Morning Stock Analysis

$JZXN $RDBX $ATER Morning Stock Analysis 04/26/2022

$JZXN $RDBX $ATER all made moves on 04/26/2022. Here is an analysis of the stock price action.
Published: 04/26/2022 8:37 am
Updated: 04/26/2022 8:41 am
#jzxn #rdbx #ater #stocks #stock review #stock price analysis #stock market #investing
April 2022 | Money Placement

Below is an analysis of the stock price action for Jiuzi Holdings (JZXN), Redbox (RDBX), Aterian (ATER). You can find a recap table at the end of the page. The content on this page is not financial advice, but is for educational purposes only and merely cites our own personal opinions. You can find the full disclaimer here.

Jiuzi Holdings (JZXN)

JZXN gapped up on some news, making a move from the 1.25 range up to the 2.50 range. It consolidated around 2.4 which was a level previously established on the daily, but it could not hold. Volume decreased and once it broke 2.4, the made a large retracement back below 2. There are not many levels between 2 and 2.4 so it will need to see more volume, a break of 2, and a break of VWAP for any explosive moves to the upside. If it can't hold 1.85 it might fade down further.

Shares: 10-25milCatalyst: Positive Company NewsATR: 0.10 - 0.25Time Frame: 1 Minute
JZXN Daily Chart

Redbox (RDBX)

RDBX is making an explosive move to the upside after the CFO is set to step down. On the daily it has room to the upside to the 5.25 level, but will need to see a lot of volume on the open and a push past 4.75. A break down pat 4.20 might lead to a further retracement towards 4.

Shares: 10-25milCatalyst: ContinuationATR: 0.50 - 1.00Time Frame: 1 Minute
RDBX Daily Chart

Aterian (ATER)

ATER is continuing a move to the upside after a squeeze late yesterday afternoon. It has a long way to go on the upside for any explosive moves. Without a catalyst it might not see the volume necessary to get up to 6. If it can't hold the 5.25 level, which was an important level from a few days ago, there's a chance it will retrace further down to 5.

Shares: 50-100milCatalyst: TechnicalATR: 0.50 - 1.00Time Frame: 1 Minute
ATER Daily Chart

Recap

JZXNRDBXATER
Shares: 10-25milCatalyst: Positive Company NewsATR: 0.10 - 0.25Time Frame: 1 MinuteShares: 10-25milCatalyst: ContinuationATR: 0.50 - 1.00Time Frame: 1 MinuteShares: 50-100milCatalyst: TechnicalATR: 0.50 - 1.00Time Frame: 1 Minute