will improve it's odds of a sustainable trend once it gets into All-Time-High. Let's see if it plays out! Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
NASDAQ:FRSXLong
by Juliac