Snap could continue its losing streak. Possibly it could go bankrupt as I have seen fractals like this with companies that end up going BK. Note that this is pure technical analysis and I have not taking into account what the financials are or DAU. This is not a financial advice and please do your DD
If you haven`t bought the dip on MDB: Then analyzing the options chain and the chart patterns of MDB MongoDB prior to the earnings report this week, I would consider purchasing the 450usd strike price Calls with an expiration date of 2024-6-21, for a premium of approximately $41.45. If these options prove to be profitable prior to the earnings release, I would...
Hey everyone, Sorry I didn't get around to posting over the weekend. So my initial assertion was we would pullback into this week; however, there was a 2 hour bullish HA setup that ended off the week: So we were able to take that target out yesterday and then once that happened we starkly pulled back. Right now SPY is just hanging on the bearish condition on...
How long do we stay below 5400 - SP500? is the real question. Are we going to see a sideways range through the fall? Do we get a rip roaring 10-15% correction and "L" or even better "V" recovery? The path does not matter as much but here is my commentary anyway. I think that we see a temporary high in early April as we power through the rest of Q1 earnings...
About a 4 to 1 containment MA. I don't think we are done with the correction. Watch the 500 level carefully.
looking like a small repeat of the last couple days. gap down on open, hoping for a bounce or a break down. we shall see what 4am brings
27 days over the 9 day MA of lows. 3:1 is in the danger zone. Be careful longs.
CL is hitting new daily lows. Looking for it to get close to a large S/R on the daily and then move back up to the previous low
8 higher lows in a row. This is rare and to be noted.
looking at the weekly with one more push to a possible 50% retrace before rotation. arkw
Hello everyone! First two new charts for 2024. Another year another upside logic market. We're breaking ATH with continually decaying economic data, new banking troubles, new wars, and an election year and markets ignore it all. It's a Fed controlled market so mysterious!? Anyhow, in this chart I did a vague not so accurate EW that began Jan 2022 that bottomed...
hood is in a uptrend to key resistance tag at 21 we continue an uptrend till rotation. hood
Simple stuffs never gets it due credit. MACD, RSI used to identify trends and safe entry zone. HK candle are main source of trend
Scared to jump in! I will say that since Nov, it's been extremely important to recognize patterns and implement strategies to participate in this fast moving bull rally (tight HH & HL). This 2/9 week candle was pretty strong. I heard someone say once that when people missed a strong rally over thinking it (especially big money), we may see attempts to snatch at...
NASDAQ:RKLB If you zoom out, you can see that Rocket Lab is clearly trading inside the channel of a bottom stage. (Google Stage Analysis) The base of the channel has formed a strong support after a long period of consolidation, as evident by the volume profile. As you can see, the stock spends most of its time in the bottom half of the channel and bounces every...
I like NYSE:EVR 5 month uptrend Mark Minervivi 's criteria I. Spotting maket leader. Strong fundamentals and forecasts.
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