EVER’s Bullish Trend is Still in Play

And showing no signs of slowing down… June 26, 2020 UNSUBSCRIBE |ARCHIVE Facebook’s founder never saw this coming… When Facebook's mega-billionaire sat down before Congress on October 23rd... For over six hours of grueling testimony about his company’s plans for a digital currency called Libra… He surely never imagined that one of the panel’s top-ranking Republicans, Rep. James F. Hill of Arkansas, would be giving him incredibly lucrative advice. But he did — with a tip that could ultimately be worth millions to lots of regular American investors. Don’t worry if you missed it. Because you can get the same advice here, absolutely free — click to see. EVER's Bullish Trend is Still in Play Dear Chart Of The Day Reader, Yesterday, we looked at the Daily Price Chart and a MACD Chart for GDS Holdings Ltd. — noting that the stock’s MACD line was showing a ‘buy’ signal. Today’s Chart of the Day is a daily price chart for EverQuote Inc. (NASDAQ: EVER). EverQuote, Inc. operates an online marketplace for insurance shopping in the United States. Its online marketplace offers consumers shopping for auto, home and renters, life, health, and commercial insurance. The company serves carriers, agents, and indirect distributors and aggregators. The company was formerly known as AdHarmonics, Inc., and changed its name to EverQuote, Inc. Now, below is a Daily Price Chart with the 50-Day EMA and 100-Day EMA for EverQuote Inc. Back on May 7, the EVER 50-Day EMA (blue line) crossed above the 100-Day EMA (red line) indicating EVER was showing a ‘buy’ signal (circled). When the 50-Day Exponential Moving Average crosses above the 100-Day Exponential Moving Average, this indicates that the stock’s buying pressure has begun to outweigh the selling pressure signaling a ‘buy’ signal. When the 50-Day EMA crosses below the 100-Day EMA this indicates that the selling pressure has begun to outweigh the buying pressure signaling a ‘sell’ signal. In simpler terms: 50-Day EMA line Above 100-Day EMA = Buy signal 50 Day EMA line Below 100-Day EMA = Sell signal If you had purchased EVER shares when the 50-Day EMA crossed above the 100-Day EMA on May 7, 2019, when the stock was around $10.70, you’d be up 485.23% by now. Not a bad profit for a little over a yearlong hold of a major insurance marketplace company. Now, as you can see, the 50-Day EMA is still above the 100-Day EMA. That means the bullish trend is still in play! As long as the 50-Day EMA remains above the 100-Day EMA, the stock is more likely to keep trading at new highs in the coming days and weeks. We’ll be keeping our eye on this stock as it continues to trend upward. Best Regards, Chuck Hughes Editor, Chart Of The Day THE “SECRET” WHITE HOUSE MEETING THAT COULD GUARANTEE TRUMP’S REELECTION IN 2020 There were no official cameras… No official minutes were taken… No official record was made of the meeting at all. But we’ve uncovered what I believe was discussed at this meeting and the GAME-CHANGING impact it could have on the markets… Click here to discover how you could make a killing. If you are having trouble receiving your Chart Of The Day subscription, you can ensure its arrival in your mailbox by whitelisting Chart Of The Day. © 2020 by Chart Of The Day. All rights reserved. This newsletter may only be used pursuant to the subscription agreement, and any reproduction, copying or redistribution (electronic or otherwise, including on the World Wide Web), in whole or in part, is strictly prohibited without the express written permission of Laissez Faire Books LLC, 808 Saint Paul Street, Baltimore, MD 21202-2406. To end your Chart Of The Day e-mail subscription and associated external offers sent from Chart Of The Day, click here to unsubscribe. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. If legal advice or any type of assistance is needed, please seek the services of a competent professional. This material, produced by Chart Of The Day, is for informational purposes only. All technical information, instruction, and advice, reflect the beliefs of Chart Of The Day and are intended as informational only. Chart Of The Day is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to Laissez Faire delivering daily email issues and advertisements. Please read our Privacy Statement. EMAIL REFERENCE ID: 401CODED01