Trading Expectations (PHUN) For The Upcoming Trading Day Of Tuesday 16th
For the upcoming trading day on Tuesday, 16th we expect Phunware Inc. to open at $6.41, and during the day (based on 14 day Average True Range), to move between $5.38 and $6.39, which gives a possible trading interval of +/-$0.503 (+/-8.54%) up or down from last closing price. If Phunware Inc. takes out the full calculated possible swing range there will be an estimated 17.09% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $5.86 (0.42%) than the resistance at $6.30 (7.05%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance.
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- huuou·07-16Possible! [Grin] Great analysis [Applaud] [Love]LikeReport
- Maria_yy·07-16Good luck! [Applaud]LikeReport